----

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**U.S.      SECURITIES AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**________________________________**

**FORM      10-QSB**

**________________________________**

| **x** | QUARTERLY                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934 |
|-------|--------------------------------------------------------------------------------------------------------------------------------------|

**For      the quarterly period ended September 30, 2006**

| **o** | TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934 |
|-------|---------------------------------------------------------------------------------------------------------------------------------------|

**For      the transition period from**

**Commission      File No. 000-31329**

**SERVICE      AIR GROUP, INC.**

**(Exact      name of small business issuer as specified in its charter)**

| **New                Jersey**                                                | **22-3719171**                                      |
|------------------------------------------------------------------------------|-----------------------------------------------------|
| (State                or other jurisdiction ofincorporation or organization) | (I.R.S.                Employer Identification No.) |

**12692-97**
**Th**

**      Ave. Surrey, B.C. Canada V3V 2E9**

**(604)      722-2147**

**SEGWAY      V CORP.**

**9175      Mainwaring Rd., Sidney BC V8L 1J9**

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**TABLE      OF CONTENTS**

**PART      I-- FINANCIAL INFORMATION**

| Item                1. | Financial                Statements                                              |
|------------------------|----------------------------------------------------------------------------------|
|                   |                                                                             |
| Item                2. | Management’s                Discussion and Analysis of Financial Condition |
|                   |                                                                             |
| Item                3. | Control                and Procedures                                            |

**PART      II-- OTHER INFORMATION**

| Item                1. | Legal                Proceedings                                   |
|------------------------|--------------------------------------------------------------------|
|                   |                                                               |
| Item                2. | Changes                in Securities                               |
|                   |                                                               |
| Item                3. | Defaults                Upon Senior Securities                     |
|                   |                                                               |
| Item                4. | Submission                of Matters to a Vote of Security Holders |
|                   |                                                               |
| Item                5. | Other                Information                                   |
|                   |                                                               |
| Item                6. | Exhibits                and Reports on Form 8-K                    |

**SIGNATURE**

**Item      1.**
**Financial      Information**

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**SERVICE      AIR GROUP, INC.**

**INTERIM      FINANCIAL STATEMENTS**

**FOR      THE NINE MONTHS ENDED SEP 30, 2006**

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| **Service                Air Group, Inc.***(Development                Stage Company)* | Statement                1 |
|----------------------------------------------------------------------------------------|----------------------------|
| **Interim                Balance Sheet**                                               |                       |
| *Prepared                by management*                                                |                       |
| *US                Funds*                                                              |                       |
|                                                                                   |                       |

| **ASSETS**                                                              |   | **Sep                2006** |        | Dec,                2005 |   |
|-------------------------------------------------------------------------|--------|-----------------------------|-------------|--------------------------|--------|
| **Current**                                                             |   |                        |        |                     |   |
| Interest                Receivable                                      |   | $                           | **3,033**   |                     |   | 0 |   |
|                                                                    |   |                        | **0**       |                     |   | 0 |   |
| **Long                - Term**                                          |   |                        |        |                     |   |   |   |
| Property                and Equipment ( Note 4 )                        |   | $                           | **763**     |                     | $      | 984 |   |
| Investments                ( Note 7 )                                   |   |                        | **219,400** |                     |   | 0 |   |
|                                                                    |   |                        | **223,196** |                     |   | 984 |   |
|                                                                    |   |                        |        |                     |   |   |   |
| **LIABILITIES**                                                    |   |                        |        |                     |   |   |   |
| **Current**                                                             |   |                        |        |                     |   |   |   |
| ** **Accounts                Payable and Liabilities               |   | $                           | **9,993**   |                     | $      | 0 |   |
|                                                                    |   |                        | **9,993**   |                     |   | 0 |   |
|                                                                    |   |                        |        |                     |   |   |   |
| **Long-                Term**                                           |   |                        |        |                     |   |   |   |
| Due                to SAG Canada                                        |   |                        | **0**       |                     |   | 10,638 |   |
| Due                to Shareholder ( Note 6 )                            |   |                        | **51,221**  |                     |   | 15,250 |   |
|                                                                    |   |                        | **61,214**  |                     |   | 25,888 |   |
|                                                                    |   |                        |        |                     |   |   |   |
| **Stockholders’                Deficit**(                Note 5 ) |   |                        |        |                     |   |   |   |
| Preferred                stock, $0.0001 par value, 20,000,000 shares    |   |                        |        |                     |   |   |   |
| Issued                and Outstanding are none                          |   |                        |        |                     |   |   |   |
| Common                stock, $0.0001 par value, 100,000,000 shares      |   |                        |        |                     |   |   |   |
| Issued                and outstanding are 5,469,400 and                 |   |                        |        |                     |   |   |   |
| 5,469,400                shares of common stock, respectively           |   |                        | **547**     |                     |   | 525 |   |
| Additional                paid in capital                               |   |                        | **219,803** |                     |   | 425 |   |
| Deficit                ( Statement 2)                                   |   |                        | **(58,368** | **)**                    |   | (25,854 | ) |
|                                                                    |   |                        | **161,982** |                     |   | (24,904 | ) |
|                                                                    |   |                        |        |                     |   |   |   |
|                                                                    |   | $                           | **223,196** |                     | $      | 984 |   |

----

| **Service                Air Group, Inc.***(Development                Stage Company)* | Statement                2 |
|----------------------------------------------------------------------------------------|----------------------------|
| **Interim                Statement of Loss**                                           |                       |
| **For                the Nine Months Ended Sep 30,**                                   |                       |
| *Prepared                by management*                                                |                       |
| *US                Funds*                                                              |                       |

|                                                         |   |     |          |   |   |                          |   |
|--------------------------------------------------------------|--------|----------|---------------|--------|--------|-------------------------------|--------|
|                                                         |   | **2006** |          | 2005   |   | From                Inception |   |
| **Interest                Revenue**                          |   | $        | **3,033**     |   |   |                          |   | $ | 3,033 |   |
| **Expenditures**                                             |   |     |          |   |   |                          |   |   |   |   |
| Automotive                                                   |   | $        | **15,432**    |   | $      | -                             |   | $ | 20,249 |   |
| Depreciation                                                 |   |     | **221**       |   |   | -                             |   |   | 395 |   |
| Filing                and listing fees                       |   |     | **3,379**     |   |   | 400                           |   |   | 8,042 |   |
| Legal                and professional                        |   |     | **16,516**    |   |   | -                             |   |   | 32,716 |   |
|                                                         |   |     | **35,547**    |   |   | 400                           |   |   | 61,402 |   |
| Net                Loss for the period                       |   | $        | **(32,514**   | )      | $      | (400                          | )      | $ | (58,368 | ) |
| Net                Loss per share - basic and diluted        |   |     | **(0.01**     | **)**  |   | **(0.00**                     | **)**  |   | **(0.01** | **)** |
| Weighted                average number of shares outstanding |   |     | **5,372,400** |   |   | **5,250,000**                 |   |   | **5,372,400** |   |

| **Interim                Statement of Deficit**      |   |
|------------------------------------------------------|--------|
| **For                the Nine Months Ended Sep 30,** |   |
| *Prepared                by management*              |   |
| *US                Funds*                            |   |

|                                             |   | **2006** |        | 2005  |   | From                Inception |   |
|--------------------------------------------------|--------|----------|-------------|-------|--------|-------------------------------|--------|
| **Deficit                - Beginning of Period** |   | $        | **(25,854** | )     | $      | (25,454                       | )      | $ | - |   |
| Net                loss                          |   |     | **(32,514** | **)** |   | (400                          | )      |   | (58,368 | ) |
| **Deficit                - End of Period**       |   | $        | **(58,368** | )     | $      | (25,854                       | )      | $ | (58,368 | ) |

----

| **Service                Air Group, Inc.***(Development                Stage Company)* | Statement                3 |
|----------------------------------------------------------------------------------------|----------------------------|
| **Interim                Statement of Stockholders’ Deficiency**                 |                       |
| *Prepared                by management*                                                |                       |
| *US                Funds*                                                              |                       |

