----

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

**Washington,      D.C. 20549**

**________________________________**

**FORM        10-QSB/A1**

**________________________________**

| **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 of incorporation 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****(Restated)** |        | Dec,                  2005 |   |
|-----------------------------------------------------------------------------|--------|----------------------------------------------|-------------|----------------------------|--------|
| **Current**                                                                 |   |                                         |        |                       |   |
| Interest                  Receivable                                        |   | $                                            | **3,033**   |                       |   | 0 |   |
|                                                                        |   |                                         | **0**       |                       |   | 0 |   |
| **Long                  - Term**                                            |   |                                         |        |                       |   |   |   |
| Property                  and Equipment ( Note 4 )                          |   | $                                            | **763**     |                       | $      | 984 |   |
| Note                    Receivables  ( Note 7 )                        |   |                                         | **219,400** |                       |   | 0 |   |
|                                                                        |   |                                         | **223,196** |                       |   | 984 |   |
|                                                                        |   |                                         |        |                       |   |   |   |
| **LIABILITIES**                                                        |   |                                         |        |                       |   |   |   |
| **Current**                                                                 |   |                                         |        |                       |   |   |   |
| ** **Accounts                  Payable and Liabilities                 |   | $                                            | **9,993**   |                       | $      | 0 |   |
|                                                                        |   |                                         | **9,993**   |                       |   | 0 |   |
|                                                                        |   |                                         |        |                       |   |   |   |
| **Long-                  Term**                                             |   |                                         |        |                       |   |   |   |
| 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 |   |

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| **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****(Restated)** |          | 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        |   |                   | (0.00         | )      |   | (0.00                             | )      |   | (0.01 | ) |
| Weighted                    average number of shares outstanding |   |                   | **5,469,400** |   |   | **5,250,000**                     |   |   | **5,469,400** |   |

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

|                                               |   | **2006****(Restated)** |        | 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 | ) |

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| **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  **(Restated)**                 |   |                                                                                                                                                                                                                                                                                                                          | 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****Restated** |        | 2005   |   | Inception                    to2006 |   |
|---------------------------------------------------------------|--------|----------------------|-------------|--------|--------|-------------------------------------|--------|
| **Cash                    flows from operating activities**   |   |                 |        |   |   |                                |   |
| Net                    loss for the period                    |   | $                    | **(32,514** | )      | $      | (400                                | )      | $ | (25,855 | ) |
| Depreciation                    and Amortization              |   | $                    | **221**     |   | $      | 174                                 |   | $ | 395 |   |
| Changes                    in working capital                 |   |                 | **6,960**   |   |   | -                                   |   |   | 3,451 |   |
|                                                          |   |                 | **(25,333** | )      |   | (400                                | )      |   | (22,404 | ) |
|                                                          |   |                 |             |   |   |                                     |   |   |  |   |
| **Cash                    flows from financing activities**   |   |                 |             |   |   |                                     |   |   |  |   |
| Proceeds                    from sale of Common stock         |   | $                    | **219,400** |   | $      | -                                   |   | $ | 220,150 |   |
| Shareholder                    capital contribution           |   |                 | **-**       |   |   | -                                   |   |   | 200 |   |
| Advances                    from SAG Canada                   |   |                 |        |   |   | 10,638                              |   |   | 10,638 |   |
| Advances                    from Shareholder                  |   |                 | **35,971**  |   |   | 15,250                              |   |   | 51,221 |   |
|                                                          |   |                 |             |   |   |                                     |   |   |  |   |
| **Cash                    flows from investing activities**   |   |                 |             |   |   |                                     |   |   |  |   |
| Purchase                    of Equipment                      |   |                 |             |   | $      | (1,158                              | )      | $ | (1,158 | ) |
| Advance                    to Service Air Group Inc. (Canada) |   | $**$**               | **219,400** |   |   | -                                   |   | $$ | 219,400 |   |
| **Increase                    (Decrease) in Cash**            |   |                 | **-**       |   |   | -                                   |   |   | - |   |
| Cash                    position - Beginning of period        |   |                 | **-**       |   |   | -                                   |   |   | - |   |
| **Cash                    position - End of Period**          |   | $                    | -           |   | $      | -                                   |   | $ | - |   |

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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*                                                              |   |

**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, |
|----------------|----------------------------------------------------------------------------------------------------------------------------|

| ii)   | Non-monetary                  assets and liabilities, and equity at historical rates,                  and |
|-----------------|------------------------------------------------------------------------------------------------------------|

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

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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*                                                              |   |

**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**

|                                                       |   | **December                    31, 2005** |       | **September                    30, 2006** |   |
|------------------------------------------------------------|--------|------------------------------------------|------------|-------------------------------------------|--------|
|     Mohammad                    Sultan |   | $                                        | 25,888     |                                      | $      | 51,221 |   |
| **    Total:**                         |   | **$**                                    | **25,888** |                                      | **$**  | **51,221** |   |

**7.               **
****Note        Receivables****

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**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:  | May                  30, 2007          | /s/                  *Mohammad                  Sultan* |
|   | Mohammad                  Sultan       |                                                    |
|   | CEO,                  CFO and Director |                                                    |