Baltia/USGlobal Airways Changes Their Business Plan... Again
This is just so amusing to me that I can't not write about it. For those of you not familiar with USGlobal Airways, until recently they were known as Baltia Air Lines, the oldest airline startup that never took to the skies. Here's the latest update, which I suspect shouldn't come as much of a…
Continue reading: Baltia/USGlobal Airways Changes Their Business Plan… Again
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"We are keen on moving in a direction which will expedite the generation of revenue and profitability for this company"
???
What "revenue generation"? Anyone ever seen any revenue reported in 20 years?
I guess there is enough funny-money among well-heeled for this to float for long, long time.
Hahahahaha, funniest shit ever. Taking a page out of Trump's playbook, "We will be announcing more details about the new direction in the coming weeks", believe me 🙂
While I appreciate the updates on Baltia/USGlobal and do find the situation humorous, at best, why do you insist on spending so much time and energy on continually bashing this company? It doesn't take a genius to know that the company will never get off the ground, but why are you so obsessed with pointing out the flaws? I could see you wanting to expose the company for being a scam/fraud if they canceled their flight you were booked on at the last minute and left you stranded.
I typically don't mind a vendetta against a company that has done you wrong or scorned you in some way. Unless I'm wrong, they've actually gone out of their way to try and convince you this company will actually have planes flying at some point in the future? Updates are fine if they're more informative in nature; however, your updates are so hellbent on exposing USGlobal and its employees for being the scum of the Earth. If someone is crazy enough to fly them one day (depending on whether they actually acquire a plan, crew, etc.) without doing their research, that's on them.
Your outlook on USGlobal reminds me of the current season of Real Housewives of Atlanta, particularly Kim. Her only motive for coming back (other than a check) is to take down Kenya. There's already enough negativity in the world, so your blog could do without the constant criticism and shade being thrown at USGlobal Airways, no? I just think you're better than this.
please keep a tab on these guys! love your continued coverage of this company and what other tricks they have up their sleeves.
I love these random articles on BALTIA - I think it's so ridiculous and the fact that they file 8Ks, as they're a listed entity is just wild.
Ahaaaa.... So refreshing... Keep posting updades please, can't wait their next move !
They are an investment scam to originally steal from new immigrants from russia.
Fortunately the DOT found Baltia unfit during their review of their application to acquire Songbird's certificate.
As a deal sweetener, Aerline got to keep the $1,000,000.00 Purchase Deposit.
Ben, you are an idiot. You just gobbled up whatever is thrown at you and write about without any research. Over half the stuff you wrote is made up! Regional airline? Are you that stupid? It was NEVER presented as a plan by the former company.
By the way, you are a laughing stock in the avaiton industry. Read your other articles....you are just a wanna be douche.
Tony is going to end up serving some time. Perhaps he could share a cell with Michael Flynn?
@Karen... the lady doth protest too much, methinks.
Be honest, how is life on the Baltia payroll treating you?
@Karen - so you wouldn't call an airline flying between Baltimore, Trenton, Islip, and Albany a regional airline?
@Chris - Ben spends time (probably not much, but some) bashing Baltia, or US Global, or whatever they'll be called next week, because it's just sad to see these people continue to delude themselves (or anyone they try to sell stock to) that they actually have a viable business plan. It's just like the way the deluded team that kept trying to start production of an upgraded Fokker100 were bashed for years on airliners.net..at first you kind of wanted them to succeed, but it just got pathetic after a while.
And Baltia is even stranger than Rekkof was - they bought a 747 and let it sit for OVER 20 YEARS. You'd think somewhere in there the little light that says "wow, this is really stupid!" would have come on.
So we mock because the total lack of anything resembling business (or common) sense creates a vacuum that must be filled.
@OceanRain17, agree. I can’t believe there are any legitimate investors remaining (inside the US at least). Would be amazed if this was not functioning as a vehicle for laundering cash.
These updates are hilarious and informative, thanks Lucky!
I don't like bens criticism of "La Compagnie" but think Baltia is well deserved.
They even went as far as hiring people on the songbird deal knowing they could not pay them and never mentioned it to the new folks. Tony, Sheryl, are a joke...I would urge everyone out there with bogus checks, promises, and anything in writing to seek legal counsel in collection. The aviation industry has kept them from operating as an airline because they are not fit to do so, perhaps state, federal, and local laws could keep them from continuing the scams they are running. Someone has to be responsible for the fraud and actions of the officers of this company. Oh yeah, the favorite saying is "we will have funding next week". If they ever saw any funding, it went in somebody's pocket before paying employees.
Well, its finally over. SEC has suspended trading on BLTA. Yet still, there are believers that somehow they'll come back from this "setback." Truly unbelievable.
Well that aged welll @Karen. Are you guys at Baltia still planning to fly from New York to ST PETERSBURG IN 2025? !!!!!!11!!111!!!1!111!!!! 😉
