It is worth listing the babcock and Brown announcement as it shows the power of pprune to flush the wizard out yet again. After this one he could pop up in a town near you! What sort of mug is this guy from Utilicraft-is he in the same scam or just a dreamer!!!
Update and Clarification of Utilicraft - Babcock Brown Announcement
Business Wire: Saturday - February 5, 2005 – Utilicraft Aerospace Industries, Inc. - (Lawrenceville, Georgia) - 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.
About Utilicraft Aerospace Industries, Inc.
Utilicraft Aerospace Industries, Inc. was formed to target the significant problem of addressing the overnight express, supply chain, e-commerce, and global third party logistics entities inability to provide effective “containerized” fulfillment and distribution in the short haul (or feeder) route segments of air cargo. The result of the Company’s research and development is a new air vehicle, the FF-1080 Freight Feeder aircraft, capable of carrying standard industry air containers on short-to-medium range/medium density routes, and an integrated air cargo information system for the freight feeder market.
For more information visit the Company’s website at
www.utilicraft.com .
Contact:
Utilicraft Aerospace Industries, Inc.
John J. Dupont – President, CEO
(678) 376-0898
Fax: 679-376-9093
About Afra Airlines
Afra Airlines operates from premises at the Airport Residential Estate area of Accra where it currently employs 32 sales and administrative staff in its modern fully equipped offices. Flight operations are being handled with the assistance and technical support of Global Air Group which was recently reported as having purchased 100 of the new Utilicraft feeder freighters valued at $1.2Billion USD for deliveries commencing in 2007. Global Air Group, which is owned by Mr. Butler and his Ghanaian wife Simone Butler, owns and operates Boeing 747 passenger and freighter aircraft. Mr. & Mrs. Butler have moved to Accra to operationalize Afra Airlines, Afra Resorts & Holdings and Afra Air Cargo.
Contact:
Afra Airlines Ltd.
Luke Butler – Executive Chairman, CEO
7 Nortei Ababio Street
Airport Residential Area
Accra, Ghana.
Tel +233 244 932 488, +233 21 763396, +61 4 2383 0909
Email:
[email protected]