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StanleyK
$BLTA ~ Baltia, DBA USGlobal Airways Due Diligence Report ~
NOTE: Baltia Air Lines, is DBA USGlobal Airways, Inc.
Company name: USGlobal Airways, Inc.
Company website: https://www.usglobal.com/
Recent News
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~ USA Today Video...
~ Latinus Magazine & TV Article and Video...
~ Fios 1 News Video...
~ TWC News Video...
~ Nico Anthony Vice President, Marketing & Business Development. Video...
~ Press Conference May 11, 2017 Video...
~ Radio Station WPDH - Direct Flights to Russia, Mediterranean Coming From Stewart. Read More...
~ MidHudsonNews.com - New airline plans Stewart to Europe service. Read More...
~ MidHudsonNews.com - Follow-up - Local officials optimistic about new European service from Stewart Internation Airport. Read More...
~ Times Herald-Record - USGlobal Airways eyes take-off from Stewart. Read More...
~ Times Herald-Record - USGlobal Airways held a shareholders meeting at Stewart International Airport in Newburgh on Thursday, May 11, 2017. Read More...
~ Financial News co.uk - USGlobal Airways plans to use Stewart International Airport as its main hub. Read More...
~ MidHudsonNews.com - US Global expected to be major player in the region. Read More...
~ Conde Nast Traveler - Why New York's Stewart Airport May Be the Next Budget Air Travel Hub. Read More...
~ NPR Radio Station WAMC Read More and Listen...
~ ch-aviation.com - Baltia Air Lines to rebrand, eyes Euro ops from Stewart. Read More...
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USGlobal Airways Recent Press Release and SEC Filings
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September 1, 2017 United States Securities and Exchange Commission
[SEC] ~ 8-K Report of unscheduled material events or corporate changes - On August 30, 2017, Baltia Air Lines, Inc. dba USGlobal Airways (the “Company”) entered into a stock purchase agreement (the “Agreement”) with AerLine Holdings Inc. (“AerLine”) for the purchase of all of the issued and outstanding shares of capital stock of Songbird Airways, Inc. (“Songbird”), a wholly owned subsidiary of AerLine, for an aggregate purchase price of $6,500,000 (the “Acquisition”) to be paid in cash, plus any amounts related to certain pre-paid assets of Songbird. The Acquisition is scheduled to close on October 15, 2017 (the “Scheduled Closing Date”), but in no event later than October 31, 2017, and the Company is required to present proof of sufficiency of funds to AerLine fifteen days prior to such Scheduled Closing Date. The Company previously made a good-faith deposit of $1,000,000 with a third party escrow agent, which funds were released to AerLine on September 1, 2017.
Read More...
EXHIBIT 10.1...
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August 4, 2017 United States Securities and Exchange Commission
[SEC] ~ 8-K Report of unscheduled material events or corporate changes - Effective as of August 4, 2017, Daniel J. Buckley resigned from his position as Chief Financial Officer of Baltia Air Lines, Inc. dba USGlobal Airways (the “Company”), and the Board of Directors (the “Board”) of the Company appointed Mario A. Conte as Interim Chief Financial Officer. Mr. Buckley will retain his employment with the Company as Vice President of Finance. To the knowledge of the Company’s executive officers, the resignation of Mr. Buckley as Chief Financial Officer was not the result of any disagreement by him with the Company on any matter related to the Company’s operations, policies or practices that led to his decision to resign from such position.
Read More...
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July 24, 2017 USGlobal Airways Provides Second Quarter 2017 Update in a Letter from its Chairman & President
[LETTER TO SHAREHOLDERS] ~ USGlobal Airways, today announced that Anthony D. Koulouris, Chairman of the Board and President, issued a letter to company shareholders providing an update on recent corporate developments including a statement saying they recently "signed and submitted a formal, definitive purchase agreement to complete the acquisition" of Songbird Airways.
The full text of the shareholder letter is available here...
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June 27, 2017 United States Securities and Exchange Commission
[SEC] ~ 8-K Report of unscheduled material events or corporate changes - On June 15, 2017, Baltia Air Lines, Inc. dba USGlobal Airways (the “Company”) entered into a non-binding letter of intent with AerLine Holdings LLC (the “LOI”) for the exclusive right to acquire of all of the issued and outstanding shares of capital stock of Songbird Airways, Inc. (“Songbird”) for an aggregate purchase price of $6,200,000 (the “Acquisition”).
Read More...
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June 26, 2017 United States Securities and Exchange Commission
[SEC] ~ Form 3 Initial statement of beneficial ownership of securities - Ned L. Siegel
Read More...
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June 23, 2017 United States Securities and Exchange Commission
[SEC] ~ 8-K Report of unscheduled material events or corporate changes - On June 19, 2017, the Board of Directors (the “Board”) of the Baltia Air Lines, Inc. dba USGlobal Airways (the “Company”) appointed Ambassador Ned L. Siegel as a director of the company.
Read More...
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June 23, 2017 United States Securities and Exchange Commission
[SEC] ~ 8-K Report of unscheduled material events or corporate changes - On June 19, 2017, the Board of Directors of the Baltia Air Lines, Inc. dba USGlobal Airways concluded that the audited financial statements for the fiscal year ended December 31, 2015...
