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Lol.... look at your chart. Look at Buy volume and Sell volume. Or green vs. red if you don't like #'s. Looks like the buying out ways the selling! Good signs! Thanks for that DD LTO!
It's easier for some to say there is no letter so Baltia must have lost it! Instead of picking up the phone and asking! Oh wait the company might lie to us though! Lol... Really? Yeah the company is going to lie and risk getting sued to lie that they are waiting on the FAA for a dicision and they will lie that they didn't lose the route if they really did! Do you know how many millions of dollars Igor and the other Executives would personally have to pay from a lawsuit if this was true! Give me a break and stop with the conspiracy theories people!
Market closes at 1600 hours. Good try though! Closed green on every chart I see!
My point is that just because it is not on regulation.gov doesn't mean they didn't get an anwser back. It's like saying Baltia never fail any Mini's because I don't see an official letter on regulation.gov regarding that. All you are doing is guessing. Do some DD and call the company and ask them if they lost the route. The answer will be no!
I read it.... Where does it state they lost it? They file this every year to let the DOT know they still are working toward certification and request to keep the frequency allocation current. This does not mean they lost the route. And do you work for Baltia to know they didn't receive a response back? Or because you can't find it online you know this is fact?
Lol.... So now you claim manipulation? Yes people are buying up millions of shares of BLTA to manipulate the PPS! Makes sense! I will be manipulating tomorrow some more shares, if that's what you want to call it when someone buys shares!
Yeah what happened to the PPS? Looks green to me! Postive sign with almost 15 million shares bought today and in the green. Something good is obliviously happening!
Looks like just under 6 Million! Buying at the ask too! Very good sign to see that happen. A FAA agents family member is probably going to be rich off that buy.... If you catch my drift!!!
CNN website claims "Baltia Air Lines Third Pilot Group To Create Excess of $110 Million Net Income"
In what is being deemed as a financially strategic decision, Baltia Air Lines (OTCBB:BLTA) recently began training its third set of pilots in preparation for passenger flights. The second and third flight crews will join the first group, who completed training several months ago, on the proving flights. Many see this as a move by Baltia to be more adequately prepared for post-certification flights. However, the company’s 747 aircraft does not require three groups of pilots, hinting at a likely acquisition of additional aircraft.
It is likely that Baltia is in the process of purchasing four 747’s that Delta Air Lines retired in mid-2014, and is training additional crew to operate a second, third, and possibly fourth aircraft prior to first flight. With a goal of assembling a fleet of four to five planes during the first year of revenue flights, Baltia is positioning itself for rapid growth.
Due to fuel costs being substantially lower than Baltia’s pro-forma calculates, profitability may increase to 30% or more, driving net income to an excess of $90 million at an aircraft load capacity of 64%. The realistic load will be closer to 90% or more, thus Baltia should be capable of generating 26% more net income, or over $110 million in year one of flights.
Trading multiples for established airlines typically fall between 10x and 14x earnings. However, companies that are in their first few years of generating revenue frequently trade at 20-30x earnings. Therefore, by the end of the first year of flights, Baltia should see a valuation between $2.2 billion and $3.3 billion, without consideration of other variables such as industry growth, marketing, and additional expansion.
Link:
http://ireport.cnn.com/docs/DOC-1233050
Baltia expects a huge demand for its services. Baltia Air Lines will begin by offering non-stop flights from JFK to St. Petersburg, once a week. Then it will gradually increase its frequency to reach 5 flights a week.
Nope, just have to look at that fancy little chart on the top of the IHUB page that shows Baltia in the green today and the high volume of bought Shares!
Did great for Veterans Day! People are still buying we must be doing good! With all these positive signs shouldn't be much longer!
I wonder the same thing MIT! Why would that be??? All good signs for the BLTA investors!
Certification will be sooner than you think! Holding pretty good in the green today!
Would have joined you today but no extra cash presently. But hoping to add to my position soon!
Correction 6.5 million bought today and we went green! All postive signs!
