Baltia Air Lines Inc. (fka BLTA)

[MIHL Board]

IMO what you are stating about allocation of resources by the DOT and FAA is wishful thinking until firm 3rd party confirmation is received or appropriate letter is posted on the DOT website or a filling is made with the SEC of these material changes to the company's circumstances. In fact, you are reading incorrectly into the DOT letter. It is worded exactly like an Order To Show Cause ie
It basically states your permissions are revoked unless you convince us otherwise. This is a very grave and dangerous situation for the company. Do you really believe that the regional offices of the FAA do not communicate? The lack of approvals at the NY Office will of course negatively impact on the application process, if is really happening, at the MI office. A positive development would have been a new controlling shareholder and new management to show that the company is starting with a fresh slate. Same management and same ownership its the same practices and same story at different office of the same agency is suspect and on all probability will run into the same difficulties. That is my opinion bases on 30 years of management and consulting experience.