All You Wanted To Know about Luke Butler
Join Date: Mar 2004
Location: I have a feeling we're not in Kansas anymore
Posts: 27
Likes: 0
Received 0 Likes
on
0 Posts
Sounds like the Navajo Indians must have been doing a bit of "windtalking" amongst themselves.
I guess that multibillion $ deal for the new Israeli cargo thingummy is off.
I guess that multibillion $ deal for the new Israeli cargo thingummy is off.
Join Date: Aug 1998
Location: Unstable Thailand
Posts: 106
Likes: 0
Received 0 Likes
on
0 Posts
Luke Butler (still) wanted by Police
www.ghanaweb.com: General News of Friday, 29 July 2005
Luke Butler wanted by Police
The Criminal Investigation department (CID) of the Ghana Police Service has renewed its appeal to members of the public to help it to arrest Mr Luke Butler, Chief Executive of Afra Airlines.
Mr Butler is wanted by the police for defrauding a US based- Ghanaians, Dr Sam Akuoko to the tune of$450,000.
The Director of the CID, David Asante Appeatu who made the appeal on Thursday said in November last year, Butler made false representations to Dr Akuoku that he had a Boeing 747 aircraft in Indonesia and needed money to bring it down to start an airline in Ghana.
He said Mr Butler told Dr Akuoko to transfer an amount of $400,000 into a cedi account in Ghana to facilitate the transaction.
According to him Butler further asked Dr Akuoko to use an additional $50,000 to open an office of the airline in the US.
He said Butler assured Dr Akuoko that when the airline became operational, he (Butler) and his wife, Mrs Siomone Butler who were the sole directors of the company, would offload 30 per cent shares to Dr Akuoko.
Mr Apeatu said after transferring the money and opening the office in the US, Dr Akuoko contacted Butler to find out when the aircraft was to be brought to Ghana.
In response, Mr Apeatu said, Butler allegedly told Dr Akuoko that they were going to hire an aircraft to start the operations.
The director said Dr Akuoko objected to that because it was contrary to what he had been made to believe and therefore, demanded a refund.
He said Butler started playing hide and seek with Dr Akuoko until the matter was referred to the police for investigations.
He said Mrs Butler was arrested and during interrogation, she admitted receiving the money.
Mr Appeatu said Mrs Butler was currently on police enquiry bail.
http://www.ghanaweb.com/GhanaHomePag...s.php?ID=86907
--------------------------------------------------------------------------------
Source: Daily Graphic
Luke Butler wanted by Police
The Criminal Investigation department (CID) of the Ghana Police Service has renewed its appeal to members of the public to help it to arrest Mr Luke Butler, Chief Executive of Afra Airlines.
Mr Butler is wanted by the police for defrauding a US based- Ghanaians, Dr Sam Akuoko to the tune of$450,000.
The Director of the CID, David Asante Appeatu who made the appeal on Thursday said in November last year, Butler made false representations to Dr Akuoku that he had a Boeing 747 aircraft in Indonesia and needed money to bring it down to start an airline in Ghana.
He said Mr Butler told Dr Akuoko to transfer an amount of $400,000 into a cedi account in Ghana to facilitate the transaction.
According to him Butler further asked Dr Akuoko to use an additional $50,000 to open an office of the airline in the US.
He said Butler assured Dr Akuoko that when the airline became operational, he (Butler) and his wife, Mrs Siomone Butler who were the sole directors of the company, would offload 30 per cent shares to Dr Akuoko.
Mr Apeatu said after transferring the money and opening the office in the US, Dr Akuoko contacted Butler to find out when the aircraft was to be brought to Ghana.
In response, Mr Apeatu said, Butler allegedly told Dr Akuoko that they were going to hire an aircraft to start the operations.
The director said Dr Akuoko objected to that because it was contrary to what he had been made to believe and therefore, demanded a refund.
He said Butler started playing hide and seek with Dr Akuoko until the matter was referred to the police for investigations.
He said Mrs Butler was arrested and during interrogation, she admitted receiving the money.
Mr Appeatu said Mrs Butler was currently on police enquiry bail.
http://www.ghanaweb.com/GhanaHomePag...s.php?ID=86907
--------------------------------------------------------------------------------
Source: Daily Graphic
Join Date: Sep 1998
Location: Australia
Posts: 92
Likes: 0
Received 0 Likes
on
0 Posts
Luke Butler Triumphs
Court stops Civil Aviation, Immigration
AN ACCRA Commercial Court has restrained the Ghana Civil Aviation Authority (GCAA), the Ghana Immigration Services (GIS) and Attorney General (AG), their principals and agents, from carrying out the purported revocation of the residential and work permits of two directors of AFRA Airlines, an Australian airline, until final determination of a suit before it. Delivering its ruling yesterday, on the plea of the Australian investors, Luke Butler and Andrew Lachajcezak, Chief Executive Officer and I.T Manager respectively, of AFRA Airlines, the court presided over by Justice Henry Cofie, noted that the plaintiffs should not be prevented from moving into or going out of the country, until the suit is finalized.
The court upheld that greater hardship is put on plaintiffs in view of the deportation order given by a letter dated June 2, 2005 from the Minister of Interior; declaring their continuous stay in the country would be a criminal offence punishable by a fine or imprisonment.
The court further indicated that the Minister of Interior has powers under the law to revoke the residential permit of foreign nationals if their presence is not conducive to the country and therefore could not be bound to observe the natural justice rule the plaintiffs claim in their arguments.
AFRA Airlines, together with its directors, on June 9, 2005 issued a writ against the GCAA, with GIS and the AG as co-defendants.
The plaintiffs were seeking the order of the court to restrain the defendants, their principals and agents from carrying out or taking any further steps on the notice contained in a letter of June 2, 2005, revoking their residential and work permits by the GIS and the AG.
They further sought, in addition to cost and other reliefs, an order that defendants by their action were unfair and unreasonable, which constituted a breach of Act 678, L.I. 1075, Articles 23 and 296 of the 1992 Constitution and should therefore rescind their decision and reinstate their residential and work permits.
On June 23, 2005, the court granted the AG’s request of a mandatory 30-day written notice required under the law before it was sued.
In an affidavit in support of their motion, plaintiffs noted that since the incorporation of AFRA Airlines under the laws of the country, it had concretized its objectives with an amount of US$8.5million investment and employed 40 people; however, half of the people were laid off, following defendants’ action, even though frantic efforts at widening its operations were undertaken.
Plaintiffs averred that following the investment made in the country, the two co-defendants issued them with a year’s residential and work permit under section 13 (1) of the Immigration Act, 2000 (Act 573), effective November 24, 2004 to reside in the country.
According to plaintiffs, they applied for an Air Carrier License (ACL) meant to carry cargo and passengers worldwide and were given the license, followed by a review on January 12, 2005 by the Acting Director-General of GCAA.
They argued that the airline was further issued with an Air Travel Organizer’s License by the Ghana Tourist Board, when an application was made on January 13, 2005.
Plaintiffs noted that while waiting for the review of the ACL, CTK CityLink Airline publicly announced on February 3, 2005 that it would co-operate with Plaintiff Company to assist offering domestic services in the sub region.
Coincidentally, plaintiffs noted, by a letter dated February 4, 2005, the GCAA informed Plaintiff Company that it had been directed by the Minister for Roads and Transport, Dr. Richard Anane, to suspend the ACL issued to AFRA Airlines without any reasons.
Additionally, plaintiffs point out that another letter of May 5, 2005 was received from the GCAA, being an order by the Chief of Staff and Minister for Presidential Affairs, Mr. Kojo Mpiani, to revoke plaintiffs’ license.
Plaintiffs intimated that the suspension and subsequent revocation of its license was improper and that the GCAA and the AG’s conduct was meant to undermine their business and investment, as the actions of the two government officials were wrong and constituted a breach of Act 678 and L.I. 1075.
Subsequently, the plaintiffs noted that a letter from the Director of GIS notified that their work and residence permits had been annulled with effect from June 2, 2005 and the airline’s ACL had been revoked and therefore had no authority to operate in the country.
Plaintiffs’ counsel, Mr. Tony Lithur, had argued that his clients were not treated fairly by the authorities before revoking their licenses, since they were not given the opportunity to respond to the queries made by the Ghanaian authorities, in spite of their heavy investments.
Counsel for second defendants, GIS, had argued that the plaintiffs’ application was premature since the letter written to them had a window of opportunity where they could reapply for the permits.
Counsel indicated that plaintiffs had not made any attempt to apply for the permit as requested by the immigration.
Chief State Attorney, Kathleen Quartey Ayensu in her arguments, indicated that the presence of plaintiffs in the country, in the view of the authorities, was not conducive for the country as it led to the revocation and subsequent invalidation of the work and residential permit of plaintiffs.
The chief state attorney held that it would not be fair to ban ministers from doing what they were required to do under the law, in the interest of the country.
The Chief of Staff, Mr.Kwadwo Mpiani now has oversight over the Aviation which used to be part of the Ministry under the aegis of Dr. Richard Anane.