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June 13, 2017 United States Securities and Exchange Commission
[SEC] ~ 8-K Report of unscheduled material events or corporate changes - On May 11, 2017, Baltia Air Lines, Inc. (the “Company”) held a special meeting of stockholders (the “Meeting”) at which the Company’s stockholders voted on...
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May 25, 2017 United States Securities and Exchange Commission
[SEC] ~ 8-K Report of unscheduled material events or corporate changes - On May 22, 2017, Baltia Air Lines, Inc. (the “Company”) completed its “best efforts” private placement offering (the “Offering”) of up to $1,000,000 of Series C Preferred Stock...
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May 17, 2017 United States Securities and Exchange Commission
[SEC] ~ 8-K Report of unscheduled material events or corporate changes - On May 11, 2017, Baltia Air Lines, Inc. (the “Company”) held a special meeting of stockholders (the “Meeting”) at which the Company’s stockholders voted on...
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May 17, 2017 United States Securities and Exchange Commission
[SEC] ~ Form 3 Initial statement of beneficial ownership of securities - Daniel J. Buckley
Read More...
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May 11, 2017 United States Securities and Exchange Commission
[SEC] ~ Report of unscheduled material events or corporate changes - On May 9, 2017, Baltia Air Lines, Inc. entered into an Aircraft Lease Agreement with Kalitta Air, LLC...
Read More...
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May 9, 2017 United States Securities and Exchange Commission
[SEC] ~ Report of unscheduled material events or corporate changes
Read More...
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April 24, 2017 United States Securities and Exchange Commission
[SEC] ~ Official notification to shareholders of matters to be brought to a vote (Proxy)
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April 14, 2017 United States Securities and Exchange Commission
[SEC] ~ Information Required In Proxy Statement Proxy Statement Pursuant to Section 14(a).
Read More...
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April 13, 2017 Baltia Air Lines Provides First Quarter 2017 Update in a Letter from Its Chairman & President
[Business Wire] ~ Baltia Air Lines, Inc. today announced that Anthony D. Koulouris, Baltia’s Chairman of the Board and President, issued a letter to company shareholders providing an update on recent corporate developments. The full text of the shareholder letter is provided below.
Read More...
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March 23, 2017 United States Securities and Exchange Commission
[SEC] ~ Official notice of an offering of securities that is made without registration under the Securities Act in reliance on an exemption provided by Regulation D and Section 4(6) under the Act.
Read More...
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February 28, 2017 Baltia Air Lines Appoints John Lampl Vice President Corporate Communications
[Business Wire] ~ John W. Lampl, a 40 year veteran of the international airline industry, has been appointed Vice President Corporate Communications for the USA based international air carrier Baltia Air Lines, Inc. which is currently undergoing restructuring.
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February 03, 2017 Baltia Update
[Business Wire] ~ Baltia Air Lines, Inc. announced today that progress continues with the Company’s air carrier certification process as well as its restructuring.
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January 30, 2017 ITEM 8.01 Other Events
[SEC] ~ 8-K Report of unscheduled material events or corporate changes.
Read More...
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January 11, 2017 Changes in Registrant's Certifying Accountant.
[SEC] ~ 8-K Report of unscheduled material events or corporate changes.
Read More...
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December 21, 2016 Entry into a Material Definitive Agreement
[SEC] ~ 8-K Report of unscheduled material events or corporate changes. On December 15, 2016, Baltia Air Lines, Inc., a New York corporation "The Company" / "Lessee", and KALITTA AIR LLC, a limited liability company "Lessor", entered into a legally binding letter of intent for the lease of one Boeing 767-300ER aircraft, serial number 26234, to be delivered on or before April 1, 2017 or as otherwise agreed, to Oscoda, Michigan, on terms to be determined following inspection of the aircraft by the Lessee and execution of an Aircraft Lease Agreement, for an initial term of 12 months, .
The Company has deposited $10,000 as a refundable deposit to secure this letter of intent. Both parties will bear their own costs related to the transaction, and have agreed to secure approval of their respective corporate bodies within 10 days of the execution of the Lease Agreement.
This Letter of intent has been signed by D.C. Sanderlin, Vice President and General Manager of the Lessor, and by Anthony D. Koulouris, President of the Company.
Read More...
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November 01, 2016 United States Securities and Exchange Commission
[SEC] ~ 8-K Report of unscheduled material events or corporate changes. The Board of Directors of the Company (quorum present) met in special session on October 31, 2016 and concluded the following business affecting the Board and Officers of the Company.
1.Receipt and acceptance of the resignation of Russell K. Thal as Director, President, and Board Member of the Company .
2.Nomination and election of Anthony D. Koulouris to serve as President of the Company.
3.Nomination and election of Conrad Kalitta, CEO of Kalitta Air, to serve as a Director on the Board of Directors of the Company.
4.Receipt and acceptance of resignation of Frank A. Acquavella as an Officer (VP Operations / Director of Flight Operations) and Director of the Company.
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