Basta Holdings Generates Nearly $1 Million in Monthly Revenue for March 2014

Basta Holdings Generates Nearly $1 Million in Monthly Revenue for March 2014

Apr 21, 2014

FORT LAUDERDALE, Fla., April 21, 2014 (GLOBE NEWSWIRE) -- Basta
Holdings Corp. (OTCBB:BSTA), an aviation services and logistics
management company, today announced that it booked $959,981 in revenues
during the month of March 2014.

Although there is no guarantee that Basta Holdings will generate this
income in the future, its revenue for March 2014 is putting the Company
on pace to generate at least approximately $11.5 million in anticipated
annual revenues.

As previously reported, on January 31, 2014 Basta Holdings entered into
an agreement with WAB International, Inc., a provider of heavy
helicopter long-term charter and logistics management services, to
assume the management of specific aviation service contracts that
generated approximately $70 million in revenue in 2013 between WAB and
its affiliated group of companies.

Also as previously reported, on January 31, 2014, the Company entered
into a marketing agreement with Monarch Air Group, LLC, a provider of
aircraft and crew management services for rotary and fixed wing
aircraft as well as chartering on-demand private, corporate and luxury

March 2014 represented the first month of revenue-generating operations
for Basta Holdings following these agreements. Additionally, the
Company is in negotiations with major aviation companies in China and
Africa and plans to expand its long-term heavy helicopter leasing
business and establish joint ventures in the acquisition and
development of maintenance, repair and overhaul (MRO) facilities.
Management also expects to enter into long-term aircraft leases and
acquire additional assets to increase the size and efficiency of its
fixed-based operator (FBO) operations.

"Basta Holdings is pleased to report strong initial revenues from our
recent partnerships in the fields of heavy helicopter leasing and
private aviation and we anticipate these will generate multi-million
dollar annual revenues for the Company. These agreements serve as a
solid foundation as Basta Holdings establishes itself as a leading
international provider of independent aviation maintenance, repair and
overhaul (MRO) services," stated Jacob Gitman, Ph,D., President of
Basta Holdings Corp.

"This is a very exciting time for our shareholders as the company plans
to experience significant growth in 2014. The soaring worldwide demand
for commercial jet transport fleet provide a tremendous market
opportunity for Basta Holdings, particularly in the US and China. We
believe our unique, market-changing MRO business model will allow the
Company to rapidly acquire a significant market share and sustain
long-term growth," continued Dr. Gitman.

About Basta Holdings Corp.

Basta Holdings Corp. provides contract procurement, business
development and management services in the aviation and logistics
industries. The company specializes in management of long-term ACMI
leases of fixed wing and rotary passenger and cargo aircrafts and
private business aviation, which includes charter, maintenance,
overhaul and FBO development and management as well as various
auxiliary services. For more information on the company, please visit