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

**Washington,      D.C. 20549**

**________________________________**

**FORM        10-QSB/A2**

**________________________________**

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

**For      the quarterly period ended March 31, 2005**

| 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.) |

**5455      Airport Road South, Richmond, B.C. Canada V7B 1B5**

**(604)      233-7727**

**SEGWAY      V CORP.**

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

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**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.**

**(a      development stage company)**

**INTERIM      FINANCIAL STATEMENTS**

**MARCH      31, 2005**

| RESTATED                  BALANCE SHEET | F-1 |
|-----------------------------------------|-----|

| RESTATED                  INTERIM STATEMENTS OF OPERATIONS | F-2 |
|------------------------------------------------------------|-----|

| RESTATED                  STATEMENT OF STOCKHOLDERS’ EQUITY | F-3 |
|-------------------------------------------------------------------|-----|

| RESTATED                  INTERIM STATEMENTS OF CASH FLOWS | F-4 |
|------------------------------------------------------------|-----|

| NOTES                  TO RESTATED INTERIM FINANCIAL STATEMENTS | F-5 |
|-----------------------------------------------------------------|-----|

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**SERVICE      AIR GROUP, INC.**

**BALANCE      SHEET**

**As      of March 31, 2005 and December 31, 2004**

**ASSETS**

| CURRENT                    ASSETS                                                     |   | **March                    31, 2005****(Restated)** |                   | **December                    31, 2004** |   |
|---------------------------------------------------------------------------------------|--------|-----------------------------------------------------|------------------------|------------------------------------------|--------|
| Cash                                                                                  |   | $                                                   | -                    - |                                     | $      | -- |   |
|                                                                                  |   |                                                |                        |                                     |   |  |   |
|                                                                                  |   |                                                |                        |                                     |   |  |   |
| **LIABILITIES                    AND STOCKHOLDERS’ EQUITY**                     |
|                                                                                  |   |                                                |                        |                                     |   |  |   |
| CURRENT                    LIABILITIES                                                |   |                                                |                        |                                     |   |  |   |
| Accounts                    payable and accrued liabilities                           |   | $                                                   | 11,406                 |                                     | $      | 11,006 |   |
|                                                                                  |   |                                                |                        |                                     |   |  |   |
| STOCKHOLDERS’                    EQUITY (CAPITAL                    DEFICIENCY) |   |                                                |                        |                                     |   |  |   |
| Capital                    stock (Note 4)                                             |   |                                                |                        |                                     |   |  |   |
| 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 5,250,000 and                           |   |                                                |                        |                                     |   |  |   |
| 5,250,000                    shares of common stock,                                  |   |                                                |                        |                                     |   |  |   |
| Respectively                                                                          |   |                                                | 525                    |                                     |   | 525 |   |
| Additional                    paid in capital                                         |   |                                                | 425                    |                                     |   | 425 |   |
| Deficit                    accumulated during development                             |   |                                                |                        |                                     |   |  |   |
| Stage                                                                                 |   |                                                | (12,356                | )                                        |   | (11,956 | ) |
|                                                                                  |   |                                                |                        |                                     |   |  |   |
|                                                                                  |   |                                                | (11,406                | )                                        |   | (11,006 | ) |
|                                                                                  |   |                                                |                        |                                     |   |  |   |
|                                                                                  |   | $                                                   | --                     |                                     | $      | -- |   |

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**SERVICE      AIR GROUP, INC.**

**(a      development stage company)**

**STATEMENT      OF OPERATIONS**

**For      the three months ended March 31, 2005 and 2004, and**

**from      inception (March 31, 2000) through March 31, 2005**

|                                                   |   |  **Three                    Months Ended**    |      |  **Three                    Months Ended** |   |  **From                    Inception** |   |
|--------------------------------------------------------|--------|----------------------------------------------------|-----------|-------------------------------------------------|--------|---------------------------------------------|--------|
|                                                   |   | **Mar.                    31, 2005****(Restated)** |      | **Mar.                    31, 2004**            |   | **To                    Mar. 31, 2005**     |   |
|                                                   |   |                                               |      |                                            |   |                                        |   |
| GENERAL                    AND ADMINISTRATIVE EXPENSES |   |                                               |      |                                            |   |                                        |   |
| Office                    and general                  |   | $                                                  | 400       |                                            | $      | 250                                         |   | $ | 12,356 |   |
|                                                   |   |                                               |           |                                            |   |                                             |   |   |  |   |
| NET                    LOSS FOR THE PERIOD             |   | $                                                  | (400      | )                                               | $      | (250                                        | )      | $ | (12,356 | ) |
|                                                   |   |                                               |           |                                            |   |                                             |   |   |  |   |
| BASIS                    NET LOSS PER SHARE            |   | $                                                  | (0.00     | )                                               | $      | (0.00                                       | )      |   |  |   |
|                                                   |   |                                               |           |                                            |   |                                             |   |   |  |   |
| WEIGHTED                    AVERAGE                    |   |                                               |           |                                            |   |                                             |   |   |  |   |
| COMMON                    SHARES OUTSTANDING           |   |                                               | 5,250,000 |                                            |   | 5,250,000                                   |   |   |  |   |
|                                                   |   |                                               |           |                                            |   |                                             |   |   |  |   |

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**SERVICE      AIR GROUP, INC.**

**(a      development stage company)**

**STATEMENT      OF STOCKHOLDERS’ EQUITY**

**FOR      THE PERIOD FROM MARCH 31, 2000 (INCEPTION) TO MARCH 31,      2005**

|                                                                 |   | Common                    Stock     |      |   |   |                                        |   |                                                         |   |
|----------------------------------------------------------------------|--------|-------------------------------------|-----------|--------|--------|---------------------------------------------|--------|--------------------------------------------------------------|--------|
|                                                                 |   | Number                    of shares |      | Amount |   | AdditionalPaid                    inCapital |   | Deficit                    AccumulatedDuringDevelopmentStage |   | Stockholders’                    Equity(Capital                    Deficiency) |   |
|                                                                 |   |                                |      |   |   |                                        |   |                                                         |   |   |   |
| Common                    stock issued for cash at $0.0001 per share |   |                                | 5,000,000 |   | $      | 500                                         |   | $                                                            | -      |   | $ | - |   | $ | 500 |   |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Common                    stock issued for cash at $0.001 per share  |   |                                | 250,000   |   |   | 25                                          |   |                                                         | 225    |   |   | - |   |   | 250 |   |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Net                    loss for the period March 31, 2000            |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| (inception)                    to December 31, 2000                  |   |                                | -         |   |   | -                                           |   |                                                         | -      |   |   | (837 | ) |   | (837 | ) |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Balance,                    December 31, 2000                        |   |                                | 5,250,000 |   |   | 525                                         |   |                                                         | 225    |   |   | (837 | ) |   | (87 | ) |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Capital                    contributed by shareholders               |   |                                | -         |   |   | -                                           |   |                                                         | 124    |   |   | - |   |   | 124 |   |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Net                    loss for the year                             |   |                                | -         |   |   | -                                           |   |                                                         | -      |   |   | (926 | ) |   | (926 | ) |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Balance,                    December 31, 2001                        |   |                                | 5,250,000 |   |   | 525                                         |   |                                                         | 349    |   |   | (1,763 | ) |   | (889 | ) |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Capital                    contributed by shareholders               |   |                                | -         |   |   | -                                           |   |                                                         | 76     |   |   | - |   |   | 76 |   |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Net                    loss for the year                             |   |                                | -         |   |   | -                                           |   |                                                         | -      |   |   | (1,112 | ) |   | (1,112 | ) |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Balance,                    December 31, 2002                        |   |                                | 5,250,000 |   |   | 525                                         |   |                                                         | 425    |   |   | (2,875 | ) |   | (1,925 | ) |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Net                    loss for the year                             |   |                                | -         |   |   | -                                           |   |                                                         | -      |   |   | (1,525 | ) |   | (1,525 | ) |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Balance,                    December 31, 2003                        |   |                                | 5,250,000 |   |   | 525                                         |   |                                                         | 425    |   |   | (4,400 | ) |   | (3,450 | ) |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Net                    loss for the year                             |   |                                |           |   |   |                                             |   |                                                         |        |   |   | (7,556 | ) |   | (7,556 | ) |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Balance,                    December31, 2004                         |   |                                | 5,250,000 |   |   | 525                                         |   |                                                         | 425    |   |   | (11,956 | ) |   | (11,006 | ) |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Net                    loss for the period (Restated)                |   |                                |           |   |   |                                             |   |                                                         |        |   |   | (400 | ) |   | (400 | ) |
|                                                                 |   |                                |           |   |   |                                             |   |                                                         |        |   |   |  |   |   |  |   |
| Balance,                    March 31, 2005 (Restated)                |   |                                | 5,250,000 |   | $      | 525                                         |   | $                                                            | 425    |   | $ | (12,356 | ) | $ | (12,356 | ) |

