Baltia Air Lines announces engine lease agreement

Jan 20, 2010 (AIRLINE INDUSTRY INFORMATION via COMTEX) --

Company: Baltia Air Lines, Inc. (BLTA)

Baltia Air Lines (OTCBB:BLTA), a New York-based airline that operates services between major US cities and capital cities of Eastern Europe, reported today that it has entered an engine lease agreement with Logistic Air.

The power-by-the-hour engine lease agreement with Logisitic Air includes support.

Financial details of the agreement were not disclosed.

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Company: Baltia Air Lines, Inc. (BLTA)

Related terms: airline, europe, new york

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