Source: Chronicle
http://www.ghanaweb.com/GhanaHomePa...el.php?ID=86904
Court stops Civil Aviation, Immigration
AN ACCRA Commercial Court has restrained the Ghana Civil Aviation Authority (GCAA), the Ghana Immigration Services (GIS) and Attorney General (AG), their principals and agents, from carrying out the purported revocation of the residential and work permits of two directors of AFRA Airlines, an Australian airline, until final determination of a suit before it. Delivering its ruling yesterday, on the plea of the Australian investors, Luke Butler and Andrew Lachajcezak, Chief Executive Officer and I.T Manager respectively, of AFRA Airlines, the court presided over by Justice Henry Cofie, noted that the plaintiffs should not be prevented from moving into or going out of the country, until the suit is finalized.
The court upheld that greater hardship is put on plaintiffs in view of the deportation order given by a letter dated June 2, 2005 from the Minister of Interior; declaring their continuous stay in the country would be a criminal offence punishable by a fine or imprisonment.
The court further indicated that the Minister of Interior has powers under the law to revoke the residential permit of foreign nationals if their presence is not conducive to the country and therefore could not be bound to observe the natural justice rule the plaintiffs claim in their arguments.
AFRA Airlines, together with its directors, on June 9, 2005 issued a writ against the GCAA, with GIS and the AG as co-defendants.
The plaintiffs were seeking the order of the court to restrain the defendants, their principals and agents from carrying out or taking any further steps on the notice contained in a letter of June 2, 2005, revoking their residential and work permits by the GIS and the AG.
They further sought, in addition to cost and other reliefs, an order that defendants by their action were unfair and unreasonable, which constituted a breach of Act 678, L.I. 1075, Articles 23 and 296 of the 1992 Constitution and should therefore rescind their decision and reinstate their residential and work permits.
On June 23, 2005, the court granted the AG’s request of a mandatory 30-day written notice required under the law before it was sued.
In an affidavit in support of their motion, plaintiffs noted that since the incorporation of AFRA Airlines under the laws of the country, it had concretized its objectives with an amount of US$8.5million investment and employed 40 people; however, half of the people were laid off, following defendants’ action, even though frantic efforts at widening its operations were undertaken.
Plaintiffs averred that following the investment made in the country, the two co-defendants issued them with a year’s residential and work permit under section 13 (1) of the Immigration Act, 2000 (Act 573), effective November 24, 2004 to reside in the country.
According to plaintiffs, they applied for an Air Carrier License (ACL) meant to carry cargo and passengers worldwide and were given the license, followed by a review on January 12, 2005 by the Acting Director-General of GCAA.
They argued that the airline was further issued with an Air Travel Organizer’s License by the Ghana Tourist Board, when an application was made on January 13, 2005.
Plaintiffs noted that while waiting for the review of the ACL, CTK CityLink Airline publicly announced on February 3, 2005 that it would co-operate with Plaintiff Company to assist offering domestic services in the sub region.
Coincidentally, plaintiffs noted, by a letter dated February 4, 2005, the GCAA informed Plaintiff Company that it had been directed by the Minister for Roads and Transport, Dr. Richard Anane, to suspend the ACL issued to AFRA Airlines without any reasons.
Additionally, plaintiffs point out that another letter of May 5, 2005 was received from the GCAA, being an order by the Chief of Staff and Minister for Presidential Affairs, Mr. Kojo Mpiani, to revoke plaintiffs’ license.
Plaintiffs intimated that the suspension and subsequent revocation of its license was improper and that the GCAA and the AG’s conduct was meant to undermine their business and investment, as the actions of the two government officials were wrong and constituted a breach of Act 678 and L.I. 1075.
Subsequently, the plaintiffs noted that a letter from the Director of GIS notified that their work and residence permits had been annulled with effect from June 2, 2005 and the airline’s ACL had been revoked and therefore had no authority to operate in the country.
Plaintiffs’ counsel, Mr. Tony Lithur, had argued that his clients were not treated fairly by the authorities before revoking their licenses, since they were not given the opportunity to respond to the queries made by the Ghanaian authorities, in spite of their heavy investments.
Counsel for second defendants, GIS, had argued that the plaintiffs’ application was premature since the letter written to them had a window of opportunity where they could reapply for the permits.
Counsel indicated that plaintiffs had not made any attempt to apply for the permit as requested by the immigration.
Chief State Attorney, Kathleen Quartey Ayensu in her arguments, indicated that the presence of plaintiffs in the country, in the view of the authorities, was not conducive for the country as it led to the revocation and subsequent invalidation of the work and residential permit of plaintiffs.
The chief state attorney held that it would not be fair to ban ministers from doing what they were required to do under the law, in the interest of the country.
The Chief of Staff, Mr.Kwadwo Mpiani now has oversight over the Aviation which used to be part of the Ministry under the aegis of Dr. Richard Anane.
Source: Chronicle
http://www.ghanaweb.com/GhanaHomePa...el.php?ID=86904
Join Date: Aug 1998
Location: Unstable Thailand
Posts: 106
Likes: 0
Received 0 Likes
on
0 Posts
So what, my little sociopath, you're just pissing in the wind now.
