I get a lot of emails from PR people, and unfortunately don't have time to respond to all of them. However, yesterday I received one that I not only read in full, but that caused me to immediately pick up the phone. Specifically, I got an email from USGlobal Airways' VP of Corporate Communications. He…
Continue reading: Twilight Zone: Baltia’s VP Of Corporate Communications Reached Out To Me
Share your questions, experiences, and thoughts below.
I was starting to believe they could be legit with the new executive group and the gutting of the old one, but saying they'll operate the 737 is a huge red flag for me. They need to pick a plan and stick to it
I'm curious to see if there'll be further fallout at Baltia/USGlobal (both are terrible names...they need a new VP of Marketing, apparently, too) when they read this post and see that you're likely still "confused" about this sham airline.
My guess is that these "announcements" give plausible reason for the stock price to move up and down. Real people buy low and sell high and realize capital gains. Mysterious overseas corporations buy high and sell low as they trade real money for paper losses. Not surprised about the Russian angle.
But why be so public about it?
USGlobal Airways sounds like one from one of the 70s disaster movies. Nor can you call yourself global based on a single route
Look at all the start ups that have failed
Totally reliant on point to point traffic
No back up in case of irregularities
No interline agreements
You can bet the vast majority would fly with a reputable carrier
Interesting they bought SongBird. Having worked for Songbird's sister company and Xtra, I can tell you the current owners were not willing to sell it if it was going to be a competitor to Xtra. Foolish thought and it cost them many deals... I'll believe the sale when I hear it from inside Songbird/Xtra.
Priceless:
"USGlobal Airways, on the other hand, sounds much more American." -take away the Global...
Ben: Thanks for the article, I haven't laughed this much in a long time!
Thank you for keeping us, frequent flyers, up to date with your wonderful articles and in depth reporting!
I look forward to reading every issue of your blog!
Keep up the good work!!!
I you look up their current CEO, it appears he was barred from the securities industry several years ago. It could also be someone else with the same name though.
https://brokercheck.finra.org/individual/summary/3011289#timelineSection
"Reached out to me". Lucky, he rang you. Fewer words. More accurate. Lose the stupid jargon.
@ Fred M -- Well, except it's not more accurate. I called him, not the other way around.