Baltia Claims 'Sufficient Capital' For 2011, But Seeking More Financing

Baltia Air Lines believes it has “sufficient capital to support our development stage operations through the end of 2011,” even though it ended 2010 with less than $53,000 in cash, the long-aspiring New York-based carrier says in a Securities and Exchange Commission filing on April 18. Baltia ended...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.