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Saturday, 10/03/2009 12:52:14 AM

Saturday, October 03, 2009 12:52:14 AM

Post# of 105598
"Fly America Act" - Captive Passengers


Yes, do not forget about Baltia's built in customer base due to the Fly America Act.

What is the Fly America Act?


"In a nutshell, the Fly America Act, is a U.S. Law that requires that foreign air travel funded with Federal dollars be performed on U.S. flag air carriers, unless one has a good reason not to. This applies to ALL foreign travel funded by Federal dollars which means that these restrictions also apply to Federal Government employees on official travel, not just Federal financial assistance recipients and Federal contractors."


Since Baltia, will be the only Airline servicing that route, BLTA will have "captive" customers. This includes Passengers, Cargo and AirFreight.

http://www.ogc.doc.gov/ogc/fl/fald/itl/itlv14.pdf

CAPTIVE MARKET SEGMENT
- The Fly America Act mandates that government funded travel has to fly on US flag airline when service is available
- Virtually all State agencies follow the Fly America Act, as well as many national organizations and foundations
- US Government Agencies reported sending more than 15k passengers to Russia. US carrier required
- US Consulary diplomatic traffic/cargo must fly on a US carrier
- US mail bound for Russia must fly on a US Carrier where service is available

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34365371



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