Airline with checkered past plans Stewart-Europe flights

[brooklynite]

Times Herald-Record:

STEWART AIRPORT – Another aspirational airline with no planes and no track record is poised to rebrand itself and relocate to Stewart International Airport, where it eventually plans to offer passenger flights to Europe.

The airline, founded as Baltia Air Lines in 1989, will ask shareholders Thursday to change its name to USGlobal Airways Inc. and to approve a reverse split of its over-the-counter stock (BLTA). The special meeting is being held at Stewart.

In its proxy statement filed with the Securities and Exchange Commission, the company said the changes would provide “a new identity moving forward” and “enhance the acceptability and marketability” of common stock that has been trading for a fraction of a penny.

Over the past 18 months, Baltia’s founder, Igor Dmitrowsky, has died, and its vice president for finance, Barry Clare, has faced SEC charges of acting as an unregistered broker for sales of the company’s stock – its sole source of revenue.

Probably just those "burdensome regulations" Trump is getting rid of.

[BeyondGeography]

1. That said

It would be pretty cool if upstaters could one day fly to Europe from Stewart. Not bad for the tourism economy on the inbound side either.

[brooklynite]

2. You mean like in July? On an actual airline?

Stewart Airport: Norwegian Air to fly to Ireland, Scotland this summer

Norwegian Air will be flying to Ireland and Scotland from Stewart International Airport starting this summer — all for as low as $65 one way.

The airline on Thursday confirmed the details of its plans to begin service out of the Orange County airport to Europe. The flights will including daily service to Edinburgh and Dublin, three times weekly to Belfast and twice weekly to Shannon during the summer months and are being billed as the "cheapest transatlantic flights ever."

Tickets are on sale now.

http://www.lohud.com/story/money/business/2017/02/23/stewart-international-airport-ireland-scotland/98294176/

Tickets start at $199 o/w, including taxes.

[BeyondGeography]

3. It's a start, yes

Please join me in wishing them well.

[crazycatlady]

4. can't be any worse than United