Baltia Air Lines Inc. (fka BLTA)

[DarthPilot]

No, its known to all in the business that the feds (FAA) won't certify a company/airline if doesn't have the financial resources (hard cash) in place to operate properly...as stated in the last quarterly report that the CPA writing the report and to paraphrase that he/she doesn't believe that this can remain a going concern in the near future!

When JetBlue and Virgin America were certified they had tens of millions of dollars in the bank as operating capital the day they started flying...last reported Baltia had 550K in cash and a few million more from stock sold to the person who owns the note on 706...this company burns millions in cash and achieves very little in 20+ years...it has however made a few in management very wealthy. Keep on believing...I have my doubts this will go much further. IMHO GLTA