Baltia Air Lines Inc., (Ypsilanti and New York-JFK) has announced it has signed a letter of intent (LOI) to lease a Boeing 767-300 ER aircraft from Kalitta Air, LLC. The terms of this lease and details of the aircraft will be disclosed in a subsequent filing with the SEC.
The would be carrier is in process of re-starting the FAA Air Carrier Certification program.
Plans to unveil the new company are still being finalized and will be made public during the next shareholders meeting. Announcement of the next meeting date will be made sometime in January 2017.