Replies to post #99359 on Baltia Air Lines Inc. (fka BLTA)

[phl08]

It certainly won't be BLTA. They couldn't raise $6.5M for the Songbird deal, where are they going to come up with $30M for a hangar, plus all the operating costs. Not that the seller or Stewart will even consider them for the deal.

I can't see a US airline buying or leasing it. They all have their primary maintenance bases covered at their hubs.

Monroe1 Member Level Saturday, 05/05/18 11:04:59 AM
Re: USGlobal4Life post# 99350 0
Post # of 99371
False Flag. Looks like GE is pulling out. They have been having some rough times lately. Once US Global Air expands they may need this huge space. Most likely another airline will grab it up.

[Tiresias]

GE sold that hangar in 2016 to Atlantic - Atlantic also bought space at LAX earlier that year.

http://www.recordonline.com/news/20161215/ge-sells-hangar-at-stewart-airport

So any speculation as to Baltia buying this hangar is false.