SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

                   QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934


For The Quarter Ended September 30, 2002          Commission File Number 0-25025


                          GREENS WORLDWIDE INCORPORATED
             (Exact name of registrant as specified in its charter)


            ARIZONA                                      86-0718104
(State or other jurisdiction of             (IRS Employer Identification Number)
 incorporation or organization)


                 3840 North 16th Street, Phoenix, Arizona 85016
                    (Address of principal executive offices)


         Registrant's telephone number, including area code 602-263-9600


                          Sedona Worldwide Incorporated
              Former name, former address, and former fiscal year,
                          if changed since last report.


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.

                               Yes [X]     No [ ]

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
stock, as of the latest practicable date.

             Class                             Outstanding at September 30, 2002
             -----                             ---------------------------------
Common Stock, without par value                         21,960,902 shares


<PAGE>
                                     PART I

ITEM I. FINANCIAL STATEMENTS

                          GREENS WORLDWIDE INCORPORATED
                             CONDENSED BALANCE SHEET
                          (A Development Stage Company)
                                   (Unaudited)

                                                                   September 30,
                                                                       2002
                                                                    -----------
                                     ASSETS

CURRENT ASSETS
  Cash                                                              $   851,473

  Other Assets                                                           37,315
                                                                    -----------
          Total Current Assets                                          888,789

LONG TERM ASSETS
  Property and equipment, net                                            13,432

  Construction in progress                                              598,874

  Deferred tax asset                                                     81,947
                                                                    -----------

          Total Long Term Assets                                        694,253
                                                                    -----------

TOTAL ASSETS                                                        $ 1,583,042
                                                                    ===========

                      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
  Accounts payable                                                  $    49,519

  Accrued liabilities                                                     5,819
                                                                    -----------

          Total Current Liabilities                                      55,338
                                                                    -----------

  Preferred stock, $10 par value; 5,000,000 shares authorized;
    none issued and outstanding                                              --

  Common stock, no par value; 50,000,000 shares authorized;
    21,960,902 shares issued and outstanding                          2,625,008

  Additional paid-in capital                                          2,664,358

  Accumulated deficit                                                (3,761,662)
                                                                    -----------

          Total Stockholders' Equity                                  1,527,704
                                                                    -----------

          TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                $ 1,583,042
                                                                    ===========

                   See notes to condensed financial statements

                                       2
<PAGE>
                          GREENS WORLDWIDE INCORPORATED
                       CONDENSED STATEMENTS OF OPERATIONS
                          (A Development Stage Company)
                                   (Unaudited)

                                                            For the Period Ended
                                                               January 2, 2002
                                                                  (Date of
                                            Three Months       Reorganization)
                                               Ended               Through
                                            September 30,       September 30,
                                                2002                2002
                                            ------------        ------------
Revenues                                    $         --        $         --
                                            ------------        ------------

Expenses:

General and administrative                       204,867             208,096
                                            ------------        ------------

Total Expenses                                   204,867             208,096
                                            ------------        ------------

Income Tax Benefit                               (81,947)            (81,947)
                                            ------------        ------------

     Net loss                               $   (122,920)       $   (126,149)
                                            ============        ============

Weighted average shares of common stock
  outstanding                                 15,193,511           8,939,657

Basic and diluted loss per share            $      (0.01)       $      (0.01)
                                            ============        ============

                   See notes to condensed financial statements

                                       3
<PAGE>
                          GREENS WORLDWIDE INCORPORATED
                       CONDENSED STATEMENTS OF CASH FLOWS
                          (A Development Stage Company)
                                   (Unaudited)

                                                          For the Period Ended
                                                            January 2, 2002
                                                        (Date of Reorganization)
                                                                through
                                                           September 30, 2002
                                                           ------------------
Cash flows from operating activities:
  Net Loss                                                    $  (126,149)
  Adjustments to reconcile net loss to net cash used in
    operating activities:
      Depreciation                                                    982
      Options issued for services                                 118,628
      Income tax benefit                                          (81,947)

