WOW. Didn't seem off topic to me. However, "that p
Post# of 41413
To be honest, the only reason I sign in there anymore is because I find their chart easier to read, and I like to see who the latest basher is, so I can avoid them.
I firmly believe that if I ignore all the bullshit, and let this stock do what I believe it will, my life will be changed by early fall at the latest. And if it takes a little longer than that, so be it.
I was involved,(for those who don't know this) with Baltia, a number of years ago. I worked on the flight manuals which are now under revision and acceptance.
To clarify, the books were accepted quite a while ago. Meaning that they were at a stage where it was time to go through them while working on the next stages of certification.
Revisions are an intricate part of this process. They will be revised until the final day of certification, as far as I know. And anything to do with revisions should be seen as a POSITIVE move forward. No revisions means that things are at a stand-still.
For the record....I didn't write the books. I did all of the tables and charts for them. Of which there are hundreds....maybe a thousand in the end. I had input in every book as far as I know. And I'm here to tell you that starting a new airline is a lot more involved than many may think.
In the end, I believe the total was 10,000 pages, comprising 72 separate books. I know, because I also did the indexing.
Fueling, deicing, emergency procedures, logs of everything under the sun. Imagine if you will for a moment, what it would take to dissect all of that information and make sure that it's all correct and corresponds to the proper type of aircraft.
I believe Baltia is exactly where it is supposed to be right now. Making sure that the I's are dotted, and the T's are crossed. A GRAND undertaking by anyone's standards I think.
This work is being done in tandem with the FAA. That's how it works. They go through every book as needed during the training process and make revision orders until they are satisfied that ALL requirements have been met.
With the advent of the NEW FAA STANDARDS regarding Certification of a Part 121 carrier, I have to give kudo's to Baltia for sticking it out. In many cases, you could call them the underdog.
The owner is not a billionaire. He's a man with a vision, who has stayed true to that vision for a good portion of his life. I believe that speaks volumes for his integrity. If he can pull this off, which I believe he can, he'll own the very first Airline in the United States of America that was able to pass the stringent standards put forth by the FAA since they changed their certification process. AND, their have been a few who have tried and failed while Baltia has been in this process.
My advice....Buy it. Hang on to it. It's Coca Cola.
I might be uneducated, but I'm far from stupid. GLTA.