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**SERVICE      AIR GROUP, INC.**

**(a      development stage company)**

**STATEMENTS      OF CASH FLOWS**

**For      the three months ended March 31, 2005 and 2004, and**

**from      inception (March 31, 2000) through March 31, 2005**

| CASH                    FLOWS FROM OPERATING ACTIVITIES           |   | **Mar.                    31, 2005****(Restated)** |   | **Mar.                    31, 2004** |   | **March                    31, 2000****(inception)                    to****March                    31, 2005** |   |
|-------------------------------------------------------------------|--------|----------------------------------------------------|--------|--------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------|--------|
|                                                              |   |                                               |   |                                 |   |                                                                                                            |   |
| Net                    loss for the period                        |   | $                                                  | (400   | )                                    | $      | (250                                                                                                            | )      | $ | (12,356 | ) |
| Adjusted                    for items not involving cash:         |   |                                               |        |                                 |   |                                                                                                                 |   |   |  |   |
| accounts                    payable                               |   |                                               | 400    |                                 |   | 250                                                                                                             |   |   | 11,406 |   |
|                                                              |   |                                               |        |                                 |   |                                                                                                                 |   |   |  |   |
| NET                    CASH USED IN OPERATING ACTIVITIES          |   |                                               | -      |                                 |   | -                                                                                                               |   |   | - |   |
|                                                              |   |                                               |        |                                 |   |                                                                                                                 |   |   |  |   |
| CASH                    FLOWS FROM FINANCING ACTIVITIES           |   |                                               |        |                                 |   |                                                                                                                 |   |   |  |   |
|                                                              |   |                                               |        |                                 |   |                                                                                                                 |   |   |  |   |
| Bank                    overdraft                                 |   |                                               | -      |                                 |   | -                                                                                                               |   |   | - |   |
| Proceeds                    on sale of common stock               |   |                                               | -      |                                 |   | -                                                                                                               |   |   | 750 |   |
| Shareholder                    capital contributions              |   |                                               | -      |                                 |   | -                                                                                                               |   |   | 200 |   |
|                                                              |   |                                               |        |                                 |   |                                                                                                                 |   |   |  |   |
| NET                    CASH FLOWS FROM FINANCING ACTIVITIES  |   |                                               | -      |                                 |   | -                                                                                                               |   |   | 950 |   |
|                                                              |   |                                               |        |                                 |   |                                                                                                                 |   |   |  |   |
| INCREASE                    (DECREASE IN CASH)                    |   |                                               | -      |                                 |   | -                                                                                                               |   |   | - |   |
|                                                              |   |                                               |        |                                 |   |                                                                                                                 |   |   |  |   |
| CASH                    BEGINNING OF PERIOD                  |   |                                               | -      |                                 |   | -                                                                                                               |   |   | - |   |
|                                                              |   |                                               |        |                                 |   |                                                                                                                 |   |   |  |   |
| CASH                    END OF PERIOD                        |   | $                                                  | -      |                                 | $      | -                                                                                                               |   | $ | - |   |
|                                                              |   |                                               |        |                                 |   |                                                                                                                 |   |   |  |   |

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**SEVICE      AIR GROUP, INC.**

**(a      development stage company)**

**NOTES      TO THE FINANCIAL STATEMENTS**

**MARCH      31, 2005**

**NOTE          1 - RESTATEMENT**

**NOTE        2 - NATURE OF OPERATIONS AND BASIS OF        PRESENTATION**

**NOTE        3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

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**SEVICE      AIR GROUP, INC.**

**(a      development stage company)**

**NOTES      TO THE FINANCIAL STATEMENTS**

**MARCH      31, 2005**

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**SERVICE      AIR GROUP, INC.**

**NOTES      TO THE FINANCIAL STATEMENTS**

**MARCH      31, 2005**

**NOTE        3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES        (continued)**

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**SERVICE      AIR GROUP, INC.**

**NOTES      TO THE FINANCIAL STATEMENTS**

**MARCH      31, 2005**

**NOTE        4 - CAPITAL STOCK**

**NOTE        5 - INCOME TAXES**

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

**Item      3. Controls and Procedures**

*(a)    *Evaluation        of disclosure controls and procedures*.*

*(b)    *Changes        in internal controls.**

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**PART      II - OTHER INFORMATION**

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**SIGNATURES**

| **SERVICE                AIR GROUP, INC.** |
|--------------------------------------------|

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