**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 March 31, 2007**




**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.)




7164-120th
      Street, Surrey, BC, Canada V3W 3M8


(Address
      of Principal Executive Offices)




**(604)
      722-2147**


(Issuer’s
      telephone number)




**SEGWAY
      V CORP.**


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


(Former
      name, address and fiscal year, if changed since last report)




Check
      whether the issuer (1) has filed all reports required to be filed by Section
      13
      or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter
      period that the issuer was required to file such reports), and (2)has been
      subject to such filing requirements for the past 90 days.
      Yes |_| No |_|




APPLICABLE
      ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE
      YEARS:




Check
      whether the registrant has filed all documents and reports required to be filed
      by Sections 12, 13, or 15(d) of the Exchange Act subsequent to the distribution
      of securities under a plan confirmed by a court.


Yes|_|
      No
      |_|




State
      the
      number of shares outstanding of each of the issuer’s classes of common equity,
      as of March 31, 2007: 5,482,400 shares of common stock.













**TABLE
      OF CONTENTS**




**PART
      I-- FINANCIAL INFORMATION**









Item
                1.
            Financial
                StatementsItem
                2.
            Management’s
                Discussion and Analysis of Financial ConditionItem
                3.
            Control
                and Procedures




**PART
      II-- OTHER INFORMATION**




Item
                1.
            Legal
                ProceedingsItem
                2.
            Changes
                in SecuritiesItem
                3.
            Defaults
                Upon Senior SecuritiesItem
                4.
            Submission
                of Matters to a Vote of Security HoldersItem
                5.
            Other
                InformationItem
                6.
            Exhibits
                and Reports on Form 8-K






**SIGNATURE**




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






BASIS
      OF
      PRESENTATION




The
      accompanying financial statements are presented in accordance with generally
      accepted accounting principles for interim financial information and the
      instructions to Form 10-QSB and item 310 under subpart A of Regulation S-B.
      Accordingly, they do not include all of the information and footnotes required
      by generally accepted accounting principles for complete financial statements.
      In the opinion of management, all adjustments (consisting only of normal
      occurring accruals) considered necessary in order to make the financial
      statements not misleading, have been included. Operating results for the three
      months ended March 31, 2007 are not necessarily indicative of results that
      may
      be expected for the period ending on June 30, 2007. The financial statements
      are
      presented on the accrual basis.








2







**MOORE
      & ASSOCIATES, CHARTERED**


****** ***ACCOUNTANTS
      AND ADVISORS***


***PCAOB
      REGISTERED***








**Report
      of Independent Registered Public Accounting Firm**





**To
      the Board of Directors**


Service
      Air Group Inc.





We
      have
      reviewed the accompanying balance sheet of Service
      Air Group Inc. as
      of
      March 31, 2007, and the related statements of operations, retained earnings,
      and
      cash flows for the three months then ended, in accordance with the standards
      of
      the Public Company Accounting Oversight Board (United States). All information
      included in these financial statements is the representation of the management
      of Service
      Air Group Inc.





A
      review
      consists principally of inquiries of company personnel and analytical procedures
      applied to financial data. It is substantially less in scope than an audit
      in
      accordance with generally accepted auditing standards, the objective of which
      is
      the expression of an opinion regarding the financial statements taken as a
      whole. Accordingly, we do not express such an opinion.





Based
      on
      our review, we are not aware of any material modifications that should be made
      to the financial statements in order for them to be in conformity with generally
      accepted accounting principles.





The
      accompanying financial statements have been prepared assuming that the company
      will continue as a going concern. The financial statements do not include any
      adjustments that might result from any uncertainty.








***/s/
      Moore & Associates, Chartered***








Moore
      & Associates, Chartered


Las
      Vegas, Nevada


May
      14,
      2007









***2675
      S. JONES BLVD. SUITE 109, LAS VEGAS, NEVADA 89146 (702) 253-7511 Fax:
      (702)253-7501***













3







**SERVICE
      AIR GROUP, INC.**


(A
      Development Stage Company)





**INTERIM
      FINANCIAL STATEMENTS**





**FOR
      THREE MONTHS ENDED MARCH 31, 2007**





Stated
      in
      US Dollars





Prepared
      by Management











4





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











**ASSETS**
            
            **Mar,
                2007**
            
            Dec,
                2006**Current**Interest
                Receivable
            
            **$**
            **9,816**
            
            
            6,405**Long
                - Term**Property
                and Equipment ( Note 4 )
            
            **$**
            **614**
            
            $
            688Note
                Receivables ( Note 7 )
            
            
            **227,400**
            
            
            227,400**237,830**
            
            
            234,493**LIABILITIES****Current******Accounts
                Payable and Liabilities
            
            **$**
            **12,216**
            
            $
            11,403**Long-
                Term**Due
                to Shareholders ( Note 6 )
            
            
            **57,635**
            
            
            50,923**69,851**
            
            
            62,330**Stockholders’
                Deficit**(
                Note 5 )Preferred
                stock, $0.0001 par value, 20,000,000 sharesIssued
                and Outstanding are noneCommon
                stock, $0.0001 par value, 100,000,000 sharesIssued
                and outstanding5,482,400
                shares of common stock
            
            
            **548**
            
            
            548Additional
                paid in capital
            
            
            **232,802**
            
            
            232,802Deficit
                ( Statement 2)
            
            
            **(65,371**
            )
            
            (61,187
            )**167,979**
            
            
            172,163**$**
            **237,830**
            
            $
            234,493




ON
      BEHALF
      OF THE BOARD:





*/s/Mohammad
      Sultan*  ,
      Director





,
      Director




The
      accompanying notes are an integral part of these financial
      statements.






5





**Service
                Air Group, Inc.**
              *(Development
                Stage Company)*
            Statement
                2**Interim
                Statement of Loss****For
                the Three Months Ended March 31,***Prepared
                by management**US
                Funds*








**2007**
            
            2006
            
            From
                Inception**Interest
                Revenue**
            
            **$**
            **9,816**
            
            
            
            
            $
            9,816**Expenditures**Automotive
            
            **$**
            **326**
            
            $
            5,177
            
            $
            22,622Depreciation
            
            
            **74**
            
            
            74
            
            
            544Filing
                and listing fees
            
            
            **3,798**
            
            
            471
            
            
            11,015Legal
                and professional
            
            
            **7,879**
            
            
            2,649
            
            
            39,070Transfer/Resident
                Agents
            
            
            **727**
            
            
            
            
            
            727Office
                Rent
            
            
            **96**
            
            
            
            
            
            96Website,
                Phone & Fax
            
            
            **305**
            
            
            
            
            
            305Miscellaneous
            
            
            **795**
            
            
            
            
            
            795**14,000**
            
            
            8,371
            
            
            81,593Net
                Loss for the period
            
            **$**
            **4,184**
            
            $
            (8,371
            )
            $
            (71,777
            )Net
                Loss per share - basic and diluted
            
            
            **0.00**
            
            
            (0.00
            )
            
            (0.01
            )Weighted
                average number of shares outstanding
            
            
            **5,482,400**
            
            
            5,250,000
            
            
            5,482,400











**Interim
                Statement of Deficit****For
                the Three Months Ended March 31,***Prepared
                by management**US
                Funds*








**2007**
            
            2006
            
            From
                Inception**Deficit
                - Beginning of Period**
            
            $
            (61,187
            )
            $
            (25,854
            )
            $
            -Net
                loss
            
            
            **4,184**
            
            
            (8,371
            )
            
            65,371**Deficit
                - End of Period**
            
            $
            (65,371
            )
            $
            (34,225
            )
            $
            65,371























The
      accompanying notes are an integral part of these financial
      statements.





