SECURITIES AND EXCHANGE COMMISSION
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WASHINGTON, D.C. 20549
FORM 8K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF Date of report: May 21, 2013
BALTIA AIR LINES, INC.
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New York (State or other jurisdiction of incorporation or organization) | 11-2989648
(IRS Employer Identification No.) | |
JFK INTERNATIONAL AIRPORT | ||
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Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2.
below):
[__] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [__] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [__] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [__] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)). | ||
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INFORMATION TO BE INCLUDED IN THE REPORT Item 2.01. Completion of Acquisition or Disposition of Assets On May 14, 2013, Baltia Air Lines acquired and filed with the Federal Aviation Authority the purchase of one Cessna Citation aircraft, which the Company intends to use for its continuous staff travels between operations offices at John F. Kennedy Airport and Willow Run Airport. The aircraft was purchased from Transportation Plus, LLC, a Wyoming-registered company, not affiliated with any of Baltia's officers, directors, or associates. Baltia issued 15,000,000 of the Company's common shares, valued at $300,000, for the aircraft. The value is calculated by multiplying the amount of shares by $0.02, the market share price as of the date of registration with FAA. Baltia believes that this purchase will promote efficiency and economy throughout the certification process. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Baltia Air Lines
/ ____signed___ / May 21, 2013 | ||