Change in current assets and liabilities:
      Other assets                                                (32,347)
      Accounts payable                                             49,519
      Accrued expenses                                                818
                                                              -----------

Net Cash Used in Operating Activities                             (70,496)

Cash flows from INVESTING activities:

  Purchases of property and equipment                              (4,157)

  Purchases of construction in progress                           (98,874)
                                                              -----------

Net Cash Used in Investing Activities                            (103,031)

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from issuance of common stock                          1,025,000
                                                              -----------
Net Cash Provided by Financing Activities                       1,025,000
                                                              -----------

CHANGE IN CASH                                                    851,473

CASH AT BEGINNING OF PERIOD                                            --
                                                              -----------

CASH AT END OF PERIOD                                         $   851,473
                                                              ===========

Supplemental Disclosure of Non Cash Investing and
Financing Activities

Asset acquired as part of Asset Purchase Agreement
  for 8,000,000 shares of common stock                        $   520,224

                   See notes to condensed financial statements

                                       4
<PAGE>
                          GREENS WORLDWIDE INCORPORATED
                          (A Development Stage Company)

                     NOTES TO CONDENSED FINANCIAL STATEMENTS
                                   (UNAUDITED)

NOTE 1. BUSINESS DESCRIPTION AND BASIS OF BUSINESS PRESENTATION

     Greens Worldwide Incorporated (formerly Sedona Worldwide Incorporated),  an
Arizona corporation (or the "Company"),  was incorporated in 1992 under the name
Red Rock Collection Incorporated. The Company was a majority-owned subsidiary of
ILX Resorts  Incorporated,  an Arizona  corporation  ("ILX") until  December 31,
1999,  when ILX effected a  distribution  of all of the shares of the  Company's
Common Stock to the ILX shareholders of record as of December 21, 1999, on a pro
rata basis (the  "Spin-Off").  As a result of the Spin-Off,  ILX's  shareholders
became owners of, in the  aggregate,  80% of the Company's  outstanding  capital
stock.  ILX  registered  the Company's  Common Stock  pursuant to a Registration
Statement  on Form 10-SB on a voluntary  basis,  in order to effect the Spin-Off
without the need to register the  distribution of the Company's  Common Stock to
ILX's shareholders under the Securities Act of 1933, as amended (the "Securities
Act"). In January 2000, ILX distributed an Information Statement, which contains
substantially  the same kind of  information  as is  typically  found in a Proxy
Statement,  to ILX  shareholders.  The Information  Statement  disclosed certain
material  information  about the  Company  and the shares of Common  Stock to be
distributed  to  ILX  shareholders  in  the  Spin-Off.  On  November  21,  2001,
shareholders approved a plan to execute a tax-free reorganization of the Company
that is a reverse  acquisition.  On January 2, 2002 the Company  entered  into a
General Bill of Sale,  Assignment and Assumption  Agreement with ILX whereby ILX
assumed  all of the  assets and  liabilities  of the  Company,  leaving a "shell
company" available for the reorganization discussed above.

     In August 2002, the Company  entered into an Asset Purchase  Agreement with
The Greens of Las Vegas,  Inc.  ("GOLV") whereby the Company acquired all of the
assets of GOLV and in return issued 8,000,000 shares of common stock. The assets
purchased  include  all plans,  designs,  concepts  and any and all  proprietary
rights to be utilized in the GOLV business plan.  The Asset  Purchase  Agreement
was executed as part of a Memorandum of  Understanding  that provided for ILX to
purchase  8,000,000  million shares of GWI at $0.125 per share. In addition,  an
officer of the Company was issued a stock  option from ILX to purchase 1 million
shares of GWI at $0.125 per share,  with the exercise  price to increase 10% per
year.

     The  Company is  accounted  for as a newly  reorganized  development  stage
company on January 2, 2002 with no prior history. The prior operations of Sedona
Worldwide  Incorporated  are  not  presented  due to the  reorganization  of the
Company. The Company plans to develop 23 acres of property located one mile from
the  Southern  part of the Las Vegas Strip.  The facility  will include a sports
themed  restaurant  and bar, pro shop,  and five 18-hole  natural  grass putting
courses.  Four of the putting  courses  will be  developed  using 24  full-sized
championship  putting  greens,  each  inspired by famous greens known around the
world.

     The  accompanying  unaudited  consolidated  financial  statements have been
prepared in accordance  with  generally  accepted  accounting  principles in the
United States of America for interim financial  information and the instructions
to Form  10-QSB  and Rule  10-01 of  Regulation  S-X.  Accordingly,  they do not
include  all of  the  information  and  notes  required  by  generally  accepted
accounting  principles  in the United  States of America for complete  financial
statements. In the opinion of management,  all adjustments and reclassifications
considered  necessary for a fair and comparable  presentation have been included
and are of a normal  recurring  nature.  Operating  results  for the nine  month
period ended  September 30, 2002 are not  necessarily  indicative of the results
that may be expected for the year ending  December 31,  2002.  The  accompanying
financial  statements  should be read in  conjunction  with the  Company's  most
recent audited financial statements.

                                       5
<PAGE>
                          GREENS WORLDWIDE INCORPORATED
                          (A Development Stage Company)

NOTE 2. BUSINESS CONDITION

     As shown in the accompanying financial statements,  the Company operated at
a net loss of  $122,920  and  $126,149  during the three and nine  months  ended
September  30, 2002.  While the Company has had no revenue to date, it does have
sufficient  working capital to construct the restaurant and retail operations in
order to generate profits.  The Company may pursue debt or equity financing that
will enable it to construct the putting  operations  discussed above in order to
achieve profitability.

NOTE 3. ASSET ACQUISITION OF THE GREENS OF LAS VEGAS, INC.

     On August 10, 2002, the Company assumed all of the assets of GOLV in return
for  8,000,000  shares of the  Company's  stock.  Because GOLV was  considered a
development  stage  entity it was not  considered  a  business.  Therefore,  the
acquisition  of GOLV's  assets were  accounted for as the purchase of assets and
recorded  at the  fair  value  of the  assets  acquired.  The  assets  purchased
included, but were not limited to, all plans, designs,  concepts and any and all
proprietary  rights to be utilized in the execution of the GOLV  business  plan.
The agreement also  stipulated that the Company would only assume $5,000 of GOLV
liabilities.

     The  following  table  indicates  the  original  cost  of  the  assets  and
liabilities  acquired,  the adjustment required to record assets and liabilities
at fair value and the fair value of the assets and liabilities:

                                          ORIGINAL                   FAIR
                                            COST      ADJUSTMENT     VALUE
                                           -------    ----------    -------
     Deposits and other current assets       4,967           --       4,967
     Construction in progress              354,428      145,572     500,000
     Furniture and equipment                10,257           --      10,257
     Current liabilities                   232,407     (227,407)      5,000

     The following  unaudited pro forma  financial  statement  data presents the
results  of  operations  of the  Company  for the  three and nine  months  ended
September 30, 2002 and 2001,  respectively  as if the asset  acquisition of GOLV
had  occurred  at the  beginning  of  those  periods.  The pro  forma  financial
statements do not include January through September 2001 for the Company, due to
the operations being prior to the Reorganization  discussed above. The unaudited
pro forma results have been prepared for  illustrative  purposes only and do not
purport to represent  what the Company's  results of operations  actually  would
have been had the asset acquisition been made when assumed, nor is it indicative
of actual or future operating results that may occur.

