Baltia Airlines of USA, founded in 1989 didn’t fly a single commercial flight, has accumulated loss of $119million, couldn’t get a certification from federal Aviation Authority (FAA) to fly, due to shortcoming in evacuation slides.
The original intention was to have non-stop flights from New York to St. Petersberg which never got realized. It had purchased second hand aircrafts but nothing could earn the certification to fly.
Then in 2016 it had an idea of leasing out a newer, more fuel efficient aircraft so that the certificate to fly could be won. But later that also was abandoned. Ultimately it has decided to operate with new brand name USGlobal, make significant corporate and operational changes and become one of America’s premier international and customer-centric carrier.
It’s hoping to serve global markets between the US and cities that participate in the US-EU Open Skies Agreement, but this is the market where the fastest growing Norwegian budget airline is operating.