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Horse manure. If they really wanted to have kept it quiet, they very easily could have.
Do you go to Greenbo Alabama for family reunions?
They will not PR tonight's failure.
Tomorrow night's failure will be blamed on the seals.
Why "for the first time ever......the FAA sealed each and every door with serial numbered security tape"?
Has the FAA grown tired of Baltia crying wolf after every failure?
It very well maybe the last chance they're going get for N706BL.
If Baltia is 0-7 after tomorrow night's attempt, Kalitta might get it back for parts.
Why should a different out come be expected this time? Everything was doubled & tripled check after the previous failures also.
Just keep clicking on previous and you'll eventually find it.
There won't be another time after the upcoming failure. choover8059 has informed us that next week is Baltia's Final demo.
Certification has been close for a very, very long time in their third attempt of Part 121 certification.
If the letter is so insignificant there was no need to mention it to begin with.
Why not scan an image of this mythical letter and post it on their FB page?
None of the other failures were seen as even slightly likely to happen either.
Shouldn't the first demo have been the last one needed?
Or the second one?
Or the third one?
Or the fourth one?
Or the fifth one?
Or the sixth one?
Thanks for confirming this is Baltia's final demo. For some reason I think your going to be wrong; again.
I wonder if they're going to pick R5 again?
Tommy Chong's fans/followers would be too stoned to remember any product he is promoting.
"they aren't leaving anything to chance" That is pretty much the same line we've been fed after every failure.
So next week is Baltia's final demo? No more second chances from the FAA?
You have to log out of twitter to view it after they blocked you.
The plane was intact for each of the failed mini-evac demonstrations.
Using your logic, since BBDA closed down 33.33% that is proof BW does not know what he is doing. BBDA is not transparent. They frequently gag the T/A and will never let their books be audited. The PRs or FB updates, are written to lure noobs into buying the the shares being sold by the toxic financiers. You should research that Algea company that BW is getting into bed with. Back in 2009 they were claiming they could get oil from algea. Now BW wants to create pond scum infused beverages.
From the conspiracy theory side of me, the investigations seem to suggest the slides, doors, and girt bar problems, may have had a little outside help.
For example the power assistance on the 2 doors not activating until they reached 40% & nearly 50%. They're supposed to activate at 25%. That is too far out of adjustment, especially for something that had been inspected a few weeks prior.
One of the slide pin mechanisms was tested and required 128 pounds of force to get the pin out. Super Glued?
Reports of the failed mini-evacs 1-5.
On 11/20/14
Door R5
DURING CERTIFICATION EMERGENCY EVACUATION DRILL AT AIRPORT. DOOR 5R SLIDERAFT FAILED TO DEPLOY. THE DOOR DID NOT OPENSUFFICIENTLLY, OPENED 60 DEGREES AND STOPPED FOR INFLATION OF THE SLIDERAFT. DURING THE INVESTIGATION IT WAS DISCOVEREDTHAT THE DOOR OPENING WAS RESTRAINED BY A NYLON STRAP RUNNING DIAGONALLY FROM THE TOP OF THE SLIDE TO THE GIRT BAR. ALSO, THE EMERGENCY POWER DOOR RESERVOIR ACITVATED AT APPROXIMATELY 50 DEGREES OPEN. THE AMM STATES THAT IT SHOULD ACTITATE AT 25 DEGREES. WE HAVE SENT THE UNDEPLOYED SLIDE/RAFT PACK BACK TO THE MFG O/H FACILITY FOR FURTHER DETERMINATION OF THE FAILURE ON THAT PARTICULAR ASSY. WE WILL ALSO CHECK, RE-RIG AND LUBRICATE THE DOOR/POWER ASSIST IAW THE AMM 52-11
Door L2
DURING CERTICATION EMERGENCY EVACUATION DRILL AT AIRPORT. DOOR 2L SLIDE/RAFT FAILED TO DEPLOY DUE TO THE DOOR NOT OPENING SUFFICIENTLY FOR INFLATION OF THE SLIDERAFT. THE EMERGENCY DOOR OPENING PROCESS WAS TERMINATED BY THE F/A DUE TO THE SLIDE COVER PARTIALLY BECOMING UNHINGED, ALTHOUGH IT DID NOT INTERFER WITH THE DOOR. ONCE THE THE DOOR WAS PHYSICALLY OPENED THE SLIDE/RAFT INFLATED AS DESIGNED. POST DEPLOYMENT INVESTIGATION REVEALED THAT THE EMERGENCY DOOR ASSIST RESERVOIR DID ACTIVATE AT A DOOR OPENING OF 40 DEGREES, AMM STATES THAT THIS SHOULD OCCUR AT 25 DEGREES, CONSISTS OF ADJUSTINGTHE EMERGENCY POWER CABLE IAW AMM 52-11-07, ADJUSTING THE DOOR SPRING CARTRIDGE IAW AMM 52-11-06 AND CHECK, RE-RIG AND L
12/16/14
Door L5
DURING AN APPROVED PRECERTIFICATION MINI EVACUATION, THE L5 DOOR ESCAPE SLIDE & RAFT FAILED TO DEPLOY FROM THE ACFT & INFLATE PROPERLY. INITIAL INVESTIGATION REVEALED THAT THE SLIDE PACK ASSEMBLY LANYARD, CONNECTING CABLE & PINS MECHANISMHAD FAILED TO RELEASE. INITIAL INVESTIGATION AT THE ACFT REVEALED THAT WITH A SPRING TENSION PULL GAUGE ATTACHED TO THELANYARD, WITH THE SLIDE PACK REMOVED FROM THE DOOR & BOTTLE SAFTIED, THE PACK CABLE & PINS MECHANISM WOULD NOT RELEASE.REPAIRED IAW IAW CMM 25-66-05 R15
2/24/15
Door R1
DURING AN APPROVED PRE CERTIFICATION MINI EVACUATION DEMONSTRATION THE DOOR R1 ESCAPE SLIDE & RAFT FAILED TO DEPLOY FROM THE ACFT & INFLATE PROPERLY. INITIAL INVESTIGATION REVEALED THAT THE SLIDE PACK ASSEMBLY LANYARD, CONNECTING CABLE & PINS MECHANISM FAILED TO RELEASE THE SLIDE FROM THE PACK ASSEMBLY. THIS ALSO PREVENTED THE DOOR FROM OPENING SUFFICIENTLY TO RELEASE THE DOOR ASSIST CHARGE. INITIAL INVESTIGATION ALSO REVEALED THAT THE SLIDE PACK ASSEMBLY WAS INSTALLED ON THE ACFT DOOR CORRECTLY IAW THE AMM. THE SLIDE WAS REMOVED FROM THE ACFT, QUARANTINED & PROPERLY SHIPPED TO AN OVERHAUL VENDOR, AVIATION INFLATABLES, FOR FURTHER INVESTIGATION & RE-PACKING.
Door R4
DURING AN APPROVED PRE-CERTIFICATION MINI EVACUATION DEMONSTRATION THE DOOR R4 ESCAPE SLIDE & RAFT FAILED TO DEPLOY FROM THE ACFT & INFLATE PROPERLY. INITIAL INVESTIGATION REVEALED THAT THE SLIDE PACK ASSEMBLY LANYARD, CONNECTING CABLE & PINS MECHANISM FAILED TO RELEASE THE SLIDE FROM THE PACK ASSEMBLY. THE DOOR ASSIST CHARGE FUNCTIONED BUT THE ATTACHMENT LANYARD FROM THE SLIDE RAFT PREVENTED THE DOOR FROM FULLY OPENING. INITIAL INVESTIGATION ALSO REVEALED THAT THE SLIDE PACK ASSEMBLY WAS INSTALLED ON THE ACFT DOOR CORRECTLY IAW THE AMM. THE SLIDE WAS REMOVED FROM THE ACFT, QUARANTINED & PROPERLY SHIPPED TO AN OVERHAUL VENDOR FOR FURTHER INVESTIGATION & RE-PACKING.
3/25/15
Door R1(again)
DURING AN APPROVED PRE-CERTIFICATION MINI-EVACUATION DEMONSTRATION, THE DOOR R1 ESCAPE SLIDE & RAFT FAILED TO DEPLOY FROM THE ACFT & INFLATE. INITIAL INVESTIGATION REVEALED THAT THE SLIDE PACK ASSEMBLY GIRT LANYARD, WHICH CONNECTS THE GIRT APRON TO THE PACK BOARD CONNECTING CABLE & PINS RELEASE MECHANISM, FAILED TO RELEASE THE SLIDE & RAFT FROM THE PACK ASSEMBLY. IT WAS DISCOVERED THAT THE GIRT LANYARD HAD TORN AWAY FROM THE STITCHING ON THE GIRT APRON SOMETIME DURING THE INITIAL DEPLOYMENT SEQUENCE. THE FAILURE OF THE RELEASE CABLE & PINS MECHANISM TO FULLY RELEASE MAY HAVE PUT ADDED TENSION ON THE LANYARD STRAP CAUSING THE RELEASE LANYARD STRAP TO TEAR AWAY FROM THE GIRT APRON THUS PREVENTING ANY CHANCE OF THE SLIDE & RAFT TO RELEASE DURING THE REMAINING DEPLOYMENT, INFLATION, SEQUENCES. A FOLLOW UP CONTROLLED PULL, USING AN ELECTRONIC SCALE, OF THE REMOVED SLIDE & RAFT ASSEMBLY GIRT LANYARD STRAP WAS ACCOMPLISHED TO ASCERTAIN THE PULL FORCE REQUIRED TO RELEASE THE PACK BOARD CABLE & PINS MECHANISM FREEING THE SLIDE & RAFT. A PULL FORCE OF 128 LBS WAS RECORDED ON THE SCALE. FURTHER INVESTIGATION OF THE GIRT LANYARD STRAP & THE GIRT APRON REVEALED AN OVERALL AGED CONDITION.
5/5/15
Door R5(again)
DURING EMER EVACUATION DRILL, THE DOOR 5R FAILED TO ENGAGE INTO THE ARMED POSITION, THUS PREVENTING THE DOOR SLIDE & RAFT TO DEPLOY PROPERLY. INITIAL INVESTIGATION REVEALED THAT THE GIRT BAR LOCK FITTINGS DID NOT ENGAGE UNDERNEATH THE FLOOR BRACKET PROPERLY. OPERATIONAL & INSPECTION CHECK REVEALED THAT ALTHOUGH THE ARMING HANDLE TRAVELED FROM THE MANUAL WINDOW TO THE AUTOMATIC WINDOW THE FULL TRAVEL OF THE HANDLE WAS NOT REACHED, APPROX 1/2 TO 1 INCH SHORT. THIS WAS DUE TO THE BAR LOCK ASSEMBLY BUTTING UP AGAINST THE UPPER TAB OF THE FLOOR BRACKETS & NOT SLIDING UNDERNEATH & INTO THE BRACKET AS REQUIRED. FURTHER ENTRY DOOR LOWER GATE ROD TO LIFTER ASSEMBLY ADJUSTMENT WAS NEEDED TO FULLY SEAT THE BAR LOCK ENGAGING ROLLER ARM INTO THE BAR LOCK ASSEMBLY FOR SLIDING INTO THE FLOOR BRACKET.
http://aviationdb.net/aviationdb/AircraftDetailPage#SUBMIT
All of these investigations seem to have the same unwritten conclusion, that the failures were deliberate.
It does make you wonder. Especially since America's newest airline with an old name, Eastern Airlines, is already generating revenue.
MIAMI, Fla., January 28, 2014 -- Eastern Air Lines Group, Inc., (“Eastern”) has filed an application with the United States Department of Transportation for a Certificate of Public Convenience and Necessity. Eastern plans on commencing its Part 121 certification with the Federal Aviation Administration shortly and has retained legal counsel and consultants for this purpose. - See more at: http://easternairlines.aero/news/eastern-air-lines-group-inc-files-with-the-us-dept-of-transportation-as-the-first-step-in-launching-the-new-eastern-air-lines-1390992281787.html#sthash.MNX8OIDO.dpuf
http://airwaysnews.com/blog/2015/05/22/eastern-to-launch-cuba-service-in-partnership-with-havanaair/
The new Eastern Airlines got thru their part 121 process in less then 15 months and only used a few million dollors.
Baltia's crack management team, comprised of the greatest minds known to mankind. Have spent around 120 million dollars and 311 months brainstorming and they still can't get N706BL cerified.
Yep the .005s dropped pretty quick.
There is no wondering to it, a turd with lipstick on it is still a turd.
If they pass the mini-evac 6 months from now, the O/S will be around 20,000,000,000 and a ten bagger might get it back up to .001 if your lucky.
Baltia can't even afford a minimum sponsorship for the Thunder over Michigan air show.
I guess you missed the memo back in April.
Airlines Slash Routes to Moscow in Latest Sign of Russia's Growing Isolation Carriers scratch flights as the number of foreign visitors declines and the plunging ruble keeps Russian vacationers at home
....Delta Air Lines announced it will suspend service to Moscow during the final three months of this year, meaning that no U.S. passenger carrier will fly to the Russian capital during that period. Delta has already trimmed its spring and summer service to Russia; it now flies only five times a week between New York City and Moscow, down from seven in 2014.
http://www.bloomberg.com/news/articles/2015-04-17/airlines-slash-routes-to-moscow-in-latest-sign-of-russia-s-growing-isolation
Companies are allowed to use social media for announcements. There are rules, and it seems to be a slippery slope that would not be recommended.
SEC Says Social Media OK for Company Announcements if Investors Are Alerted
FOR IMMEDIATE RELEASE
2013-51
Washington, D.C., April 2, 2013 — The Securities and Exchange Commission today issued a report that makes clear that companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD) so long as investors have been alerted about which social media will be used to disseminate such information.
The SEC’s report of investigation confirms that Regulation FD applies to social media and other emerging means of communication used by public companies the same way it applies to company websites. The SEC issued guidance in 2008 clarifying that websites can serve as an effective means for disseminating information to investors if they’ve been made aware that’s where to look for it. Today’s report clarifies that company communications made through social media channels could constitute selective disclosures and, therefore, require careful Regulation FD analysis.
“One set of shareholders should not be able to get a jump on other shareholders just because the company is selectively disclosing important information,” said George Canellos, Acting Director of the SEC’s Division of Enforcement. “Most social media are perfectly suitable methods for communicating with investors, but not if the access is restricted or if investors don’t know that’s where they need to turn to get the latest news.”
Regulation FD requires companies to distribute material information in a manner reasonably designed to get that information out to the general public broadly and non-exclusively. It is intended to ensure that all investors have the ability to gain access to material information at the same time.
Lona Nallengara, Acting Director of the SEC’s Division of Corporation Finance, added, “Companies should review the Commission’s existing guidance — it is flexible enough to address questions that arise for companies that choose to communicate through social media, and the guidance does so in a straightforward manner.”
The SEC’s report of investigation stems from an inquiry the Division of Enforcement launched into a post by Netflix CEO Reed Hastings on his personal Facebook page stating that Netflix’s monthly online viewing had exceeded one billion hours for the first time. Netflix did not report this information to investors through a press release or Form 8-K filing, and a subsequent company press release later that day did not include this information. Neither Hastings nor Netflix had previously used his Facebook page to announce company metrics, and they had never before taken steps to alert investors that Hastings’ personal Facebook page might be used as a medium for communicating information about Netflix. Netflix’s stock price had begun rising before the posting, and increased from $70.45 at the time of the Facebook post to $81.72 at the close of the following trading day.
The SEC did not initiate an enforcement action or allege wrongdoing by Hastings or Netflix. Recognizing that there has been market uncertainty about the application of Regulation FD to social media, the SEC issued the report of investigation pursuant to Section 21(a) of the Securities Exchange Act of 1934.
The report of investigation explains that although every case must be evaluated on its own facts, disclosure of material, nonpublic information on the personal social media site of an individual corporate officer — without advance notice to investors that the site may be used for this purpose — is unlikely to qualify as an acceptable method of disclosure under the securities laws. Personal social media sites of individuals employed by a public company would not ordinarily be assumed to be channels through which the company would disclose material corporate information.
The SEC’s inquiry was conducted by Cameron P. Hoffman, Michael E. Liftik, and Assistant Regional Director Cary S. Robnett in the San Francisco Regional Office.
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1365171513574
"since its so prevalent in products like Broccoli, cherries, beer and a bunch of others." ISo they want to use examples of items that Melatonin occurs naturally in, as opposed to items where it is intentionally added?
Second Class crew hired. No wonder they keep failing the mini-evac. Maybe if they had hired a First Class crew they would have been flying already.
Looks like the past year wasn't too good for BBDA.
2014 Q1 Gross Revenue $2,001,786.13 O/S 5,168,198,072.
2015 Q1 Gross Revenue $951,588.49 Pre-split O/S 27,717,880,400.
Not long ago the .008s were going to be behind us, then the .005s, next the .003s.
10 to 25 cents in just a few months? Really? Your camp also told us the Proving Flights would most likely start last month.
So your telling us they're taking an enormous loss on their older private placement shares, just to be stuck with twice as many for the next 6 months?
With Baltia's great track record of disappointments, and their greater likelihood of being in the .000s six months from now, how is that smart?
If the Russians are going to choose an airline based upon its on board Russian culture, then they'll choose AeroFlot over Baltia.
Wow they're so much a like, they could be twins.
Baltia founded in 1989.
SkyGreece founded in 2012
Baltia started operations.........
SkyGreece started operations in 2014
I wouldn't be surprised if the D check comes due again before certification.
If Baltia has "highly experienced individuals" why is it still grounded after 26 years of their plugging away day after day?
It is on page 2 below the Pringles.
Buy your shares or move on? Why would a true believer want to sell their shares at such a ridiculously price per share? I hear Aloe Vera is good for bag burns.
BW has probably sold around 25 Billion shares in the past 6 six years funding his racing addiction.
"The share selling is necessary for the company to expand." Real companies do that occasionally, but normally they reinvest the profits earned from their products to fund expansion.
"Selling shares to fund his daily life." Thats the problem. At what point do you think the products should have started supporting him & the company ? I've seen gift certificates on Mcdonald's menu board but never stock certificates. Why do suppose that is?
If you were in a Koma, how long would you expect your family to continue paying for life support?
Can he provide us with links or the reference numbers of the FAA regulations that prevent them from updating their shareholders?