6





**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
              
              TotalInception, March 30, 2000
              
              
              -
              
              $
              -
              
              $
              -
              
              $
              -
              
              $
              -Stock
                  issued for cash at $0.0001 per share
              
              
              5,000,000
              
              
              500
              
              
              -
              
              
              -
              
              
              500Stock
                  issued for cash at $0.001 per share
              
              
              250,000
              
              
              25
              
              
              225
              
              
              -
              
              
              250Development
                  stage net loss
              
              
              -
              
              
              -
              
              
              -
              
              
              (837
              )
              
              (837
              )Balance
                  December 31, 2000
              
              
              5,250,000
              
              $
              525
              
              $
              225
              
              $
              (837
              )
              $
              (87
              )Capital
                  contributed by shareholders
              
              
              -
              
              $
              -
              
              $
              124
              
              $
              -
              
              $
              124Development
                  stage net loss
              
              
              -
              
              
              -
              
              
              -
              
              
              (926
              )
              
              (926
              )Balance
                  December 31, 2001
              
              
              5,250,000
              
              $
              525
              
              $
              349
              
              $
              (1,763
              )
              $
              (889
              )Capital
                  contributed by shareholders
              
              
              -
              
              $
              -
              
              $
              76
              
              $
              -
              
              $
              76Development
                  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 $ 1.00
                Per
                  share
              
              
              232,400
              
              $
              23
              
              $
              232,377
              
              $
              -
              
              $
              $232,400Development
                  stage net loss
              
              
              -
              
              $
              -
              
              $
              -
              
              $
              (35,333
              )
              $
              (61,187
              )Balance
                  December 31, 2006
              
              
              5,482,400
              
              $
              548
              
              $
              232,802
              
              $
              (61,187
              )
              $
              171,213Development
                  stage net loss
              
              
              -
              
              $
              -
              
              $
              -
              
              $
              4,184
              
              $
              4,184Balance
                  March 31, 2007
              
              
              5,482,400
              
              $
              548
              
              $
              232,802
              
              $
              (65,371
              )
              $
              167,029




The
      accompanying notes are an integral part of these financial
      statements.








7







**Service
                Air Group, Inc.**
              *(Development
                Stage Company)*
            Statement
                4**Interim
                Statement of Cash Flows****For
                the Three Months Ended March 31,***Prepared
                by management**US
                Funds*







**2007**
              
              2006
              
              Inception
                  to
                2007**Cash
                  flows from operating activities**Net
                  loss for the period
              
              $
              (4,184
              )
              $
              (8,371
              )
              $
              (65,371
              )Changes
                  in working capital
              
              
              **-**
              
              
              -
              
              $
              3,451$
              (4,184
              )
              $
              (8,371
              )
              $
              (61,920
              )**Cash
                  flows from financing activities**Proceeds
                  from sale of Common stock
              
              $
              -
              
              $
              -
              
              $
              233,150Shareholder
                  capital contribution
              
              
              
              
              
              -
              
              
              200Advances
                  from shareholder
              
              $
              6,712
              
              $
              8,371
              
              $
              57,635**Cash
                  flows from investing activities**Purchase
                  of equipment
              
              $
              -
              
              $
              -
              
              $
              (1,158
              )Loan
                  to SAG Canada
              
              $
              -
              
              
              -
              
              $
              (227,400
              )**Increase
                  (Decrease) in Cash**
              
              
              **-**
              
              
              -
              
              
              -Cash
                  position - Beginning of year
              
              
              **-**
              
              
              -
              
              
              -**Cash
                  position - End of Year**
              
              $
              -
              
              $
              -
              
              $
              -











The
      accompanying notes are an integral part of these financial
      statements.








8


**Service
                Air Group, Inc.**
              *(Development
                Stage Company)***Notes
                to Interim Financial Statements****For
                the Three Months Ended March 31, 2007***Prepared
                by management**US
                Funds*




**1.      
      Organization and Going Concern**





Service
      Air Group, Inc. (“the Company”) was incorporated on March 31, 2000 in the State
      of New Jersey. The Company was incorporated under the name of Segway V Corp
      and
      on January 27, 2004 the Company changed its name to Service Air Group, Inc.
      The
      Company’s fiscal year end is December 31 with its initial period being from
      March 31, 2000 to December 31, 2000.





The
      Company is considered to be in the initial development stage and has incurred
      losses since inception. To date the Company has had no business operations
      and
      was organized for the purpose of creating a corporate vehicle to locate and
      acquire an operating business.





These
      financial statements have been prepared assuming that the Company will continue
      as a going concern, which contemplates, among other things, the realization
      of
      assets and satisfaction of liabilities in the normal course of business for
      the
      foreseeable future. As at March 31, 2007, the Company has a loss from operations
      of $4,184, an accumulated deficit of $65,371 and a working capital deficiency
      of
      $167,979. The Company intends to fund operations through equity financing
      agreements, which may be insufficient to fund its capital expenditures, working
      capital and other cash requirements for the next twelve months.





Thereafter,
      the Company will be required to seek additional funds, either through debt
      and/or equity financing, to finance its long-term operations. The successful
      outcome of future activities cannot be determined at this time, and there has
      been no assurance that, if achieved, the Company will have sufficient funds
      to
      execute its intended business plan or generate positive operating
      results.





These
      factors, among others, raise substantial doubt about the Company’s ability to
      continue as a going concern. These financial statements do not include any
      adjustments that might result from the outcome of this uncertainty.




**2.       
      Significant Accounting Policies**





a)   **Basis
      of Presentation**





These
      financial statements are presented in United States dollars and have been
      prepared in accordance with United States generally accepted accounting
      principles. Financial statements include all adjustments which in the opinion
      of
      the management are necessary in order to make the financial statements not
      misleading.





b)   **Foreign
      Currency Translation**





The
      Company’s functional and reporting currency is the U.S. dollar. All transactions
      initiated in other currencies are re-measured into the functional currency
      as
      follows:





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.




Gains
      and
      losses on re-measurement are included in determining net income for the
      period





9





**Service
                Air Group, Inc.**
              *(Development
                Stage Company)***Notes
                to Interim Financial Statements****For
                the Three Months Ended March 31, 2007***Prepared
                by management**US
                Funds*





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





c)   **Use
      of Estimates and Assumptions**





Preparation
      of the Company's financial statements in conformity with generally accepted
      accounting principles in the United States of America requires management to
      make estimates and assumptions that affect the reported amount of assets and
      liabilities and disclosure of contingent liabilities at the date of the
      financial statements and the reported amounts of revenues and expenses during
      the reporting period. Actual results could differ from those
      estimates.





d)   **Cash
      and Cash Equivalent**





The
      Company considers all liquid investments, with an original maturity of 90 days
      or less when purchased, to be cash equivalents.





e)   **Property
      and equipment**





Property
      and equipment are stated at cost. Depreciation is computed using the declining
      balance method over the estimated useful lives of the assets. Expenditures
      for
      repairs and maintenance are charged to expense as incurred, as are any items
      purchased which are below the Company's capitalization threshold of
      $1,000.





For
      assets sold or otherwise disposed of, the cost and related accumulated
      depreciation are removed from the accounts, and any related gain or loss is
      reflected in income for the period.





f)   **Capital
      Stock**





Capital
      stock issued for non-monetary consideration is recorded at an amount based
      on
      fair market value as determined by the board of directors.





g)   **Loss
      per Share**





Basic
      loss per share is computed by dividing income available to common shareholders
      by the weighted-average number of common shares outstanding during the year.
      The
      computation of diluted earnings per share assumes the conversion, exercise
      or
      contingent issuance of securities only when such conversion, exercise or
      issuance would have a dilutive effect on earnings per share.




**3.       
      Financial Instruments**





The
      carrying values of the Company’s financial instruments consisting of
      investments, due to shareholders are amounts materially approximate their
      respective fair values at each balance sheet date due to the immediate or
      short-term maturity of these instruments.








10





**Service
                Air Group, Inc.**
              *(Development
                Stage Company)***Notes
                to Interim Financial Statements****For
                the Three Months Ended March 31, 2007***Prepared
                by management**US
                Funds*




**4.      
      Equipment**





**March
                31, 2007**
            
            December
                31, 2006Cost
            
            Accumulated
                Depreciation
            
            Net
                Book Value
            
            Cost
            
            Accumulated
                Depreciation
            
            Net
                Book ValueComputer
                Equipment
            
            $
            1,158
            
            $
            544
            
            $
            614
            
            $
            1,158
            
            $
            470
            
            $
            688





**5.      
      Capital Stock**





a)   The
      Company's capitalization is 100,000,000 shares of common stock with a par value
      of $0.0001 per share and 20,000,000 shares of preferred stock with a par value
      of $0.0001 per share.





b)  The
      Company has 5,482,400 Common Shares issued and outstanding.





c)  The
      Company has not granted any stock options and has not recorded any stock-based
      compensation.








