Baltia’s goal is to become the leading U.S. airline in the trans-Atlantic market between the major U.S. cities and the capital cities of Eastern Europe, including Russia, Latvia, Ukraine, and Belarus. With experienced management and in a lucrative and growing travel market Baltia intends to successfully capitalize on this opportunity.
Baltia’s objective is to provide high quality three-class passenger service, and reliable cargo and mail transportation. Baltia plans to start its flight operations during 2013, as the only U.S. airline connecting directly two of the world’s most prominent cities – New York and St. Petersburg.
Baltia’s non-stop service from New York’s JFK to St. Petersburg will be approximately 8 hours, as compared to European connecting flights on foreign airlines taking 11 to 18 hours. Only a U.S. airline (as well as a reciprocal Russian airline) is entitled to fly non-stop. “Third nation” airlines, which are currently serving the market, can only operate connecting flights via their national airports.
Management believes that the shortened flight time, elimination of a layover, elimination of the possibility of missing a connecting flight, and a high quality passenger service provided by a U.S. airline will attract the business traveler, ethnic traveler, and high-end tourist. During year one, Baltia plans to add additional airplanes and nonstop routes from JFK to Riga, Moscow, Kiev and Minsk. Baltia projects revenues to exceed $90 million annually with just a 64% passenger load