<TABLE>
<CAPTION>
                                  For the Three Months          For the Nine Months
                                   Ended September 30,           Ended September 30,
                                --------------------------    --------------------------
                                   2002           2001           2002           2001
                                -----------    -----------    -----------    -----------
<S>                             <C>            <C>            <C>            <C>
Sales                           $         0    $         0    $   389,279    $     2,180
Net loss                           (137,760)      (254,496)      (200,512)      (463,342)
Basic loss per common share           (0.01)         (0.01)         (0.01)         (0.02)
Diluted loss per common share         (0.01)         (0.01)         (0.01)         (0.02)
</TABLE>

NOTE 4. SHAREHOLDERS' EQUITY

     During the period ended  January 2, 2002 through  September  30, 2002,  the
Company  issued  8,200,000  shares of common  stock for $0.125  per  share.  The
Company also issued  8,000,000 shares of common stock in exchange for the assets
of GOLV as discussed in Note 1. In August 2002,  the Company  issued  options to
purchase  1,000,000  shares of common  stock at  $0.125  per share for  investor
relations  services.  These options were valued at $118,628  using the following
assumptions to calculate the fair value of the option grant: expected volatility
is 275.86%,  the risk free  interest  rate is 2.51% and the expected life of the
options is 3.34 years.  The $118,628 was included in general and  administrative
expense.

                                       6
<PAGE>
                          GREENS WORLDWIDE INCORPORATED
                          (A Development Stage Company)

NOTE 5. OTHER

     In August 2002, the Company entered into a sublease  agreement with Varsity
Clubs of  America-Nevada  ("VCA-NV"),  a subsidiary of ILX, for approximately 23
acres of a 44-acre parcel of land, as well as a portion of an existing  building
in Las Vegas,  Nevada.  The Company paid a deposit of $25,000.  The monthly rent
for the land and the building is approximately $31,800.

     The Company issued  options to purchase  500,000 shares of common stock for
$0.125 per share to an employee.  The Company  recorded no expense upon issuance
due to the exercise price being at or below market value.

     Options  to  purchase  1,500,000  shares  of common  stock at  $0.125  were
excluded  from  the  loss  per  share  calculation  due to  their  effect  being
anti-dilutive.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

THE FOLLOWING  DISCUSSION OF THE  COMPANY'S  FINANCIAL  CONDITION AND RESULTS OF
OPERATIONS INCLUDES CERTAIN FORWARD-LOOKING  STATEMENTS.  WHEN USED IN THIS FORM
10-QSB, THE WORDS "ESTIMATE,"  "PROJECTION," "INTEND," "ANTICIPATES" AND SIMILAR
TERMS ARE  INTENDED TO IDENTIFY  FORWARD-LOOKING  STATEMENTS  THAT RELATE TO THE
COMPANY'S  FUTURE  PERFORMANCE.  SUCH  STATEMENTS  ARE  SUBJECT  TO  SUBSTANTIAL
UNCERTAINTY.   READERS  ARE  CAUTIONED  NOT  TO  PLACE  UNDUE  RELIANCE  ON  THE
FORWARD-LOOKING STATEMENTS SET FORTH BELOW. THE COMPANY UNDERTAKES NO OBLIGATION
TO PUBLICLY  UPDATE OR REVISE ANY OF THE  FORWARD-LOOKING  STATEMENTS  CONTAINED
HEREIN.

PLAN OF OPERATION

     On November  21, 2001,  shareholders  approved a plan to execute a tax-free
reorganization  of the Company  that,  if executed,  would be accounted for as a
reverse acquisition.  On January 2, 2002 the Company entered into a General Bill
of Sale, Assignment and Assumption Agreement with ILX whereby ILX assumed all of
the assets and liabilities of the Company,  leaving a "shell company"  available
for the reorganization discussed above.

     In August 2002, the Company  entered into an Asset Purchase  Agreement with
The Greens of Las Vegas,  Inc.  ("GOLV") whereby the Company acquired all of the
assets of GOLV and in return issued 8,000,000 shares of common stock. The assets
purchased  include  all plans,  designs,  concepts  and any and all  proprietary
rights to be utilized in the GOLV business plan.  The Asset  Purchase  Agreement
was executed as part of a Memorandum of  Understanding  that provided for ILX to
purchase  8,000,000  million shares of GWI at $0.125 per share. In addition,  an
officer of the Company was issued a stock  option from ILX to purchase 1 million
shares of GWI at $0.125 per share,  with the exercise  price to increase 10% per
year.