**6.       
      Related Party Transactions**





As
      of
      March 31, 2007, the Company had the following amounts owing to a director,
      officer and shareholder of the Company, the shareholder has agreed to defer
      payment indefinitely and there are no interest terms.





**December
                31, 2006**
            
            **March
                31, 2007**Mohammad
                Sultan
            
            $
            50,923
            
            $
            57,635**Total:**
            
            **$**
            **50,923**
            
            **$**
            **57,635**




The
      above
      transactions, occurring in the normal course of operations, are measured at
      the
      exchange amount, which is the amount or consideration established and agreed
      to
      by the related parties.




**7.       Note
      Receivables**





As
      of
      March 31, 2007 Company has a Note receivable issued by its former merger
      candidate Service Air Group Inc. based in British Columbia, Canada (“SAGCA”),
      face value of the note is $227,400, term of the note is 10-Years with 6%
      interest, payable quarterly and repayment at the end of the term. The Principal
      Sum and all accrued but unpaid Interest at the rate aforesaid will become due
      and payable on the 21 st day of
      November, 2016. Company has filed loan agreement on November 30, 2006 under
      10-qsb as an exhibit 10.2 for the period ended September 30, 2006.








11





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





The
      following discussion and analysis should be read in conjunction with our audited
      financial statements for the fiscal year ended December 31, 2006 and interim
      period ended March 31, 2007.





**Plan
      of Operation**


The
      registrant plans to operate in the lease and finance industry. A comprehensive
      business plan has been written and would be implemented by the management upon
      availability of the required funds.




**Results
      of Operation**


We
      did
      not have any operating income from inception (March 31, 2000) through December
      31, 2006. For the period ended March 31, 2007, we had a loss from operations
      of
      $4,184, as compare to $8,371 for the period ended March 31, 2006, an accumulated
      deficit of $65,371, as compare to $34,225 for the period ended March 31, 2006,
      and a working capital deficiency of $167,979 ,
      as
      compare to $33,275 for the period ended March 31, 2006. Some general and
      administrative expenses during the period ended March 31, 2007 were accrued
      comprised of costs mainly associated with legal, accounting, filings and
      transportation.




**Liquidity
      and Capital Resources**


As
      of
      March 31, 2007, we had closed private placement subscription agreements in
      the
      aggregated amount of $232,400, we have no other capital resources and will
      rely
      upon the issuance of common stock and loans from our major shareholder and
      CEO,
      Mr. Mohammad Sultan, who has been funding our administrative expenses since
      December 18, 2003, when he acquired 95% of the Company’s issued and outstanding
      stock at that time. As of March 31, 2007, Mr. Sultan had loaned $57,635 to
      the
      Company, see under shareholders loan in the financial statements of this report,
      this loan is interest-free of which repayment has been deferred indefinitely,
      there is no agreement with Mr. Sultan and he is not legally obligated to fund
      the Company, however, Mr. Sultan has indicated to fund Company’s operating
      expenses, pending income from our intended operations. At March 31, 2007, we
      held $237,830 in assets, comprising Interest Receivable, Property &
Equipment and Note Receivables. We are in the development stage and have
      incurred losses since inception and have no operating history. We are assuming
      that we will continue as a going concern, which contemplates, among other
      things, the realization of assets and satisfaction of liabilities in the normal
      course of business for the foreseeable future. The successful outcome of future
      activities cannot be determined at this time, and there has been no assurance
      that, if achieved, we will have sufficient funds to execute our intended
      business plan or generate positive operating results. These factors, among
      others, raise substantial doubt about our ability to continue as a going
      concern.




