The time delays are causing some panic selling with share prices seem to be heading towards 1.5 cents by the end of the week. Many people have no idea how difficult it is for a new airline to move through the certification process. The FAA is very careful to to make sure that every detail meets the requirement for certification and this sometimes causes unpredictable delays. I have worked with both the military and government organization like the Navy, Marines, Army, NASA and the FAA in getting final approval of new aircraft designs. These agencies take their responsibility very seriously and put schedules behind safety in every case. The FAA is responsible for the lives of all those that they deem an airplane or airline is qualified to fly passengers and will not be intimidated by outside pressures. We should all respect and be glad of that. When Baltia recieves their certification you can be sure that they will deliver their passengers to their destinations as safely as could possibly be expected in air transportation.
I'm confident that Baltia management is working hard to make this happen ASAP. It makes many of them far richer than most of us when success is finally accomplished.
Have faith__________the time will arrive in short order. In the meantime this may become another great buying opportunity for many!