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Baltia Air Lines Inc BLTA
(Total Views: 852)
Posted On: 06/27/2017 11:55:19 AM
Post# of 41414
Posted By: speckulater
Re: jdigesare #35563
Bullet Points: 8-K BLTA To Acquire Songbird Airways










6-27 BLTA 8-K Filed with SEC



* LOI for BLTA dba US Global to Acquire Songbird Airways

* Purchase Price $6,200,000

* Songbird shall be Debt Free

* Songbird shall hold a valid and current air carrier certificate issued by the Federal Aviation Administration (the “FAA”)

* Songbird shall hold a valid certificate of public convenience and necessity issued by the Department of Transportation (the “DOT”) to conduct interstate and foreign charter air transportation

* Up To 10 Large Aircraft

* BLTA is currently in the process of conducting its due diligence review of Songbird and has already confirmed the current status of Songbird’s FAA and DOT certificates.














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