Replies to post #6763 on Baltia Air Lines Inc. (fka BLTA)

[baseball69]

I am only taking these numbers that were approved and submitted to the DOT. I believe the minimum projected 1st year operateing net revenues were 16 million which were base on flying only one round trip daily for the first year. You don't and shouldn't take anyones word for it these are projections. I believe they're fairly accurate and will actually increase substantially as they increase the number of planes and daily trips thay make. But with some basic mathmatics and plugging in their operateing cost I'm sure you can perform your own calculations. Even at 16 or 20 million they still earn between 4 and 6 cents a share and with no debt the stock could easily be trading north of 50 cents a share and with additional planes and an increase in passenger travel the stocl could easily warrant a 1 dollar share price. Compare to the industry Please you don't have to agree with the DOT, Baltia or myself, do your own financial analysis and show us what we come up with. My estimates are only derived from the facts that were submitted and approved by the DOT.

[baseball69]

And by the way I'm not saying that they will be trading at 2 or 3 dollars now or even in the near term. But yes I think there is that potential within the first three years. Jet blue has over 3.3 billion in debt and 3.2 billion in revenue and trade at a 335 times earnings. So yes I do believe Baltia when they are fully operationl can trade north of at least one dollar. I am certainly not compareing Jet Blue with Baltia at being at the same operational stage. But Jet Blue did start off in a very similar manner as far as flying limited routes and plans. The big difference with Balia however, Is they have absolutely NO DEBT and I emphasize this because that is a major componennt to the balance sheet of an airline at any stage.