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

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 02.19.18

Airborne-UnManned 02.20.18

Airborne 02.14.18

AMA Drone Report 02.15.18

Airborne 02.16.18

Airborne-YouTube

Airborne 02.19.18

Airborne-UnManned 02.20.18

Airborne 02.14.18

AMA Drone Report 02.15.18

Airborne 02.16.18

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

Airborne 02.19.18: TruTrak Vizion Approvals, 737 MAX 9 Cert, Airplane Loan Scam

Also: Frasca Celebrates 60 Years, Klyde’s 40th!, European Plan For AvSafety, Texas Aviation Hall Of Fame The STC for the TruTrak Vizion autopilot has been updated to include >[...]

Airborne-Unmanned 02.13.18: FAA UAS Symposium, Airbus Delivers, Manned EHANG 184

Also: UAS Pilot Code, FAA Drone Program, SkyWatch Funding, Quantix Hybrid UAS For Farmers The FAA and AUVSI will co-host the 3rd Annual FAA Unmanned Aircraft Systems (UAS) Symposiu>[...]

AMA Drone Report 02.15.18: AMA Expo East, Skydio R1, TSB Canada Report

Also: DJI Knowledge Quiz, GoFly Competition, Drone ID Rules Coming, FAA Unenthusiastic About Prosecuting? The Academy of Model Aeronautics will host the annual AMA Expo East at the>[...]

Airborne 02.19.18: TruTrak Vizion Approvals, 737 MAX 9 Cert, Airplane Loan Scam

Also: Frasca Celebrates 60 Years, Klyde’s 40th!, European Plan For AvSafety, Texas Aviation Hall Of Fame The STC for the TruTrak Vizion autopilot has been updated to include >[...]

Airborne-Unmanned 02.20.18: USMC InstantEye, Raleigh Reconsiders, Battle Drones

Also: Fortem DroneHunter, Solar-Powered Rover, Drone Mkt Worth $48.88B, MQ-25 Partnerships InstantEye Robotics has received a substantial order from PMA-263, the Navy and Marine Co>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC