Thursday, January 21, 2010

Baltia Air Lines Signs Engine Leasing Agreement

JAMAICA, N.Y., Jan. 20 /PRNewswire-FirstCall/ -- Baltia Air Lines announced today that it has signed an engine lease agreement with Logistic Air.
Baltia's executive vice president Mr. Russell Thal stated, "The power-by-the-hour engine lease agreement is the most economical way for a start-up carrier to operate its aircraft and reduces its expenditures and risks. The agreement with Logistic Air includes support......