Baltia Air Lines, Inc. (OTC Pink: BLTA) is engaged as an airline service, which hopes to specialize in U.S. trans-Atlantic flights, cargo, and mail transport. Shares of the airliner are rallying 13.33%, through early trading on Thursday, March 2, 2017. Over the past month, Baltia Air Lines, Inc. has seen average daily volume of 11.39 million shares. However, volume of 11.14 million shares or dollar volume of $56,814, has already exchanged hands today.
Shares of Baltia Air Lines, Inc. are climbing Thursday, after the company announced that they have appointed a new vice president of corporate communications, John Lampl. Mr. Lampl has 40 years of experience in the international airline industry and will be a key asset in seeking FAA certification. Here is the full press release detailing of the new VP of corporate communications:
Baltia Air Lines, Inc. Press Release:
NEW YORK–(BUSINESS WIRE)–John W. Lampl, a 40 year veteran of the international airline industry, has been appointed Vice President Corporate Communications for the USA based international air carrier Baltia Air Lines, Inc. which is currently undergoing restructuring. The announcement was made today by President, Anthony D. Koulouris. Baltia Air Lines, based in New York, with operations in Michigan has plans to operate non-stop flights to a variety of destinations covered in the Open Skies agreement which permits any airline of a participating foreign nation and any airline of the United States to fly between any point in those respective nations and any point in the United States. The proposed start-up airline is undergoing a complete reorganization and is in the process of seeking United States Government FAA certification under the new financial, operational and managerial restructuring. “We are looking forward to tapping the knowhow of John Lampl’s long and successful experience at British Airways,” said Koulouris. “As the international airline industry propels itself forward and into the soaring era of new technology, social media, environmental sensitivities and geo-political change, Baltia Air Lines will position itself, under a new management team, to instill a unique and fresh sense of superior quality customer service and satisfaction at both ends of the Transatlantic marketplace resulting in an unparalleled passenger experience.” “There are still numerous Transatlantic route combinations that are under-served or not served at all by the present-day carriers, and it is our objective that Baltia Air Lines, with government approvals, will quickly fill that gap,” Koulouris continued. Lampl was born and raised in Los Angeles and he obtained his B.A. and M.S. degrees at UCLA. Following his active service in the U.S. Army, he worked in the Public Relations department at American Express Co. before joining British Airways. He and his wife live in New York City.
Cautionary Statement Regarding Forward-Looking Statements
This press release may contain statements relating to future results or events, which are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Words such as “expects,” “intends,” “plans,” “may,” “could,” “should,” “anticipates,” “likely,” “believes” and words of similar import may identify forward-looking statements. These statements are not historical facts, but instead represent only the Company’s belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company’s control. It is possible that the Company’s actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Further, information concerning the Company and its business, including factors that potentially could materially affect the Company’s business and financial and other results, are contained in the Company’s filings with the Securities and Exchange Commission, available at www.sec.gov. All forward-looking statements included in this press release are made only as of the date of this press release, and we do not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which we hereafter become aware.