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Erko

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Erko

Re: None

Thursday, 01/22/2015 4:33:19 PM

Thursday, January 22, 2015 4:33:19 PM

Post# of 105600
Future PPS.

I spent 1/2 a day looking over historical data, PPS for start up airlines. I went back to 1992.

There is very little useful information that can be used to compare to BLTA.

Lowest share price that I could find was a start up from 1992 at PPS of $2.00 after certification and it was the most comparable operation. Small with 3 airplanes.

I now think a $2.00 target price after certification is very realistic.

For you BLTA bashers; If you think BLTA is taking long just look up California Pacific Airline, they started their filing in 2009 and are not even close to fly.
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