Baltia Air Lines Inc. (fka BLTA)

[kayakzz]

Firestream:

I am not an expert on this but it looks to me like the process does not require an inked deal prior to its start. Songbird would need to start the process and there is some significant cost associated with meetings with the FAA and complying with documentation. However, if this deal is for real, I would expect that they have probably done at least the first step or two.