SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF Date of report: March 22, 2016
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 | ||
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)). | ||
INFORMATION TO BE INCLUDED IN THE REPORT ITEM 2.01 - Disposition of Assets By a aircraft purchase contract dated January 22, 2016, and not in the ordinary course of business, the Company disposed of a 1976 Cessna 500 business jet aircraft, Registration No. N606KR, Serial No. 500-0306 owned by the Company and utilized for business purposes. This aircraft was sold to Jet Air Inc., located at 1801 S. Riverside Drive in Iowa City, IA 52246 for cash in the amount of $42,500. This transaction was completed on March 16, 2016 and there is no material relationship between the Company and the purchaser, Jet Air Inc. 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 ___ / _____ March 22, 2016 ____ |