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We have been fed the same malarkey of Baltia having the people to get'er done since the begining.
It is also a fact that Baltia has non-redacted copies of the same documents that were provided to whomever by the FAA, through the FOIA.
Baltia does not need anyone's permission to make public their non-redacted copies.
Only 30 days until the next excuse.
If Songbird has not flown in 6 months, they are not dead yet with the DOT.
https://www.transportation.gov/sites/dot.dev/files/docs/Certificated_Packet_2012_final.pdf
Dormancy
If an air carrier does not institute air transportation operations within one year of being found fit by the Department to do so, its economic authority will be terminated for reason of dormancy as provided in section 204.7(a) of the Department’s Regulations. (See section 204.7 contained in Part III of this packet.) On the other hand, if an air carrier starts its air service within one year and subsequently ceases that service, its economic authority is automatically suspended and it has one year from the date of the cessation to resume service or that authority will be terminated for dormancy (see section 204.7(b)). Any air carrier proposing to resume service within the one year period must file with the Department’s Dockets Section, at least 45 days before the date on which service is expected to resume, a notice of such intent and updated fitness information as required by section 204.3. The air carrier may not recommence service unless and until it is authorized to do so by the Department. If the air carrier wishes to resume air service in less than 45 days, it may request a waiver from the 45-day advance notice requirements of section 204.7. Any such waiver request must be filed with Dockets or uploaded via www.regulations.gov. A $280 filing fee must be paid on www.pay.gov.
If, however, the air carrier will not be able to commence or recommence operations before the end of its one year, it may request a waiver from the revocation provisions of section 204.7. Such waivers are not granted routinely, but only where “good cause” is shown. In showing good cause, the company would have to provide adequate evidence that it still meets the Department's fitness criteria and that it has completed nearly all of the steps to initiate or resume operations (e.g., has the necessary personnel, financial resources, and aircraft, and has resolved any problems with the FAA). The waiver request must be filed before the end of the one-year dormancy period with Dockets or uploaded via
www.regulations.gov. A $280 filing fee must be paid online at www.pay.gov. (Sample waiver request applications are contained in Part II of this packet.)
Transfer of Authority
Certificates are not transferable without prior Department approval. Applications for transfer of certificate authority should be filed jointly by the transferor and the transferee with the Department’s Dockets Section at least 3 months in advance of the proposed effective date of the transfer. Additional time would be required if objections are filed or complex or unusual issues are raised by the application. Applicable filing fees, to be paid via www.pay.gov, are $290 (interstate authority) and $255 (foreign authority). Under section 41105 of the Statute, in order to approve a transfer, the Department must find that the proposed transfer is “consistent with the public interest,” that is, that the transferee is fit to conduct the proposed operations. The Department must also analyze the effects of the transfer on (1) the viability of each air carrier involved in the transfer, (2) competition in the domestic airline industry, and (3) the trade position of the United States in the international air transportation market. Applicants for a certificate transfer should describe the circumstances of the transfer, attach evidence supporting the fitness of the transferee as set forth in section 204.3, and provide sufficient information to enable the Department to analyze the effects of the transfer as noted above. In addition, a balance sheet for the air carrier immediately prior to and immediately following the projected closing date of the transfer, as well as copies of all agreements between the transferor and transferee, should be filed.
I haven't found anything yet regarding dormancy with the FAA.
In Baltia's 28 years of existence, have they ever gotten anything done by a set date?
I think a contributing factor of the non April lease was that an opening became available to start the conversion of that plane.
Yep, no need spending more millions on another non-certifiable desert queen.
The KA newsletter http://www.kalittaair.com/ka-news/, gives the impression that all 3 of the ex-Transaero 767-300s Kalitta bought, are in Mexico city for conversion. Only N762CK s/n 26236, is currently down there, both N763CK s/n 26233 & N764CK s/n 26234, are at OSC waiting for an opening at either the Bedek MRO or Mexicanna MRO for conversion, and might be for a while.
After years of difficulties, the hangars at the Bedek MRO division of Israeli Aircraft Industries are full and faces are smiling. “We are experiencing a period of increased demand for conversion into freighters and Bedek is up to its neck in work,” says senior director and group marketing and business development manager Rafi Matalon.
Bedek operates 15 hangars at Ben Gurion Airport, all of them busy and booked for years in advance. The recent “hit” is the conversion of the Boeing 767-300, a model that best meets the exponential growth in online commerce, reflected by growing need for air cargo capacity. “It takes about four months to convert this aircraft into a freighter, but we will soon reduce this time radically,” Matalon says.
http://aviationweek.com/paris-air-show-2017/iai-bedek-busy-israel-and-expanding-mexico-city
Bedek Aviation Group, a subsidiary of Israel Aerospace Industries (IAI) has announced that it is going to set up an aircraft conversion site in Mexico City for conversion of Boeing 767-300's into freighters, in cooperation with Mexicana MRO Services, the former maintenance division of defunct airline Mexicana de Aviación.
https://www.journal-aviation.com/en/news/37268-bedek-to-open-a-767-conversion-centre-in-cooperation-with-mexicana-mro-services
Transparent Tony the truthful, merely misspoke, he was going to delay delivery of the aircraft. But Kalitta recalled it earlier than expected for conversion.
What about the young lass Igor married Ginta?
His mother, Aina Dmitrowsky died about 6 months before Baltia's claims of Igor's death.
As of April 20, 2017, there were 9,442,175,250 shares of common stock issued and outstanding.
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12075870
Plus St. George Investments has the option to purchase umpteen billion shares per their $655K loan agreement.
Buckley resigned as CFO, Robo was so gracious to inform us the auditor has uncovered quite a few things.
Are you not part of the "We"?
What other items have the auditors uncovered? They must be really good things. "Honestly, there is nothing you can think of that enables a reason for the confidence level to go down."
Simple questions that do not deserve a rectalistic responses.
The auditor has uncovered quite a few things? What else have they uncovered?
Baltia has always employed the greatest minds of the airline industry since day one.
How many paying passengers has Baltia transported during it's 28 years of being America's newest Airline?
Be glad and hope they never go through with that lease.
The Company will take delivery of the aircraft no later than July 30, 2017 for a term of 24 months unless Kalitta recalls the aircraft for conversion from passenger use to cargo."
the Company shall pay to Kalitta a lump sum basic rent payment(the full 24 months). Thereafter, the Company will be responsible for monthly maintenance fees in connection with systems, zonal and structural checks, accumulated flight hours, accumulated flight cycles, landing gear overhaul and certain heavy repair maintenance.
Kalitta can recall the aircraft for conversion with minimum notice, and no reimbursement for maintenance paid for by Baltia.
They do, but it is not the same as attorney-client, doctor-patient, or a priest to a confessor.
https://pcaobus.org/Standards/Auditing/Pages/AS2401.aspx
.81A The auditor has a responsibility, under certain conditions, to disclose possible fraud to the Securities and Exchange Commission to comply with certain legal and regulatory requirements. These requirements include reports in connection with the termination of the engagement, such as when the entity reports an auditor change and the fraud or related risk factors constitute a reportable event or are the source of a disagreement, as these terms are defined in Item 304 of Regulation S-K and Item 16F of Form 20-F. These requirements also include reports that may be required pursuant to Section 10A(b) of the Securities Exchange Act of 1934 relating to an illegal act that the auditor concludes has a material effect on the financial statements.
Be glad Baltia has no tooked the lease. It is a vary vary bad lease for Baltia
Thanks for the update. That info did not pop up last night when I googled eastern airlines.
It can be done. After Eastern Airlines completed their certification in 2015, they started charter services with 2 planes. They now have 3 or 4 737s with several more on order.
Only Sheryle remains? What about Vick & Walter?
Enchiladas? No more crabs on Tony?
The next set of excuses will be issued in less than 7 weeks?
Such a shame, that they're incapable of the simple task of updating their profile.
Old, really? Ned became a director on June 19, 2017.
So we're to believe that OTCMarkets will post whatever any Tom Dick or Hairy tells them?
Tony has nothing to do with the company? Did he quit?
Listing people no longer on the board? Why would Tony leave false information on the company profile at: https://www.otcmarkets.com/stock/BLTA/profile
Yep, blame it on the dead guy
(c) The engagement of the new accountant, and the acceptance of the resignation of the prior accountant was done by the Chief Financial Officer and Chairman of the Board of the Company, Mr. Igor Dmitrowsky, with the knowledge of the other members of the Board of Directors. The Company does not have an audit committee or any other committee charged with oversight of financial matters, and has entrusted this responsibility in its Chief Financial Officer.
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7745429
5 of the original 6 directors are still around, Vick Luis Bolanos, Russell Thal, Andris Rukmanis, Walter Kaplinsky, & Barry Claire. 4 of them are still on the board of directors.
The SEC has the details of the engine lease agreement with Logistic Air. 10.6 Engine Lease Agreement between Logistic Air, Inc. and Baltia Air Lines, Inc. Dated January 15, 2010 with confidential portion omitted and filed separately with the Commission pursuant to a request for confidential treatment
50:1 at the current PPS gets it to .20, maybe offer Aerline 50 or 60 million shares for Songbird and Air Logistics 10 or 15 million for back payment.
I presume Kalitta repo'd N706BL and is using for parts. I believe that was his original intention before Igor fell off the truck.
I don't disagree with you, this very well may be more of telling the shareholders what they want to hear.
Igor should have tried buying a certificate a long time ago.
Pump the PPS up, do the 50:1 RS and make a stock offering.
When you stop and think about it, trying to acquire Songbird is really the only thing Baltia has done in the past 28 years, that does make sense.
They only need Songbird's certificate, they can probably lease 737 for less money than it would take to fix the one Songbird has in storage.
Baltia needs to start announcing perspective clients they've lined up for charter services.
Many times over the years, it has been suggested that Baltia should operate under someone else's cert for a while, or buy one. Now, at least on paper, they're attempting to do that. So short of an SEC trading halt, .0001 is not in Baltia's immediate future.
So that is how it works?
They voted to change the Name. They did not create a brand new company.
"Baltia Air Lines, Inc. dba USGlobal Airways"
Then why consider buying Song Bird? They have only operated the 737.
Part 135 states that no certificate holder may operate a turbojet aircraft, or an aircraft for which two pilots are required for operations under VFR, if it has not previously operated such an aircraft in Part 135 operations in at least 25 hours of proving tests acceptable to the Administrator.
Nothing at the moment, but if Baltia really does acquire Song Bird's certificate, it already covers the 737. If Baltia wants to operate any other model of aircraft on it, they will have to pass ditching, mini-evac, & proving runs first.
You do not have to misspell his name, John Drago is still listed as a company director and in SEC filings related to Baltia Air Lines, Inc. dba USGlobal Airways.
Like all of their other failures, Baltia Air Lines, Inc. dba USGlobal Airways denies any wrong doing.
Baltia should have had N706BL converted for cargo only years ago and flown on Kalitta's cert while working on their own cert.
The planes Kalitta bought recently are being converted for his own cargo operations.