Update and Clarification of Utilicraft - Babcock Brown Announcement | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Tue, Feb 08, 2005

Update and Clarification of Utilicraft - Babcock Brown Announcement

No, No Deal... Yet

From Utilicraft...

As a clarification of the Babcock and Brown announcement made last week by Utilicraft Aerospace Industries, Inc., Babcock & Brown has confirmed with Utilicraft that it had not signed an engagement letter with Global Air Group or Afra Airlines at that time, and has not to date.

After further discussions with Babcock and Brown on Friday of last week, Utilicraft understands from Babcock and Brown that Global/Afra will not be utilizing their firm.

As a result of discussions last week with Global Air Group/Afra Airlines, Utilicraft anticipates that Global/Afra will be making final decisions and announcements regarding their finance program in the very near future. Global/Afra stated that they are enthusiastic and excited about moving forward on the program to develop the African feeder cargo market.

FMI: www.utilicraft.com

Advertisement

More News

ANN's Daily Aero-Linx (04.17.24)

Aero Linx: Space Medicine Association (SMA) The Space Medicine Association of the Aerospace Medical Association is organized exclusively for charitable, educational, and scientific>[...]

ANN's Daily Aero-Term (04.17.24): Jamming

Jamming Denotes emissions that do not mimic Global Navigation Satellite System (GNSS) signals (e.g., GPS and WAAS), but rather interfere with the civil receiver's ability to acquir>[...]

ANN's Daily Aero-Linx (04.18.24)

Aero Linx: Warbirds of America The EAA Warbirds of America, a division of the Experimental Aircraft Association in Oshkosh, Wisconsin, is a family of owners, pilots and enthusiasts>[...]

Aero-News: Quote of the Day (04.18.24)

"From New York to Paris, this life-size replica of the Webb Telescope inspired communities around the world and, in doing so, invited friends and families to explore the cosmos tog>[...]

ANN's Daily Aero-Term (04.18.24): Hold-In-Lieu Of Procedure Turn

Hold-In-Lieu Of Procedure Turn A hold-in-lieu of procedure turn shall be established over a final or intermediate fix when an approach can be made from a properly aligned holding p>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC