What does this mean? esignator BY PR Newswire

What does this mean?

esignator
BY PR Newswire
— 11:15 AM ET 12/01/2014
YPSILANTI, Mich., Dec. 1, 2014 /PRNewswire/ -- Baltia Air Lines (BLTA
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) announced today that IATA (International Air Transport Association) has assigned to Baltia the two-letter designator "BQ".
Baltia Air Lines.
Baltia Air Lines (BLTA
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) is America's newest airline, currently undergoing Air Carrier Certification. Baltia's principal base of operations is at Willow Run Airport, Michigan. Upon Certification, Baltia will operate Boeing 747 aircraft across the Atlantic, from JFK Airport New York to Pulkovo Airport St. Petersburg, Russia.
This service is subject to receipt of government operating authority.
Contact Information:
Russell Thal
Executive Vice President
Baltia Air Lines (BLTA
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)
244-8880
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/iata-assigns-to-baltia-two-letter-designator-300002555.html
SOURCE Baltia Air Lines, Inc. (BLTA
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)

USGLOBAL AIRWAYS, INC....Ticker: USGL

To be official soon...