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 10.29.14 ** HD iPad-Friendly -- Airborne 10.29.14 **
** Airborne 10.27.14 ** HD iPad-Friendly -- Airborne 10.27.14 **
** Airborne/NBAA2014 10.24.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.24.14 **

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

Airborne 10.29.14: Antares Launch Failure, GAMA Responds, Another 'Roadable'???

Also: Dragon Returns, Quadcopter Flown At Airliner?, Classic Aero-TV: Redhawk, Diesel Flt School Airplanes, WWII Bomber Found The unmanned Antares rocket built by Orbital Science C>[...]

Classic Aero-TV: ‘Have it Your Way!’ – The SPA Panther

A New Single-Seat SportPlane Shows Great Potential For Serious Fun While at the Sport Aviation Expo 2014, ANN CEO and Editor-In-Chief, Jim Campbell stopped by to talk with Dan Wese>[...]

AD: Bombardier, Inc. Airplanes

AD NUMBER: 2014-21-07 PRODUCT: Certain Bombardier, Inc. Model CL-600-2C10 (Regional Jet Series 700, 701, & 702) airplanes, Model CL-600-2D24 (Regional Jet Series 900) airplanes>[...]

AD: Airbus Airplanes

AD NUMBER: 2014-21-10 PRODUCT: Certain Airbus Model A330-200 and -300 series airplanes, and Model A340-200 and -300 series airplanes.>[...]

ANN's Daily Aero-Linx (10.31.14)

Ex-MACs This group is made of retired McDonnell Engineers, most of whom began their careers at MAC either on the F101, F3H or F4H programs.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC