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"nor does it imply that BK is pushing an agenda deliberately aimed at bilking investors."
You might develope a different opinion of Brian Kistler with further research of him and his stinky pinky relationships. Google can be quite handy sometimes.
I called their number listed on FB (770) 996-5200, the restaurant is open from 10:30 AM to 10:30 PM.
Looks like one of "Delta's Training Center" videos. They're inside of a building, using a mock-up of a door, to train flight attendants on what to do. They are not on an airplane, filled with pretend passengers, practicing evacuations.
I can't disagree with you, that more than likely is the intent.
They do forbid:
(5) Crewmembers, mechanics, and training
personnel, who maintain or operate the airplane
in the normal course of their duties,
may not be used as passengers.
Rehearsals or practicing the evacuation test is not allowed as per Appendix J of Part 25. The FAA does not have to know to what might be happening behind closed hangar doors.
They're suppose use all new participants unless it has been 6 months since the previous attempt. Since Baltia only has 1 crew, I do believe they will make an exception in not requiring a new crew.
Baltia has been selling PP shares since 2008.
Presuming there is only a 180 day restriction period, as of 3/31/2014 a total of 1,726,355,262 shares issued for cash, would be off restriction.
Over the years surely a decent chunk of those, have made their way into the market. During the past week or two, it has been said/suggested by some, that some people have/are selling PP shares, so that they can purchase more PP shares.
http://www.otcmarkets.com/stock/BLTA/filings
The 9/30/14 10Q appears to have a typo, says shares issued for average of .05 should be .005.
Yawn...25 years later & Igor still can't get it up.
Here is your source. APPENDIX J TO PART 25—EMERGENCY EVACUATION:
http://www.gpo.gov/fdsys/pkg/CFR-2011-title14-vol1/pdf/CFR-2011-title14-vol1-part25-appJ.pdf
(m) The applicant may not practice, rehearse, or describe the demonstration for the participants nor may any participant have taken part in this type of demonstration within the preceding 6 months.
I don't think they'll have to get a new crew, just new participants to be passengers since they only have 1 plane, & 1 crew.
There is something wrong with the company, his initials are Brian Weber.
That company wasted more money. That they PR'd another non event.
That non-required designator is pretty expensive.
http://www.iata.org/about/members/Pages/fees.aspx
The stock brokers are not PR'ing this, Baltia did.
IATA & ICOA data bases have not been updated yet.
http://www.iata.org/about/members/Pages/airline-list.aspx?All=true
That is more better than sold. It was just the way it was worded made it sound permanent.
Their doors are being used regularly, and the defects are found during routine inspections. Baltia's doors have seen very very little use the past 5 years and just passed an inspection. Hopefully they were the only items overlooked or messed-up during D-Check.
A small issue with repairs?
Had it been a real life situation, and you were trapped inside the plane as it burned, would it still be a small issue?
This mechanical failure was not Baltia's fault. That falls on the shoulders of the Kalitta maintenance crew, that just gave the plane a clean bill of health on it's recent D Check. "This is by far the most comprehensive and demanding check for an airplane. It is also known as a Heavy Maintenance Visit (HMV). This check occurs approximately every 6 years. It is a check that, more or less, takes the entire airplane apart for inspection and overhaul. Also, if required, the paint may need to be completely removed for further inspection on the fuselage metal skin. Such a check can usually demand up to 50,000 man-hours and it can generally take up to 2 months to complete, depending on the aircraft and the number of technicians involved. It also requires the most space of all maintenance checks, and as such must be performed at a suitable maintenance base. Given the elevated requirements of this check and the tremendous effort involved in it, it is also by far the most expensive maintenance check of all, with total costs for a single visit ending up well within the million-dollar range."
http://en.wikipedia.org/wiki/Aircraft_maintenance_checks#D_Check
How many other airlines are 25 year old start-ups trying to get certified?
How many of them have several billion shares O/S trading on the pink sheets?
A simple message on their facebook page would have been enough for most.
"The settlement with Kritsky", is he one of the unrelated parties receiving a chunk of the future receivables?
Can't answer for LT, but in the old bird's and Boeing's defense, that possibility does exist. If it was determined to be a defect, an Air Directive to fix it might get generated. But since it just passed the 6 year check-up, I'm more incline to suspect human error as the root cause. Especially if the parts that failed, were re-installed by the same person.
Some are even misled by themselves.
The info your using to disprove the "failed test rumors" is not about the mini-evac test at all.
