Information from today's 10K Report "Concurrent
Post# of 41413
Posted On: 04/15/2015 5:31:13 PM
Information from today's 10K Report
"Concurrently with its Part 121 Air Carrier Certification ("Part 121"
for scheduled service, Baltia is certifying for world-wide charter service, opening the opportunity to earn additional revenues from charters.
As of December 31, 2014, Baltia's staff of thirty-one includes professionals with airline experience.
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AND:
"Following the commencement of service on the JFK-St. Petersburg route, Baltia's objective is to develop its route network to Russia, Latvia, Ukraine, and Belarus.
Baltia intends to provide full service, i.e. passenger, cargo and mail.
There is currently no non-stop service from JFK to St. Petersburg. Connecting service is provided mainly by foreign carriers. Finnair, Lufthansa and SAS are the leading competitors in the US-Russia market. KLM, British Airways, Air France, Austrian Airlines, Ukraine Airlines and Swiss International also provide service. United Airlines code shares with Swiss International and Lufthansa flights into St. Petersburg. Delta and two Russian airlines, Aeroflot and Transaero, currently operate between JFK and Moscow. With the exception of the JFK-Moscow route, there exists no non- stop competitive air transportation service on the routes for which Baltia intends to apply.
"Concurrently with its Part 121 Air Carrier Certification ("Part 121"
for scheduled service, Baltia is certifying for world-wide charter service, opening the opportunity to earn additional revenues from charters. As of December 31, 2014, Baltia's staff of thirty-one includes professionals with airline experience.
----
AND:
"Following the commencement of service on the JFK-St. Petersburg route, Baltia's objective is to develop its route network to Russia, Latvia, Ukraine, and Belarus.
Baltia intends to provide full service, i.e. passenger, cargo and mail.
There is currently no non-stop service from JFK to St. Petersburg. Connecting service is provided mainly by foreign carriers. Finnair, Lufthansa and SAS are the leading competitors in the US-Russia market. KLM, British Airways, Air France, Austrian Airlines, Ukraine Airlines and Swiss International also provide service. United Airlines code shares with Swiss International and Lufthansa flights into St. Petersburg. Delta and two Russian airlines, Aeroflot and Transaero, currently operate between JFK and Moscow. With the exception of the JFK-Moscow route, there exists no non- stop competitive air transportation service on the routes for which Baltia intends to apply.
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