Way too quiet!! I've read over the press releas
Post# of 41413
I've read over the press releases a few times and I'd just like to share some of the points that interest me the most.
Here's a couple quotes from Tony in the November 4th PR:
"My vision for this airline is to create a brand that will fill an important and much needed niche in international travel."
"We will leverage existing technologies and enhance efficiencies to create a model that will provide profitability and multiple revenue streams upon implementation."
"Towards that end, I have begun the process of assembling an experienced team of aviation and business professionals to complement the powerful team that is already in place."
From the December 16th PR:
Capt. D. E. Kramer, Baltia's Chief Pilot, stated, "The Boeing 767-300ER is an outstanding choice of aircraft to operate between North America and Europe, and even to continue on to the Middle East region."
Baltia's Chief of Operations, Ms. Sheryle Milligan stated, "We are very fortunate to have a forward thinking executive team that has a demonstrated faith in our success which includes a strong commitment to our shareholders and employees."
With that information in mind, I'm really looking forward to hearing more about our re-branded airline, the niche they will be targeting, and the multiple revenue streams they are looking to create. Looking at the statements from Tony and Kramer, it appears international travel is still the plan and it might include more than St. Petersburg (if it still includes St. Petersburg at all).
I also find it encouraging that Tony is looking to add more aviation and business professionals to the team. This statement was made after the addition of Connie, so there should be more to come.
Sheryle's statement that the team is committed to the shareholders is also very encouraging.
At this point in time, all we have are the PRs and the LOI. Naysayers will try to poke holes in all of the information we've been given and will bring up the failures of the past. The only question right now is whether or not you believe the information we are getting from our NEW team. Personally, I believe them.
Obviously, we don't know about the plans for financing going forward and the impending restructuring, but the last couple of PRs and 8-Ks are still very encouraging to me.
Would Connie sign a lease with a company that couldn't afford to meet the terms of the lease? He's on the board, he knows their financial situation.
I think we're in good hands and I'm very excited about our future going forward.