     General and administrative  expense for the nine months ended September 30,
2002  included  approximately  $119,000  for the issuance of options to purchase
1,000,000  shares of common  stock at $0.125.  The  options  were  issued to the
Company's  investor  relations  firm  for  services.  The  assumptions  used  to
calculate  the fair value of the  option  grant  were:  expected  volatility  of
275.86%,  the risk  free  interest  rate of 2.51% and the  expected  life of the
options of 3.34 years. Also included in general and administrative  expenses are
the daily operation  expenses for the Greens of Las Vegas which include salaries
and rent.

ITEM 3. CONTROLS AND PROCEDURES

     Within 90 days prior to the filing of this quarterly report,  the Company's
Chairman and its Chief  Financial  Officer  evaluated the  Company's  disclosure
controls and procedures as required pursuant to Rule 13a-14 under the Securities
and  Exchange  Act of 1934,  as  amended.  Based on this  evaluation,  the Chief
Executive Officer and its Chief Financial Officer  determined that such controls

                                       7
<PAGE>
                          GREENS WORLDWIDE INCORPORATED
                          (A Development Stage Company)

and procedures  were  effective.  There were no significant  changes in internal
controls that could significantly  affect the disclosure controls and procedures
since the date of the evaluation.

                                    PART II.

ITEM I. LEGAL PROCEEDINGS

     The  Company  is not  currently  the  subject  of any  pending  or,  to its
knowledge, threatened legal claims.

ITEM II. CHANGES IN SECURITIES AND USE OF PROCEEDS

     None

ITEM III. DEFAULTS UPON SENIOR SECURITIES

     None

ITEM IV. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

     None

ITEM V. OTHER INFORMATION

     None

ITEM VI. EXHIBITS AND REPORTS ON FORM 8-K

     A Report on form 8-K was filed on August 14, 2002.  The Company  reported a
reorganization, acquisition of assets and a name change.

                                       8
<PAGE>
                                   SIGNATURES

     Pursuant to the  requirements  of the  Securities  Exchange Act of 1934, as
amended,  the Registrant has duly caused its quarterly  report on Form 10-QSB to
be signed on its behalf by the undersigned thereunto duly authorized.


                          GREENS WORLDWIDE INCORPORATED
                                  (Registrant)


                              /s/ Joseph P. Martori
                    ----------------------------------------
                                Joseph P. Martori
                                    Chairman


                             /s/ Margaret M. Eardley
                    ----------------------------------------
                                Margaret Eardley
                         Acting Chief Financial Officer

Date: As of November 7, 2002

                                       9
<PAGE>
                                 CERTIFICATIONS

I, Joseph P. Martori, Chairman, certify that:

     1.   I have  reviewed  this  quarterly  report  on Form  10-QSB  of  Greens
          Worldwide Incorporated;

     2.   Based on my  knowledge,  this  quarterly  report  does not contain any
          untrue  statement of a material fact  necessary to make the statements
          made, in light of the  circumstances  under which such statements were
          made,  not  misleading  with  respect  to the  period  covered by this
          quarterly report;

     3.   Based on my knowledge,  the financial statements,  and other financial
          information  included in this quarterly report,  fairly present in all
          material respects the financial  condition,  results of operations and
          cash flows of the registrant as of, and for, the periods  presented in
          this quarterly report;

     4.   The registrant's  other certifying  officers and I are responsible for
          establishing  and maintaining  disclosure  controls and procedures (as
          defined in Exchange  Act Rules  13a-14 and 15d-14) for the  registrant
          and we have:

          a)   designed such  disclosure  controls and procedures to ensure that
               material  information  relating to the registrant,  including its
               consolidated  subsidiaries,  is made known to us by others within
               those  entities,  particularly  during  the  period in which this
               quarterly report is being prepared;

          b)   evaluated  the  effectiveness  of  the  registrant's   disclosure
               controls and  procedures as of a date within 90 days prior to the
               filing date of this quarterly report (the "Evaluation Date"); and

          c)   presented  in this  quarterly  report our  conclusions  about the
               effectiveness of the disclosure  controls and procedures based on
               our evaluation as of the Evaluation Date;

