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Sunday, October 12, 2014 12:37:08 PM
BLTA Shareholders Meeting Summary: TableTops, Mini-Evac/Ditching, Proving Flights
Post # 26404 by The Lieutenant:
Here is the low down on last night's meeting:
The meeting started with Igor reading the letter from the FAA (which he had just received like less than 2 hours before) welcoming Baltia into Phase III. He thanked everyone for their support.
The caterers were there providing samples of the inflight food, and it was absolutely amazing.
Tabletop exercises next week, mini evac and ditching exercise the week after, and proving flights have already been scheduled - although no one will release the dates.
And even though the tabletop and mini-evac/ditching are just 1 day events each, it is the huge amount of paperwork that stetches those things to last a whole week.
50% of proving flights will be domestic/ 50% internatinal, and visas for everyon have already been granted. Russia wants us. They didn't start this sanction BS, and they need the $s. LOL, Baltia will be flying to St Petersburg.
The Angel handling our certification for Baltia has done this at least 14 times in the past and is batting 100%. Can someone say, "Who helped certify Virgin Air?" LOL........you guessed it.
And as for pps? She laughed at 25 cents, and said something about "conservatively" a buck and a half 72 hours after certification.
WTF? 9 billion $ company 72 hours after certification?
LOL..........she said she had been doing this for over 40 years......and that she was guessing "conservatively."
CONSERVATIVELY!
Realistic projection of certification is about 8 weeks, conservatively about 12.
I can't wait to see what next week brings.......................
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107108033
BLTA
Post # 26404 by The Lieutenant:
Here is the low down on last night's meeting:
The meeting started with Igor reading the letter from the FAA (which he had just received like less than 2 hours before) welcoming Baltia into Phase III. He thanked everyone for their support.
The caterers were there providing samples of the inflight food, and it was absolutely amazing.
Tabletop exercises next week, mini evac and ditching exercise the week after, and proving flights have already been scheduled - although no one will release the dates.
And even though the tabletop and mini-evac/ditching are just 1 day events each, it is the huge amount of paperwork that stetches those things to last a whole week.
50% of proving flights will be domestic/ 50% internatinal, and visas for everyon have already been granted. Russia wants us. They didn't start this sanction BS, and they need the $s. LOL, Baltia will be flying to St Petersburg.
The Angel handling our certification for Baltia has done this at least 14 times in the past and is batting 100%. Can someone say, "Who helped certify Virgin Air?" LOL........you guessed it.
And as for pps? She laughed at 25 cents, and said something about "conservatively" a buck and a half 72 hours after certification.
WTF? 9 billion $ company 72 hours after certification?
LOL..........she said she had been doing this for over 40 years......and that she was guessing "conservatively."
CONSERVATIVELY!
Realistic projection of certification is about 8 weeks, conservatively about 12.
I can't wait to see what next week brings.......................
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107108033
BLTA
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