Baltia Air Lines (BLTA) Stock Price, News & Analysis

Company Overview

Baltia Air Lines, Inc. is a U.S.-based aviation company organized in 1989 with the objective of establishing scheduled air service between the United States and the Baltic region of Northern Europe. Headquartered in Farmingdale, New York, Baltia holds economic authority from the U.S. Department of Transportation to operate transatlantic passenger service. Despite obtaining regulatory approval for routes connecting New York and Detroit to Riga, Latvia, the airline has yet to commence regular scheduled operations.

The company’s core business activities revolve around aircraft acquisition and leasing, crew training, and route development. Baltia has pursued the procurement of suitable aircraft through purchase or dry lease arrangements, as well as the recruitment of qualified flight and ground personnel. Its planning efforts have included securing airport slots, negotiating handling agreements at destination airports, and ensuring compliance with both U.S. and European aviation safety regulations.

Baltia Air Lines has targeted markets in the Baltic states, particularly Latvia, with a focus on providing direct connectivity between North America and Northern Europe. Over the years, the company has explored partnerships with regional carriers in Eastern Europe to facilitate codeshare arrangements and enhance feeder traffic. While its initial route proposals emphasized U.S. gateway cities such as New York and Detroit, Baltia has periodically reviewed alternative city pairs in response to market demand and regulatory developments.

The leadership team is led by George A. Batchelor, who serves as President and Chairman of the Board. Under his direction, Baltia has pursued a phased approach to commercialization, balancing regulatory compliance and operational readiness. To date, the airline continues to maintain its authority to operate transatlantic services while working toward fulfilling its original mission of delivering low-cost, point-to-point air travel between North America and the Baltic region.

Key Stats

• Today's Range: $0.0001 to $0.0001
• 50-Day Range: N/A
• 52-Week Range: $0.0001 to $0.0026
• Volume: 6,500 shs
• Average Volume: 601,046 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

BLTA Stock Analysis - Frequently Asked Questions

How have BLTA shares performed this year?

Baltia Air Lines' stock was trading at $0.0001 at the beginning of the year. Since then, BLTA shares have increased by 0.0% and is now trading at $0.0001.

How do I buy shares of Baltia Air Lines?

Shares of BLTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Baltia Air Lines own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Baltia Air Lines investors own include SES AI (SES), Affinity Networks (AFFN), American Heritage International (AHII), American Battery Technology (ABAT), Akoustis Technologies (AKTS) and Astera Labs (ALAB).

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Business Services
• Industry: Regional Airlines
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:BLTA
• CIK: 869187
• Web: www.baltia.com
• Phone: +1-718-9178052
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A