The first part is dated 10/28/2014, replying to a letter from Baltia saying they passed phase 2 and moved onto gate 3.
The second part is dated 11/19/2014 it is about the Tabletop exercise
Hmm, looks like HQ gave you false misleading information.
I don't know who done what. Just copied & pasted comments posted else where by a company insider to verify there was indeed a mini-evac failure.
Looks like the mini-evac did fail. Here are part of the comments from an O-1 about the mini evac failure: A mechanical malfunction during a mini-evac means a lot more to the FAA and to Kalitta than it does to Baltia - but Baltia is at the FAA's mercy.
Remember that Kalitta is authorized by the FAA to do maintenance on planes. Since Kalitta just finished all the C-checks (1 through 4) on N706BL, and the FAA has approved them as an authorized and sanctioned repair facility, then if something goes wrong, Kalitta has to answer to the FAA.
What appears as a small mishap - a canister not releasing and a slide therefore not deploying properly - results in a HUGE problem for the FAA. That plane was supposed to be perfect. What if that problem had occurred in a true emergency situation, when passengers were on board? What if the failure of the slide to deploy resulted in the loss of life? And most importantly.....what if the problem that they stumbled upon during the mini-evac actually is a defect apparent on other planes as well?
An investigation of this incident has to occur, and the findings must be put into a report - and if deemed necessary, the FAA may require that these canisters have to be inspected and replaced on other planes throughout the world.
At any rate, the FAA, Kalitta, and Baltia all conducted their investigations this week. Their findings will be put in a report, but that is not going to slow the certification process down one bit.
What will slow down the process....by a week or two....is the fact that now Kalitta has to the repairs.....and since their license is on the line, they are going to be 10,000% certain that this problem will NEVER happen again. Yes....they will repair or evaluate everything involved....slides, canisters, release levers, etc.......because they know that their FAA issued authority is on the line.
The good things.....the repairs are being done at little to no cost to Baltia (since any mechanical failures after N706BL passed all those C checks is really a Kalitta problem) and you can rest assured that in the next mini-evac, everything is going to work perfectly.
You also know that....even though there will be a slight delay....ultimately Baltia will get its certificate and it will begin revenue flights to St. Petersburg (and beyond).
The bad thing.....the repairs are going to take time. Parts have to be ordered, shipped in, and replaced. Chances are that proving flights will probably be delayed till just before Christmas, and most likely will extend into the beginning of January - although the actual delay due to this mishap is as of right now uncertain.
How could the plane have passed it's major inspection recently in this state? "disastrous technical condition of the plane. Several doors failed to open and other technical problems."
Did Kalitta Air pencil whip the inspection?
The payments will be forever.
The statement of "allowing the company to continue operations" kind of sounds like extortion payments.
So now $19.53 of every $100 receivable is gouged off the top?
On September 11, 2014 the company sold thirteen percent of its future receivables to an unrelated third party allowing the company to continue operations.
On September 29, 2014 the company sold 6.53% of its future receivables to an unrelated third party allowing the company to continue operations.
They were prepared by the firm of Dewy, Cookem & Howe.
I did not know about the new case filed by Walter K.
I didn't know about the new case.
I'm presuming they cancelled that hearing because it may have been for the case they dismissed with prejudice that was filed in the Florida State court in Orange County. Now it is a Federal case filed in the Middle District of Florida Federal Court and you can track, view & download the documents from PACER @ 10 cents a page.
https://www.pacer.gov/
They probably stopped a little early today to go vote.
I think Barry will make $1,000,000.00 this year in commissions from his capitol raising activities.
When did they start certification process with Federal Aviation Authority of Russia (AR/FAAR)?
Why is Pulkovo waiting on Baltia to start recouping their make over expenses?
Well at least BW is consistent with one thing. Delinquency Notice - Tax - 2014-001666954 Date: 11/02/2014
The company officers can vote it out, the shareholders have no say in the matter.
The people that bought in for .005 or less, started selling their PP shares when the restrictions expired.
The letter you're referring to is from Baltia to the FAA. Where is the letter from the FAA to Baltia stating they passed Gate 2 and have entered Gate 3?
Why not? This letter from the FAA regarding Gate 2 requirements, was hand delivered on the same day as the shareholder meeting. Contrary to what we were told by the promoters, it shows they have not fully met those requirements.
http://www.regulations.gov/#!documentDetail;D=DOT-OST-2007-0007-0064