     5.   The registrant's other certifying officers and I have disclosed, based
          on our most recent  evaluation,  to the registrant's  auditors and the
          audit  committee  of  registrant's  board  of  directors  (or  persons
          performing the equivalent function):

          a)   all  significant  deficiencies  in the  design  or  operation  of
               internal  controls which could adversely  affect the registrant's
               ability to record,  process,  summarize and report financial data
               and have  identified for the  registrant's  auditors any material
               weaknesses in internal controls; and

          b)   any fraud,  whether or not material,  that involves management or
               other employees who have a significant  role in the  registrant's
               internal controls; and,

     6.   The  registrant's  other  certifying  officers and I have indicated in
          this quarterly report whether or not there were significant changes in
          internal controls or in other factors that could significantly  affect
          internal   controls   subsequent  to  the  date  of  our  most  recent
          evaluation,   including   any   corrective   actions  with  regard  to
          significant deficiencies and material weaknesses.


November 8, 2002                        /s/ Joseph P. Martori
                                        ----------------------------------------
                                        Joseph P. Martori
                                        Chairman

                                       10
<PAGE>
                                 CERTIFICATIONS

I, Margaret M. Eardley, Acting Chief Financial Officer certify that:

     1.   I have reviewed this quarterly report on Form 10-Q of Greens Worldwide
          Incorporated;

     2.   Based on my  knowledge,  this  quarterly  report  does not contain any
          untrue  statement of a material fact  necessary to make the statements
          made, in light of the  circumstances  under which such statements were
          made,  not  misleading  with  respect  to the  period  covered by this
          quarterly report;

     3.   Based on my knowledge,  the financial statements,  and other financial
          information  included in this quarterly report,  fairly present in all
          material respects the financial  condition,  results of operations and
          cash flows of the registrant as of, and for, the periods  presented in
          this quarterly report;

     4.   The registrant's  other certifying  officers and I are responsible for
          establishing  and maintaining  disclosure  controls and procedures (as
          defined in Exchange  Act Rules  13a-14 and 15d-14) for the  registrant
          and we have:

          a)   designed such  disclosure  controls and procedures to ensure that
               material  information  relating to the registrant,  including its
               consolidated  subsidiaries,  is made known to us by others within
               those  entities,  particularly  during  the  period in which this
               quarterly report is being prepared;

          b)   evaluated  the  effectiveness  of  the  registrant's   disclosure
               controls and  procedures as of a date within 90 days prior to the
               filing date of this quarterly report (the "Evaluation Date"); and

          c)   presented  in this  quarterly  report our  conclusions  about the
               effectiveness of the disclosure  controls and procedures based on
               our evaluation as of the Evaluation Date;

     5.   The registrant's other certifying officers and I have disclosed, based
          on our most recent  evaluation,  to the registrant's  auditors and the
          audit  committee  of  registrant's  board  of  directors  (or  persons
          performing the equivalent function):

          a)   all  significant  deficiencies  in the  design  or  operation  of
               internal  controls which could adversely  affect the registrant's
               ability to record,  process,  summarize and report financial data
               and have  identified for the  registrant's  auditors any material
               weaknesses in internal controls; and,

          b)   any fraud,  whether or not material,  that involves management or
               other employees who have a significant  role in the  registrant's
               internal controls; and,

     6.   The  registrant's  other  certifying  officers and I have indicated in
          this quarterly report whether or not there were significant changes in
          internal controls or in other factors that could significantly  affect
          internal   controls   subsequent  to  the  date  of  our  most  recent
          evaluation,   including   any   corrective   actions  with  regard  to
          significant deficiencies and material weaknesses.


November 8, 2002                        /s/ Margaret M. Eardley
                                        ----------------------------------------
                                        Margaret M. Eardley
                                        Acting Chief Financial Officer

                                       11