Baltia Air Lines Inc. (fka BLTA)

[certdog]

To me the most interesting part of this new agreement that apparently both parties have signed is the following:

The Acquisition is scheduled to close on October 15, 2017 (the “Scheduled Closing Date”), but in no event later than October 31, 2017, and the Company is required to present proof of sufficiency of funds to AerLine fifteen days prior to such Scheduled Closing Date.

It appears that AerSale isn't sure that USGlobal has the bucks and won't do the final prep for the sale until they are sure of this.
Also, it appears that they haven't been getting ready for resumption of operations as USGlobal will be responsible for the inspection of the 737.
I think this will probably go through but it will be really painful. Just my opinion.