It's A Deal! 100 FF-1080 Freight Feeder Aircraft Sold | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne On ANN

ADR 02.20.17

Airborne 02.20.17

Airborne 02.21.17

Airborne 02.22.17

Airborne 02.23.17

Airborne 02.24.17

Airborne-HD On YouTube

ADR 02.20.17

Airborne 02.20.17

Airborne 02.21.17

Airborne 02.22.17

Airborne 02.23.17

Airborne 02.24.17

Sat, Nov 20, 2004

It's A Deal! 100 FF-1080 Freight Feeder Aircraft Sold

American Utilicraft Corporation and Global Air Group, Execute $1.2 Billion Aircraft Purchase Agreement

After 5 months of negotiations, American Utilicraft Corporation and Global Air Group, of Brisbane Australia, have reached final agreements for the purchase of 100 FF-1080 Freight Feeder Aircraft and executed an Aircraft Purchase Agreement earlier this week.

The Aircraft Purchase Agreement’s estimated value is approximately $1.2 Billion including the support, spares, and training packages, and calls for progress payments for the construction of the production aircraft to begin upon “First Flight” of the FF-1080 Prototype Aircraft, slated for mid November 2005.

The production FF-1080 settled upon by both Companies, will be the -300 version, which will accommodate the growing international freight feed market, and Global Air Group’s Europe and Africa B-747 freight operations. The FF-1080-300 is a slightly larger version of AMUC’s -200 developmental design.

“Because of the -200 development delays caused by 9/11, and the continued growth of the international air cargo market, it became apparent to the Company in early 2003, that the -200 would require design changes to meet current and future market demands” stated John J. Dupont, Chairman of AMUC.

“After extensive analysis of specific market segments, and discussions and meetings with global freight forwarders, it was clear that the shipping demands of the containerized feed segment would require a slightly larger production version of the 1080 to accommodate the A-1, A-2, A-3 and like containers, as well as the LD3” stated Dupont.

The FF-1080-300 that is being acquired by Global under this agreement, is the same basic airframe as the -200 but is 10 ft. longer, has a gross weight of 70,000 lbs., and can transport 20,000 lbs. up to 1,000 nautical miles, with reserves, in five A-1, A-2, or A-3 containers, or ten LD3 containers, or a combination of containers and pallets measuring 88 in. x 125 in. each.

FMI: www.globalairgroup.com, www.utilicraft.com

Advertisement

More News

Counting Down! ANN's Infamous April 1st Edition's Just Around The Corner!

Get Your Wacky Ideas In NOW! ANN E-I-C Note: Folks... we gotta warn you... our Annual April 1st Editions are LEGENDARY -- and this WILL be our best April 1st Edition yet. Based on >[...]

Daher Salutes The Service Entry Of Asia’s First TBM 930 Very Fast Turboprop

New Owner Upgrades From A TBM 850 Daher has announced the service entry of the initial TBM 930 based in Asia. It was delivered in December to Anutin Charnvirakul, who previously ow>[...]

Airborne 02.23.17: Sonaca 200, Yuneec H920 Plus, SpaceX Delays Mars Mission

Also: NextGen Blimps, AEA/HAI Coverage, L-39 Suit, Drone User Group, Red Arrows Pilot Inquest, 2nd T-50A, Steve Fossett Honored Sonaca Aircraft is getting ready to start certificat>[...]

Airborne 02.22.17: CAF Dixie Wing P-63A, AF1 Price Cut, SLS Manned Flt?

Also: Drone Light Show, Remotely Piloted Helos, TFR Busts, Gulfstream, XTI Aircraft, CA Airlines, Icelandair After more than 40 years since it’s last flight, the Commemorativ>[...]

Airborne 02.23.17: Sonaca 200, Yuneec H920 Plus, SpaceX Delays Mars Mission

Also: NextGen Blimps, AEA/HAI Coverage, L-39 Suit, Drone User Group, Red Arrows Pilot Inquest, 2nd T-50A, Steve Fossett Honored Sonaca Aircraft is getting ready to start certificat>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC