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  4. Baltia Air Lines Inc (BLTA) Message Board

Agreed Papa, we need to let management do their th

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Post# of 41414
Posted On: 05/25/2016 8:19:59 PM
Posted By: Carsmax177
Re: papa nasty #26540
Agreed Papa, we need to let management do their thing.

I mean the lease is for a multi year duration, multi million dollar plane. Its not something you wake up and decide "hey I feel like leasing a plane today" then go down to the local plane leasing branch and rent one. Contracts need negotiated and agreed upon. If you read any business books, such as Trump's Art of the Deal, you can see contract negotiations take time, there are many details that have to be ironed out. Even then, we don't know how they are leasing the plane--direct through manufacturer, leasing company, other airline, etc. Also, they could be bidding the plane out to many companies for the lowest price. The thing is we don't know what is happening in the process for leasing the plane, but there are probably alot of variables and steps involved, I mean they are leasing an airplane. We need to let management sort though it and it will take some time. I am invested here because I DD-ed the company, the business plan, and all of management's experience, and I believe that management can do this, this is a lucrative route, and there is possibility here. The thing to remember is this is a start up, not an operating airline. Things are going to take longer, whoever is invested here needs to understand that. Its not a reality show where things are going to happen once a week.

Bottom line: let management work and go focus on other things, that is what I am doing because I have faith this will eventually come to fruition, just need patience.

IMO


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