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Old 26th Jan 2010, 19:04
  #11 (permalink)  
carholme
 
Join Date: Oct 2004
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Baltia/Logistic

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Copied from AviTrader this week:

» Baltia Air Lines signs engine leasing agreement

Baltia Air Lines has signed an engine lease agreement with Logistic Air. Baltia's executive vice president Mr. 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."

This sounds like a marriage made in heaven!
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