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





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




As
      required by Rule 13a-15 under the Securities Exchange Act of 1934, as of the
      end
      of the period covered by this annual report, being December 31, 2006, we have
      carried out an evaluation of the effectiveness of the design and operation
      of
      our company’s disclosure controls and procedures. This evaluation was carried
      out under the supervision and with the participation of our President (Principal
      Executive Officer) and Chief Financial Officer. Based upon that evaluation,
      our
      President (Principal Executive Officer) and Chief Financial Officer concluded
      that our company’s disclosure controls and procedures are effective as at the
      end of the period covered by this report. There have been no changes in our
      internal controls over financial reporting that occurred during the period
      covered by this report that have materially affected, or are reasonably likely
      to materially affect our internal controls over financial
      reporting.





Disclosure
      controls and procedures and other procedures that are designed to ensure that
      information required to be disclosed in our reports filed or submitted under
      the
      Securities Exchange Act of 1934 is recorded, processed, summarized and reported,
      within the time period specified in the Securities and Exchange Commission’s
      rules and forms. Disclosure controls and procedures include, without limitation,
      controls and procedures designed to ensure that information required to be
      disclosed in our reports filed under the Securities Exchange Act of 1934 is
      accumulated and communicated to management including our President, Chief
      Executive Officer, Secretary and Treasurer **** as
      appropriate, to allow timely decisions regarding required
      disclosure.





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




For
      the
      period ended at March 31, 2007, our Certifying Officer has indicated that there
      were no significant changes in our internal controls or other factors that
      could
      significantly affect such controls subsequent to the date of his evaluation,
      and
      there were no such control actions with regard to significant deficiencies
      and
      material weaknesses.







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**PART
      II - OTHER INFORMATION**





**Item
      1.**   **Legal
      Proceedings**




None




**Item
      2.**   **Changes
      in Securities.**




None





**Item
      3.**   **Defaults
      Upon Senior Securities.**




None




**Item
      4.**   **Submission
      of Matters to a Vote of Security Holders.**




None




**Item
      5.**   **Other
      Information.**





On
      November 29, 2006, we entered into a consulting agreement with Mr. Karl Dhillon
      (Mr. Karl Dhillon is related to Mr. Jag Dhillon, President & CEO of “SAGCA”)
      to serve the Company as an executive officer in the capacity of Chief Financial
      Officer under a 10-year term starting from December 01, 2006 and ending on
      November 30, 2016, services were to be rendered for an aggregated number of
      960,000, restricted shares of the Company, 8,000 shares per month in
      compensation, pursuant to the terms and conditions of the respective consulting
      agreement. On November 29, 2006, we also entered into a consulting agreement
      with Mr. Mahmood Mawji to serve the Company as an executive officer in the
      capacity of Vice-President, under a 10-year term starting from December 01,
      2006
      and ending on November 30, 2016, services were to be rendered for an aggregated
      number of 960,000, restricted shares of the Company, 8,000 shares per month
      in
      compensation, pursuant to the terms and conditions of the respective consulting
      agreement, with first installment was to be issued on January 01, 2007. As
      of
      March 31, 2007, both officers had not rendered any services to the Company
      and
      been non-responsive to Company’s requests to provide the contractual services,
      therefore, Company had no option but to consider the early termination of the
      aforementioned consulting agreements, Company has filed an 8-K on April 13,
      2007
      to report early termination of a Material Definitive Agreement and Departure
      of
      Directors or Principal Officers.





**Item
      6.**   **Exhibits
      and Reports of Form 8-K.**





(a)   Exhibits





33.1
      Certification pursuant to Section 302 of Sarbanes Oxley Act of 2002





33.2
      Certification pursuant to Section 906 of Sarbanes Oxley Act of
      2002




(b)   Reports
      of Form 8-K





-none-




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**SIGNATURES**




In
      accordance with the requirements of the Exchange Act, the registrant caused
      this
      report to be signed on its behalf by the undersigned, thereunto duly
      authorized.


**SERVICE
                AIR GROUP, INC.**Date:
            May
                14, 2007
            /s/*Mohammad
                Sultan*Mohammad
                SultanCEO,
                CFO and Director






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