Baltia Air Lines Inc. (fka BLTA)

[deepspringer]

Jet fuel price planning?

I don't have a current copy of Baltia's Projected Operating Results. But I have seen them for two years - 2008 (based on price trends at end of 2007) and 2009 (based on price trends at end of 2008). You can see the first of these by downloading excerpts from the business plan that was submitted with the DOT application in 2007 from...

http://www.leadersoft.com/baltia/DOTapplicationExcerpts.pdf

It has a line regarding fuel costs, projected in 2007 for 2008 to be $552,825 per month at 1 rt per week. In the projection made in 2008 for 2009, they estimated $1,213,144 per month at 1 rt per week. In both cases, there was a healthy operating profit.

As it turned out, the prices in 2007 were similar to today and prices in mid 2008 had reached a hellish peak far higher than today (remember $147 bbl oil?).

So, the projections I've seen (given out to some investors at various times) do account for swings in fuel prices, and all that I've seen have shown a substantial operating profit.