SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                               ------------------

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) of the
                         SECURITIES EXCHANGE ACT OF 1934

                                 March 17, 2006

                          ELITE FLIGHT SOLUTIONS, INC.
                          ----------------------------
               (Exact Name of Registrant as Specified in Charter)

          Delaware                   001-31231                   26-0003788
          --------                   ---------                   ----------
(State or other jurisdiction        (Commission                 (IRS Employer
      of incorporation)            File Number)              Identification No.)

  710 Third Street, Suite 200, Roanoke, Virginia                   24061
  ----------------------------------------------                   -----
     (Address of principal executive offices)                    (Zip code)

                  (540) 345-3358
                  --------------
Registrant's telephone number, including area code:

                                 Not Applicable
                                 --------------
          (Former Name or Former Address, If Changed Since Last Report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

|_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13e-4(c))

<PAGE>

ITEM 2.01. COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.

      On or about  March 17,  2006,  the Board of  Directors  (the  "Board")  of
American Air Network Alaska,  Inc. (the "Company"),  a Nevada  corporation and a
majority-owned   subsidiary  of  Elite  Flight   Solutions,   Inc.,  a  Delaware
corporation (the "Registrant"),  confirmed its belief that the Company,  without
the Board's and/or Registrant's prior knowledge,  consent or authority,  entered
into an  Assignment  and  Assumption  of Air  Ambulance  Services  Agreement and
Consent (the  "Assignment"),  effective July 29, 2005, by and among the Company,
Security   Aviation,   Inc.,  an  Alaska   corporation   (the   "Assignee")  and
Yukon-Kuskokwim  Health Corporation  ("YKHC").  Pursuant to the Assignment,  the
Company assigned to Assignee,  and Assignee assumed from the Company, all of the
Company's obligations, duties, rights and benefits and agreed to be bound by all
the terms  and  conditions  set forth in that  certain  Air  Ambulance  Services
Agreement  (the  "Contract"),  originally  dated July 30,  2003,  by and between
American Air Network, Inc. ("AAN") and YKHC (such Contract subsequently had been
assigned by AAN to the Company  effective as of July 30, 2003).  The Contract is
silent as to  consideration.  On July 29,  2005, a deposit in an amount equal to
One Million  Dollars  ($1,000,000)  (the  "Deposit")  reportedly was made to the
Company.  According  to legal  counsel for Doug  Gilliland,  General  Operations
Manager of the Company,  said Deposit was consideration for the Assignment,  and
it apparently was used, without the knowledge, consent or authority of the Board
or  Registrant  to pay off certain  expenses.  The  Contract  was the  Company's
primary asset,  having an estimated value  exceeding a remaining  balance of Ten
Million Dollars ($10,000,000).  The Registrant and the Company's Board currently
are working together and investigating  the actions of the Company's  management
and the events  surrounding the Assignment,  including the current status of the
Deposit.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

         (a) Not applicable.

         (b) Not applicable.

         (c) Exhibits No. Description

<TABLE>
<CAPTION>
Exhibit         Description                                                               Location
-------         -----------                                                               --------
<S>             <C>                                                                       <C>
Exhibit 99.1    Assignment  and Assumption of Air Ambulance  Services  Agreement and      Provided herewith
                Consent,  effective  July  29,  2005,  by  and  among  the  Company,
                Security Aviation, Inc. and Yukon-Kuskokwim Health Corporation
Exhibit 99.2    Assignment and Assumption of Air Ambulance Services Agreement,            Provided herewith
                effective July 30, 2003, by and among American Air Network, Inc.,
                the Company and Yukon-Kuskokwim Health Corporation
Exhibit 99.3    Air Ambulance Services Agreement, dated July 30, 2003, by and             Provided herewith
                between American Air Network, Inc. and Yukon-Kuskokwim Health
                Corporation
</TABLE>

                                       2
<PAGE>

                                   SIGNATURES

      Pursuant to the  requirements  of the Securities  Exchange Act of 1934, as
amended,  the  Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

Date: March 22, 2006                            ELITE FLIGHT SOLUTIONS, INC.

