Baltia Air Lines Inc. (fka BLTA)

[kayakzz]

That is the million dollar question. My guess is they will sell preferred shares and very quietly sell private placement common shares. As long as they can sell $500K of those a year, they will be able to stay in business indefinitely. Obviously, they won't have an aircraft if they only raise 500K but junk planes have been nothing but trouble for them.

Why don't they buy a couple buses and shuttle people from Manhattan to Stewart to get some revenue flowing? This would also help them if they ever do get a plane.

How do they intend on financing this new start up? Capital One, what's in y@uR wallet? Maybe take out credit cards and racking up miles on real airlines?