|                                                                   |   | Common                Stock                                 Shares                                       Amount |      | Additional                Paid-in Capital |   | Accumulated                Deficit |   | Total  |    |
|------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------|-------------------------------------------|--------|------------------------------------|--------|--------|---------|
| Inception,                March 30, 2000                               |   |                                                                                                                                                                                                                                                                                                                    | -         |                                      | $      | -                                  |   | $      | -       |   | $ | - |   | $ | - |   |
| Stock                issued for cash at $0.0001 per share              |   |                                                                                                                                                                                                                                                                                                                    | 5,000,000 |                                      |   | 500                                |   |   | -       |   |   | - |   |   | 500 |   |
| Stock                issued for cash at $0.001 per share               |   |                                                                                                                                                                                                                                                                                                                    | 250,000   |                                      |   | 25                                 |   |   | 225     |   |   | - |   |   | 250 |   |
| Development                stage net loss                              |   |                                                                                                                                                                                                                                                                                                                    | -         |                                      |   | -                                  |   |   | -       |   |   | (837 | ) |   | (837 | ) |
| Balance                December 31, 2000                               |   |                                                                                                                                                                                                                                                                                                                    | 5,250,000 |                                      | $      | 525                                |   | $      | 225     |   | $ | (837 | ) | $ | (87 | ) |
| Capital                contributed by shareholders                     |   |                                                                                                                                                                                                                                                                                                                    | -         |                                      | $      | -                                  |   | $      | 124     |   | $ | - |   | $ | 124 |   |
| Development                stage net loss                              |   |                                                                                                                                                                                                                                                                                                                    | -         |                                      |   | -                                  |   |   | -       |   |   | (926 | ) |   | (926 | ) |
| Balance                December 31, 2001                               |   |                                                                                                                                                                                                                                                                                                                    | 5,250,000 |                                      | $      | 525                                |   | $      | 349     |   | $ | (1,763 | ) | $ | (889 | ) |
| Capital                contributed by shareholders                     |   |                                                                                                                                                                                                                                                                                                                    | -         |                                      | $      | -                                  |   | $      | 76      |   | $ | - |   | $ | 76 |   |
| Development                stage net loss                              |   |                                                                                                                                                                                                                                                                                                                    | -         |                                      |   | -                                  |   |   | -       |   |   | (1,112 | ) |   | (1,112 | ) |
| Balance                December 31, 2002                               |   |                                                                                                                                                                                                                                                                                                                    | 5,250,000 |                                      | $      | 525                                |   | $      | 425     |   | $ | (2,875 | ) | $ | (1,925 | ) |
| Development                stage net loss                              |   |                                                                                                                                                                                                                                                                                                                    | -         |                                      |   | -                                  |   |   | -       |   |   | (1,525 | ) |   | (1,525 | ) |
| Balance                December 31, 2003                               |   |                                                                                                                                                                                                                                                                                                                    | 5,250,000 |                                      | $      | 525                                |   | $      | 425     |   | $ | (4,400 | ) | $ | (3,450 | ) |
| Development                stage net loss                              |   |                                                                                                                                                                                                                                                                                                                    | -         |                                      |   | -                                  |   |   | -       |   |   | (7,556 | ) |   | (7,556 | ) |
| Balance                December 31, 2004                               |   |                                                                                                                                                                                                                                                                                                                    | 5,250,000 |                                      | $      | 525                                |   | $      | 425     |   | $ | (11,956 | ) | $ | (11,006 | ) |
| Development                stage net loss                              |   |                                                                                                                                                                                                                                                                                                                    | -         |                                      |   | -                                  |   |   | -       |   |   | (13,898 | ) |   | (13,898 | ) |
| Balance                December 31, 2005                               |   |                                                                                                                                                                                                                                                                                                                    | 5,250,000 |                                      | $      | 525                                |   | $      | 425     |   | $ | (25,854 | ) | $ | (24,904 | ) |
| Stock                issued for cash at $ 1.00Per                share |   |                                                                                                                                                                                                                                                                                                                    | 219,400   |                                      |   | 22                                 |   |   | 219,378 |   |   |   |   |   | 219,400 |   |
| Development                stage net loss                              |   |                                                                                                                                                                                                                                                                                                                    |      |                                      |   |                               |   |   |    |   |   | (32,514 | ) |   | (32,514 | ) |
| Balance                Sep 30, 2006                                    |   |                                                                                                                                                                                                                                                                                                                    | 5,469,400 |                                      | $      | 547                                |   | $      | 219,803 |   | $ | (58,368 | ) | $ | 161,982 |   |

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| **Service                Air Group, Inc.***(Development                Stage Company)* | Statement                4 |
|----------------------------------------------------------------------------------------|----------------------------|
| **Interim                Statement of Cash Flows**                                     |                       |
| **For                the Nine Months Ended Sep 30, 2006**                              |                       |
| *Prepared                by management*                                                |                       |
| *US                Funds*                                                              |                       |

|                                                    |   | **2006** |        | 2005   |   | Inception                to2005 |   |
|---------------------------------------------------------|--------|----------|-------------|--------|--------|---------------------------------|--------|
| **Cash                flows from operating activities** |   |     |        |   |   |                            |   |
| Net                loss for the period                  |   | $        | **(32,514** | )      | $      | (400                            | )      | $ | (25,855 | ) |
| Depreciation                and Amortization            |   |     | **221**     |   |   |                            |   |   | - |   |
| Changes                in working capital               |   |     | **6,960**   |   |   | -                               |   |   | 3,451 |   |
|                                                    |   |     | **(25,333** | **)**  |   | (400                            | )      |   | (22,404 | ) |
|                                                    |   |     |        |   |   |                            |   |   |   |   |
| **Cash                flows from financing activities** |   |     |        |   |   |                            |   |   |   |   |
| Proceeds                from sale of Common stock       |   | $        | -           |   | $      | -                               |   | $ | 750 |   |
| Shareholder                capital contribution         |   |     | **-**       |   |   | -                               |   |   | 200 |   |
| Advances                from related party              |   |     | **25,333**  |   |   | 400                             |   |   | 22,438 |   |
|                                                    |   |     |        |   |   |                            |   |   |   |   |
| **Cash                flows from investing activities** |   |     |        |   |   |                            |   |   |   |   |
| Purchase                of Equipment                    |   |     |        |   |   |                            |   |   | (984 | ) |
| Investments                                             |   |     | **-**       |   |   | -                               |   |   | - |   |
| **Increase                (Decrease) in Cash**          |   |     | **-**       |   |   | -                               |   |   | - |   |
| Cash                position - Beginning of period      |   |     | **-**       |   |   | -                               |   |   | - |   |
| **Cash                position - End of Period**        |   | $        | -           |   | $      | -                               |   | $ | - |   |

----

| **Service                Air Group, Inc.***(Development                Stage Company)* |   |
|----------------------------------------------------------------------------------------|--------|
| **Notes                to Interim Financial Statements**                               |   |
| **For                the Nine Months Ended Sep 30, 2006**                              |   |
| *Prepared                by management*                                                |   |
| *US                Funds*                                                              |   |

**1.            **
**Organization      and Going Concern**

**2.             **
**Significant      Accounting Policies**

**Basis      of Presentation**

**Foreign      Currency Translation**

| i)   | Monetary                assets and liabilities at the rate of exchange in effect at the balance                sheet date, |
|----------------|----------------------------------------------------------------------------------------------------------------------------|

|   | iii) | Revenue                and expense items at the average rate of exchange prevailing during                the                period. |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------|

----

| **Service                Air Group, Inc.***(Development                Stage Company)* |   |
|----------------------------------------------------------------------------------------|--------|
| **Notes                to Interim Financial Statements**                               |   |
| **For                the Nine Months Ended Sep 30, 2006**                              |   |
| *Prepared                by management*                                                |   |
| *US                Funds*                                                              |   |

**2.             **
**Significant      Accounting Policies **
*-      Continued*

**Use      of Estimates and Assumptions**

**Cash      and Cash Equivalent**

**Property      and equipment**

**Capital      Stock**

**Loss      per Share**

**3.             **
**Financial      Instruments**

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| **Service                Air Group, Inc.***(Development                Stage Company)* |   |
|----------------------------------------------------------------------------------------|--------|
| **Notes                to Interim Financial Statements**                               |   |
| **For                the Nine Months Ended Sep 30, 2006**                              |   |
| *Prepared                by management*                                                |   |
| *US                Funds*                                                              |   |

**4.            **
**Equipment**

|                              |   | **Sep                30, 2006** |   | December                31, 2005        |
|-----------------------------------|--------|---------------------------------|--------|-----------------------------------------|
|                              |   | Cost                            |   | Accumulated                Depreciation |   | Net |   | Cost |   | Accumulated                Depreciation |   | Net |
| Computer                Equipment | $      | **1,158**                       | **$**  | **395**                                 | **$** | **763** | $ | 1,158 | $ | 174 | $ | 984 |

**5.            **
**Capital      Stock**

**6.             **
**Related      Party Transactions**

**7.             **
**Investments**

----

**Item      2. **
**Management’s      Discussion and Analysis of Financial Conditions and Results of      Operations**

**Plan      of Operation**

**Results      of Operation**

**Liquidity      and Capital Resources**

** **

**Item      3.**
**Controls      and Procedures**

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**PART      II - OTHER INFORMATION**

**SIGNATURES**

|   |                                 | **SERVICE                AIR GROUP, INC.**          |
|--------|--------------------------------------|-----------------------------------------------------|
|   |                                 |                                                |
| Date:  | November                29, 2006     | /s/                *Mohammad                Sultan* |
|   | Mohammad                Sultan       |                                                |
|   | CEO,                CFO and Director |                                                |