Baltia Air Lines Inc. (fka BLTA)

[phl08]

Did I miss something in an 8K or other official company statement that the airplane did not pass inspection?

I only see that the seller terminated the deal because BLTA ("company") did not proceed with closing as scheduled. I also see John Lampl being reported to say they did not close the deal because they couldn't get financing lined up.

You are making assumptions that have no supporting facts. I am making observations based on supporting facts.

rab74 Friday, 02/23/18 12:52:59 PM
Re: phl08 post# 97351 0
Post # of 97375

Exactly as stated “ The Company received a letter, dated November 22, 2017, from AerLine terminating the Agreement as a result of the Company’s failure to proceed with the closing as scheduled.”

*** Because the airplane did not pass the inspection*** for that reason the company didn’t proceed with the closing as scheduled.***

It is so clear..., and I’m happy with that decision :)