Baltia Air Lines in Discussions With Prospective Investors NEW YORK, April 19 /PRNewswire-FirstCall/ -- Baltia Air Lines announced that it is in discussions with potential investors with a view to making an investment in the company. While there has been no definitive agreement as of this date, Baltia expects that it will have sufficient funds for the FAA air carrier certification process. Baltia is a US startup airline proposing to operate in a niche market, flying nonstop from New York's JFK Airport to St. Petersburg and to other cities within Russia and the Baltic region. "Baltia's marketing staff has experience in this niche market and our operations staff has years of major air carrier experience," President and CEO Igor Dmitrowsky said. The start of service is planned with one 747 aircraft. Safe Harbor: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward- looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies. DATASOURCE: Baltia Air Lines CONTACT: Bob Strom, Dir. Public Relations of Baltia Air Lines, +1-760-883-5808 Web site: http://www.baltia.com/

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