Baltia signs Letter of Intent to lease aircraft

Baltia Air Lines has signed a letter of intent to lease a Boeing 767-300ER aircraft from Kalitta Air. The terms of this lease and details of the aircraft will be disclosed in a subsequent filing with the SEC. Baltia Air Lines President & CFO, Mr. Anthony D. Koulouris stated “I am very happy and pleased with this latest accomplishment as we embark on a new era. As we continue to move forward with my vision and plan of transforming our company, we are also in the process of re-starting the FAA Air Carrier Certification program.