Replies to post #22807 on Baltia Air Lines Inc. (fka BLTA)

[pooch22nyc]

From what I understand, we should see completion by 2nd week in June!



Just IMO

[EmpireStocks]

I believe their liabilities rose as a result of the financing of several airfract maintenance procedures. That cash they reported as of March 31st is likely being used to pay their bills, and on top of any additional financing they'll receive, those liabilities should be reduced as a proportion of assets/liabilities within 4-6 months, IMO.