Diligence memo · auto-generated · as of July 2, 2026
Baltia Air Lines Inc
Baltia Air Lines Inc looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Baltia Air Lines Inc operates in Airlines and Airports, based in NEW YORK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Baltia Air Lines Inc has raised $3.9M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $10M on 2015-07-01.
Most recent recorded round closed around 2017-03-09.
Valuation (modeled)modeled
Provath models Baltia Air Lines Inc at approximately $1.8M (range $430K–$9.8M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.06× the median modeled value of Series A Airlines and Airports companies in 2016–2018 (6 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 15 months.
Last raise 9.3 yr ago; this sector typically re-raises about every 9 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 46% of Airlines and Airports peers (76 compared).
Modeled value ranks above 13% of those peers.
Closest niche peers: Allure Airways Inc., Hawaii Island Air, Inc., Paul Joseph Posti Jr, Cal Jet Air LLC, One Jet, Inc..
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.