                                                By:    /s/ Bruce Edwards
                                                       -----------------
                                                Name:  Bruce Edwards
                                                Title: Chief Executive Officer

                                       3
{"company-data": {"conformed-name": "ELITE FLIGHT SOLUTIONS INC", "cik": "0001161723", "assigned-sic": "4522", "irs-number": "260003788", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-31231", "film-number": "06703160"}, "business-address": {"street1": "8191 N. TAMIAMI TRAIL", "street2": "SUITE B-2", "city": "SARASOTA", "state": "FL", "zip": "34343", "phone": "941-343-9966"}, "mail-address": {"street1": "8191 N. TAMIAMI TRAIL", "street2": "SUITE B-2", "city": "SARASOTA", "state": "FL", "zip": "34343"}, "former-company": {"former-conformed-name": "CARCORP USA CORP", "date-changed": "20011031"}}
SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                               ------------------

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) of the
                         SECURITIES EXCHANGE ACT OF 1934

                                 March 17, 2006

                          ELITE FLIGHT SOLUTIONS, INC.
                          ----------------------------
               (Exact Name of Registrant as Specified in Charter)

          Delaware                   001-31231                   26-0003788
          --------                   ---------                   ----------
(State or other jurisdiction        (Commission                 (IRS Employer
      of incorporation)            File Number)              Identification No.)

  710 Third Street, Suite 200, Roanoke, Virginia                   24061
  ----------------------------------------------                   -----
     (Address of principal executive offices)                    (Zip code)

                  (540) 345-3358
                  --------------
Registrant's telephone number, including area code:

                                 Not Applicable
                                 --------------
          (Former Name or Former Address, If Changed Since Last Report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

|_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13e-4(c))
ITEM 2.01. COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.

      On or about  March 17,  2006,  the Board of  Directors  (the  "Board")  of
American Air Network Alaska,  Inc. (the "Company"),  a Nevada  corporation and a
majority-owned   subsidiary  of  Elite  Flight   Solutions,   Inc.,  a  Delaware
corporation (the "Registrant"),  confirmed its belief that the Company,  without
the Board's and/or Registrant's prior knowledge,  consent or authority,  entered
into an  Assignment  and  Assumption  of Air  Ambulance  Services  Agreement and
Consent (the  "Assignment"),  effective July 29, 2005, by and among the Company,
Security   Aviation,   Inc.,  an  Alaska   corporation   (the   "Assignee")  and
Yukon-Kuskokwim  Health Corporation  ("YKHC").  Pursuant to the Assignment,  the
Company assigned to Assignee,  and Assignee assumed from the Company, all of the
Company's obligations, duties, rights and benefits and agreed to be bound by all
the terms  and  conditions  set forth in that  certain  Air  Ambulance  Services
Agreement  (the  "Contract"),  originally  dated July 30,  2003,  by and between
American Air Network, Inc. ("AAN") and YKHC (such Contract subsequently had been
assigned by AAN to the Company  effective as of July 30, 2003).  The Contract is
silent as to  consideration.  On July 29,  2005, a deposit in an amount equal to
One Million  Dollars  ($1,000,000)  (the  "Deposit")  reportedly was made to the
Company.  According  to legal  counsel for Doug  Gilliland,  General  Operations
Manager of the Company,  said Deposit was consideration for the Assignment,  and
it apparently was used, without the knowledge, consent or authority of the Board
or  Registrant  to pay off certain  expenses.  The  Contract  was the  Company's
primary asset,  having an estimated value  exceeding a remaining  balance of Ten
Million Dollars ($10,000,000).  The Registrant and the Company's Board currently
are working together and investigating  the actions of the Company's  management
and the events  surrounding the Assignment,  including the current status of the
Deposit.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

         (a) Not applicable.

         (b) Not applicable.

         (c) Exhibits No. Description
Exhibit         Description                                                               Location
-------         -----------                                                               --------
Exhibit 99.1    Assignment  and Assumption of Air Ambulance  Services  Agreement and      Provided herewith
                Consent,  effective  July  29,  2005,  by  and  among  the  Company,
                Security Aviation, Inc. and Yukon-Kuskokwim Health Corporation
Exhibit 99.2    Assignment and Assumption of Air Ambulance Services Agreement,            Provided herewith
                effective July 30, 2003, by and among American Air Network, Inc.,
                the Company and Yukon-Kuskokwim Health Corporation
Exhibit 99.3    Air Ambulance Services Agreement, dated July 30, 2003, by and             Provided herewith
                between American Air Network, Inc. and Yukon-Kuskokwim Health
                Corporation
2
SIGNATURES

      Pursuant to the  requirements  of the Securities  Exchange Act of 1934, as
amended,  the  Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

Date: March 22, 2006                            ELITE FLIGHT SOLUTIONS, INC.

                                                By:    /s/ Bruce Edwards
                                                       -----------------
                                                Name:  Bruce Edwards
                                                Title: Chief Executive Officer

                                       3