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Tuesday, 11/07/2017 7:38:50 AM

Tuesday, November 07, 2017 7:38:50 AM

Post# of 105598
**FAKE NEWS ALERT**

We just got a shoutout fm CH-Aviation:

"As such, the purchase of an existing airline replete with all the necessary permits and certificates is proving an increasingly popular shortcut to market among US-based start-ups. As recently reported, USGlobal Airways (formerly Baltia Air Lines) recently acquired Songbird Airways (SGB, Lakeland) in its own, separate bid to start commercial services. "

https://www.ch-aviation.com/portal/news/61136-california-pacific-eyes-part-121-carrier-2q18-launch


You've got to love CH-AVIATION for the way they initially fabricated a FAKE NEWS on 4 sept 2017 as we can read

USGlobal Airways (BTL, Newburgh) has announced it has completed the acquisition of Part 121-certified carrier Songbird Airways (SGB, Lakeland) following the signing of a Letter of Intent (LOI) in June.

USGlobal, formerly known as Baltia Air Lines, said in an SEC filing last week that it entered into a formal agreement with AerLine Holdings Inc. to acquire all Songbird stock. The transaction is valued at USD6.5 million and expected to close on October 15, 2017.

In addition to the purchase, USGlobal will lease B737-400 - N417XA (msn 25417) - from AerLine. The aircraft will undergo a C Check prior to induction into USGlobal service.

In addition to its air carrier certificate, USGlobal Airways is also eyeing Songbird's certificate of public convenience and necessity issued by the Department of Transportation to conduct interstate and foreign charter air transportation.


https://www.ch-aviation.com/portal/news/59156-baltia-air-lines-inks-65mn-deal-to-buy-songbird-airways

But now the same ch-aviation turns around and quotes its fake own news. Thats just grand!!!

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