Because out of the 29 years, 28 years were spent on trying to get an old 747 certified. Under US Global, they failed 2x, 1 being the lease from Kat the other being Songbird. So really its only 1 year that they are on this new get past the certification process path.
When I look at Songbird, the plane was parked with no staff no routes.
When I look at Xtra, its the same one plane with staff and routes. Therefore Xtra or another turn key operation like Xtra would be an ideal fit for BLTA and to me, looks alot better chance of getting financing and investment dollars than Songbird. I also like Xtra because it doesnt have a fleet of 10 planes for sale along with the cert, if that was the case I would question if BLTA could afford it, but with just one plane and one plane scenario that Songbird had and they bid on it, maybe they can?
It's also been too quiet with no news but under the Nov 30 release and please read it, Tony spoke about similar options open to BLTA, time will tell what options he was referring too. We do know by the Feb 20 release that they want to pursue the path of buying a certified airline and surpass the FAA process, it rests on their shoulders to execute what they said, Xtra does seem like the fit from the outside, are they in on this or working on something else?
Lets see what happens, ultimately no one knows if BLTA is in on Xtra or not, but if not then what?
GLTA
AI
