This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Baltia Advances Into Phase II Of The FAA Air Carrier Certification

Stocks in this article: BLTA

YPSILANTI, Mich., April 17, 2013 /PRNewswire/ -- Today Baltia Air Lines (BLTA) filed an 8K Report showing that it has successfully completed the Gate 1 requirements and has advanced into Phase II of the FAA Air Carrier Certification process.  The Report states:

On March 28, 2013, at the FAA East Michigan Flight Standards District Office Baltia Air Lines senior staff and their FAA counterparts conducted a Formal Meeting to review Baltia's certification documentation and management readiness.

On April 10, 2013, Baltia received confirmation that Baltia's management personnel, system design, and other supporting documentation were found to be satisfactory.

The FAA Certification Team has determined that Baltia meets the requirements of FAA Order 8900.1 Volume 10 Chapter 2 Section 6 and is fit to enter into Phase II of the ATOS Certification Process.

Mr. Igor Dmitrowsky, President of Baltia stated, "Obtaining our gate passage is the single most stringent requirement of the certification process. It's a major milestone in our company's rapid progress toward becoming America's newest airline."   Mr. Dmitrowsky further stated, "I am proud of our staff whose dedication has made this milestone event possible. Everyone at Baltia is excited about this major accomplishment."

In an interview, Mr. Barry Clare, Vice President of Finance stated, "There are no words to express the elation I had when Baltia was told that it had obtained gate passage. The staff and all of Baltia's shareholders have been waiting for this event for a very long time. Everyone at Baltia was hugging and congratulating each other when news of the gate passage was received."  Mr. Clare also stated, "I would like to thank all of Baltia's shareholders for their support and for believing in us. I'm very proud to be part of America's newest airline."     

About Baltia

Baltia's goal is to become the leading U.S. airline in the trans-Atlantic market between major U.S. cities and capital cities of Eastern Europe, including Russia, Latvia, Ukraine, and Belarus. Baltia intends to provide high quality three-class passenger service, and reliable cargo and mail transportation. Baltia plans to begin their foreign scheduled air transportation as the only U.S. airline offering nonstop service to St. Petersburg, Russia.

For more information on Baltia visit the company web site at:

Baltia is America's newest airline currently undergoing FAA Air Carrier Certification. No ticket sales are currently available.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs