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Aviation News

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Aviation News Item: 04209

21st Jan 2010

Baltia Air Lines signs engine leasing agreement

Source: evaint.com

Baltia Air Lines announced today that it has signed an engine lease agreement with Logistic Air. Baltia's executive vice president 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."

Baltia Air Lines, Inc is a New York corporation with base of operations in Terminal 4 at JFK International Airport in New York.

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