I can confirm them working under the wing yesterday. Saw the ladder and boom lift as show in picture under the right wing yesterday around noon . The flaps on the wings have been in the down position for almost a week now. Maintenance still being done on the plane shows that Baltia is still making progress and still expecting certification soon !
The Pass will come soon! You do not need a Pass to have leverage with the FAA! There's many people that know what's going on behind the scenes! That's why you still see people buying, Their is people that know Baltia will be certified soon! And the Volume reflects that! If this was not happening the Volume would be 0 today.... not 2.5 million!
Baltia has lots of leverage with the FAA! And the plus is that they're getting the job done and we will be certified soon! That's why people in the know are still buying, hence the 9 million share purchase yesterday!
I agree Winning very SOON! That buyer will make Millions off that purchase! Smart guy you are right!
Has to be a buyer to sell.... Which there is! 9 mil purchase done yesterday!
I can't PM but good job on the Email! Hopefully if enough pressure is put on the FAA, we can show the FAA that we will not tolerate the unfair,morally and ethically wrong actions that are being done by the FAA! This is completely wrong and must be stopped! Both to the company and the investors of BLTA that ultimately pay for the existence of the FAA through our hard earned taxes!
Baltia Air Lines
November 3 at 9:59pm ·
UPDATE:
Slide failures encountered during Baltia’s Evacuation Demonstrations have been a known systemic industry problem for decades.
On October 8, 2015, the FAA issued an Advisory Circular #43-208, which highlights the inherent problems with slide-deployment to the aviation industry.
http://www.faa.gov/documentLibrary/media/Advisory_Circular/AC_43-208_CHG_1.pdf
St. Petersburg's Pulkovo International Airport was voted one of Europe's finest in the Airports Council International survey of customer service in 95 of the continent's airports; in the dining category, it took first place.
St. Petersburg's Pulkovo International Airport has been named one of Europe's best in a survey of passenger satisfaction in 95 airports carried out by Airports Council International [ACI], the airport's administration announced on Tuesday.
The airport was named Europe's fourth best by passengers in the second quarter of 2015; the airport hopes to maintain or even improve its ranking before the final recipients of the 2015 award are announced at the beginning of next year.
Pulkovo received the ranking after getting rave reviews from passengers in a range of categories.
The airport took third place in users' assessment of the accessibility of ground transport, the competence and courtesy of check-in staff, and the meticulousness of pre-flight inspections.
The airport was voted fifth best in Europe for ease of transfers, and came in second place for the quality of service in its business lounges and gate areas.
The highest accolade came for the quality of food and drink in the airport's cafés and restaurants, which took first place in the catering category.
Read more: http://sputniknews.com/russia/20150819/1025928943/stpetersburg-airport-award-passenger-service.html#ixzz3lQugu0AL
TIMELINE
April 2013:
The FAA approves Baltia through Gate 1 of the certification process. Training and flight evaluations are next.
October 2014:
The FAA approves Baltia through Gate 2 of the certification process. Flight operation evaluations is next. This will include the Tabletop exercises, Mini-Evacuation, Ditching exercise, and the Proving Run Flights.
November 2014:
-Baltia passes the Phase III required Conformity Check. The aircraft is cleared for certification.
-Baltia passes Tabletop exercise with FAA. Manuals and operational use of manuals approved.
February 2015:
Second class of pilots begin simulator training.
May 2015:
WILLOW RUN AIRPORT, Mich., May 13, 2015 /PRNewswire/ -- Baltia Air Lines (OTC Pink: BLTA) announced today that its cabin crewmembers have successfully completed the recurrent training. In conjunction with their training an additional Purser and an Instructor are being qualified.
June 2015:
-Phase III certification process continues with preparations for the Evacuation exercise demonstration.
July 2015:
Baltia Air Lines (BLTA) announced that its Initial Cadre Check Airmen (ICCA) have successfully completed the required recurrent training in a simulator in preparation for Check Airmen certification to be conducted during proving flights.
September 2015:
Baltia's flight crews welcomed back to Willow Run for their recurrent training in preparation for the upcoming proving flights.
The training will be conducted at the Kalitta International Flight Academy.
I see a huge buying spree coming! Like the 9 million share purchase today! Sell off of BLTA is only for the fearful that truly don't have a clue! Buy at these ridiculous prices while you still can!
World Travel Awards: St. Petersburg best travel destination in Europe
September 11, 2015
St. Petersburg has been named the best tourist destination in Europe by the prestigious World Travel Awards Europe, according to the organization's site.
The key factors in the city's success were century-old traditions, a rich history and its great tourist potential.
Amsterdam, Paris, Barcelona, Venice, Lisbon, Florence, Edinburgh, Istanbul, London, Porto, Berlin and the UK county of Yorkshire were all competing this year for the award.
All the winners of the organization's European travel prizes will participate in the World Travel Awards world final in Morocco on Dec. 12.
The World Travel Awards has been honoring organizations and companies that excel in the development of the tourist industry for 22 years.
Link:
http://m.rbth.com/arts/2015/09/11/world_travel_awards_st_petersburg_best_travel_destination_in_europe_49167.html
World Travel Awards
Saint Petersburg, Russia, leads World Travel Awards European winners in Sardinia
08 September 2015, 10:37
An audience of more than 250 industry leaders from across Europe were in attendance for the presentations on Saturday evening. During a glittering ceremony at Forte Village Resort, Saint Petersburg was recognised for its exceptionally rich history, centuries-old traditions and bright future.
Saint Petersburg, Russia, has claimed the title of Europe’s Leading Destination at the World Travel Awards Europe Gala Ceremony in Sardinia, Italy.
- See more at: http://www.traveldailynews.com/news/article/67909/saint-petersburg-russia-leads-world#.dpuf
CNN website claims "Baltia Air Lines Third Pilot Group To Create Excess of $110 Million Net Income"
In what is being deemed as a financially strategic decision, Baltia Air Lines (OTCBB:BLTA) recently began training its third set of pilots in preparation for passenger flights. The second and third flight crews will join the first group, who completed training several months ago, on the proving flights. Many see this as a move by Baltia to be more adequately prepared for post-certification flights. However, the company’s 747 aircraft does not require three groups of pilots, hinting at a likely acquisition of additional aircraft.
It is likely that Baltia is in the process of purchasing four 747’s that Delta Air Lines retired in mid-2014, and is training additional crew to operate a second, third, and possibly fourth aircraft prior to first flight. With a goal of assembling a fleet of four to five planes during the first year of revenue flights, Baltia is positioning itself for rapid growth.
Due to fuel costs being substantially lower than Baltia’s pro-forma calculates, profitability may increase to 30% or more, driving net income to an excess of $90 million at an aircraft load capacity of 64%. The realistic load will be closer to 90% or more, thus Baltia should be capable of generating 26% more net income, or over $110 million in year one of flights.
Trading multiples for established airlines typically fall between 10x and 14x earnings. However, companies that are in their first few years of generating revenue frequently trade at 20-30x earnings. Therefore, by the end of the first year of flights, Baltia should see a valuation between $2.2 billion and $3.3 billion, without consideration of other variables such as industry growth, marketing, and additional expansion.
Link:
http://ireport.cnn.com/docs/DOC-1233050
BALTIA UPDATE:
First off I would like to thank each and every one of our valued shareholders for your patience and dedication. Without you Baltia would not have come this far.
I know that many shareholders and others who have been following Baltia’s air carrier certification project have called and asked for an update on where things stand with the FAA. One of the questions is "why is it taking such a long time?" As many of you know, Baltia submitted a request to the FAA that the company’s Mini-Evacuation drill #7 be considered a “pass”.
Our request is based on the following:
All required doors opened and slides deployed in the requisite amount of time. Baltia’s crewmembers performed their duties satisfactorily; in fact, they received accolades from the FAA for their professionalism and performance. However, the slide on door R1, after proper pack opening and initial unfolding, became entangled on its internal geometric guide strap during the latter unfolding/inflating sequence. In our view, the escape system still could have been used in an emergency.
United Technologies / BF Goodrich, the slide manufacturer, concurred with Baltia’s analysis that the malfunction was caused by an internal slide packing error by an appropriately certificated and rated repair station, that did not follow the manufacturer’s maintenance manual as instructed by Baltia. The error could not have been detected during Baltia’s comprehensive receiving inspection.
Baltia’s Chief Maintenance Inspector and the repair station’s Quality Assurance staff have worked diligently to determine the root cause of the discrepancy and, most importantly, implement a comprehensive fix to prevent reoccurrence. These actions have been completed.
The FAA is considering Baltia’s request. While we await the agency’s decision, Baltia’s staff is continuing to work on the remaining certification tasks and the ongoing maintenance of Baltia’s aircraft. We have advised the FAA of our desire to expedite the path forward.
Again, thanks to every one of our investors for your support.
Best Regards,
Igor Dmitrowsky
President
Baltia Air Lines
Ask the FAA! But I have a feeling it will be SOON! Hopeful we hear something by NEXT WEEK!
Baltia has already secured passenger and ground service arrangements at JFK and Pulkovo II Airport in St. Petersburg. The city of St. Petersburg is a major transport and cargo hub to Eastern Europe and Russia being Russia’s 2nd largest city after Moscow with 5 million inhabitants. St. Petersburg is only the beginning for Baltia Air Lines as we hope to emerge as the premiere U.S. airline in the Trans-Atlantic market between the major U.S. cities and capital cities of Europe and other destinations.
Baltia expected to make 20,000,000 the first year with one plane. At least 5 other planes with new routes expect to increase profit over the following few years! What a scam this sounds like! Lol
I have wrote emails to both the DOT and The FAA administration offices in Washington regarding these same concerns. I received a response back only from the FAA stating I would have to contact the FSDO regarding my questions. I have sent an email to the FSDO Detroit office yesterday and have not heard anything yet. I'm feeling that the response will be that it's out of their hands and they handed it off to Washington and I will get the run around! I think we need a higher entity asking the questions to get anywhere..... Aka News stations, News Paper, Government officials, Ect.!
FAA response:
Subject
Baltia Airline Delay
Discussion Thread
Response Via Email (FAA Customer Service Representative) 11/06/2015 12:48 PM
Your local FAA Flight Standards District Office (FSDO) can give the best answer to your question. Their personnel will evaluate your question along with any specific issues you may have. You can find contact information for your local FSDO on our website at: http://www.faa.gov/about/office_org/field_offices/fsdo/
Thank you for your question.
Not sure who would want the price down. It could be another airline (more then likely a foreign airline if that's the case), day traders, groups that don't want a U.S. Company to succeed, political groups, and on and on. Baltia wanting the price down.... Not a chance! All that would mean is less money they can get on discounted PP shares that they need to sell to keep operations going thru the certification process. Whoever it is and regardless of why they are doing this, Baltia will be Certified eventually and there is nothing these groups can do about it when they do!
Agreed!
And yes "ulterior motive" is what I met to say in my previous post Herring!
Because there is an alternative motive for them selling! I truely believe someone is intentionally tring to drive the price down!
The same proof that it will be deemed a fail.... None!
The FAA is considering Baltia’s request. While we await the agency’s decision, Baltia’s staff is continuing to work on the remaining certification tasks and the ongoing maintenance of Baltia’s aircraft. We have advised the FAA of our desire to expedite the path forward.
Again, thanks to every one of our investors for your support.
Best Regards,
Igor Dmitrowsky
President
Baltia Air Lines
Yes you are right the Stewart's have no control if they see a simple fix to a issues with the slide in the real world and the slide "exploded", and the CEO of Baltia is publicly lying about them still waiting on the decision of Mini 7 and I really was not at the Mini # 7 that night watching and the pictures I took were all photoshopped with FAA personnel and slides! What a Scam right! Get real!