Baltia Air Lines signed a letter of intent to lease a Boeing 767-300ER aircraft from Kalitta Air. The terms of this lease and details of the aircraft will be disclosed in a subsequent filing with the SEC.

Baltia Air Lines President and CFO Anthony D. Koulouris said, “I am very happy and pleased with this latest accomplishment as we embark on a new era. As we continue to move forward with my vision and plan of transforming our company, we are also in the process of re-starting the FAA Air Carrier Certification program. Our restructuring and rebranding continues as we strengthen our team as well as our current and new alliances.”