You didn't attend that court as you would have been arrested.
Where are you now? hiding behind mummy's skirt, you w*nker!
You are a thief and proven fraudster, if, and when the law catches up with you, you will claim that everyone is at fault except you.
I and many others hope that you rot in an African jail and Bubba finds you in there
You didn't attend that court as you would have been arrested.
Where are you now? hiding behind mummy's skirt, you w*nker!
You are a thief and proven fraudster, if, and when the law catches up with you, you will claim that everyone is at fault except you.
I and many others hope that you rot in an African jail and Bubba finds you in there
Join Date: Aug 1998
Location: Unstable Thailand
Posts: 106
Likes: 0
Received 0 Likes
on
0 Posts
Butler rips off a Thai Airline
Flukey,
tell us about the US$50,000 you conned out of Thai Sabai Airline's board, the CEO is very anxious to see you again in BKK.
Author: Noriega (registered user)
Date: 08-08-2005 11:46
The Courier Mail (Queensland, Australia) August 8, 2005 Monday
Pg. 8
Airline wheeler-dealer fights deportation bid
Chris Griffith
A QUEENSLAND businessman who was sued by the Japanese Government for a failed agreement to fly Red Army terrorists to Tokyo has been warned he would be shot if he entered Thailand after allegedly fleecing an airline of $US50,000 ($65,000).
Former bankrupt Luke Norman Butler, whose aircraft-related deals have angered the governments of Japan and Cameroon, also is wanted by police in Ghana in West Africa.
"I think that if he comes to Thailand someone would shoot him, maybe me," an angry Sabai Airlines chief executive officer Tanapat Bunyarak told The Courier-Mailyesterday.
Captain Bunyarak said Mr Butler had obtained $US50,000 from the board of Sabai Airlines as a deposit for three US-based 747-200 aircraft, which he apparently did not own.
In Ghana, Mr Butler faces arrest concerning an alleged fraud involving $US450,000. Police say Mr Butler had made false representations in that he had a Boeing 747 aircraft in Indonesia and needed money to bring it down to start an airline in Ghana. Mr Butler, whose wife Simone is from Ghana and who has been arrested, had opened an airline there, employed 40 staff and planned to engage 100 more, claiming his venture was backed by funding of $US8.5 million.
Mr Butler, who is at large and fighting deportation, had claimed he had forged a deal with US\'s Utilicraft Corp for his Brisbane company to buy 100 FF-1080 Freight Feeder aircraft for $1.2 billion.
However, in February his air licence was revoked and in May, Australian authorities banned him from managing corporations for three years.
LOAD-DATE: August 7, 2005
[This is an authentic posting from Noriega (Registered User)]
http://www.ghanaweb.com/GhanaHomePag...thread=1541252
tell us about the US$50,000 you conned out of Thai Sabai Airline's board, the CEO is very anxious to see you again in BKK.
Author: Noriega (registered user)
Date: 08-08-2005 11:46
The Courier Mail (Queensland, Australia) August 8, 2005 Monday
Pg. 8
Airline wheeler-dealer fights deportation bid
Chris Griffith
A QUEENSLAND businessman who was sued by the Japanese Government for a failed agreement to fly Red Army terrorists to Tokyo has been warned he would be shot if he entered Thailand after allegedly fleecing an airline of $US50,000 ($65,000).
Former bankrupt Luke Norman Butler, whose aircraft-related deals have angered the governments of Japan and Cameroon, also is wanted by police in Ghana in West Africa.
"I think that if he comes to Thailand someone would shoot him, maybe me," an angry Sabai Airlines chief executive officer Tanapat Bunyarak told The Courier-Mailyesterday.
Captain Bunyarak said Mr Butler had obtained $US50,000 from the board of Sabai Airlines as a deposit for three US-based 747-200 aircraft, which he apparently did not own.
In Ghana, Mr Butler faces arrest concerning an alleged fraud involving $US450,000. Police say Mr Butler had made false representations in that he had a Boeing 747 aircraft in Indonesia and needed money to bring it down to start an airline in Ghana. Mr Butler, whose wife Simone is from Ghana and who has been arrested, had opened an airline there, employed 40 staff and planned to engage 100 more, claiming his venture was backed by funding of $US8.5 million.
Mr Butler, who is at large and fighting deportation, had claimed he had forged a deal with US\'s Utilicraft Corp for his Brisbane company to buy 100 FF-1080 Freight Feeder aircraft for $1.2 billion.
However, in February his air licence was revoked and in May, Australian authorities banned him from managing corporations for three years.
LOAD-DATE: August 7, 2005
[This is an authentic posting from Noriega (Registered User)]
http://www.ghanaweb.com/GhanaHomePag...thread=1541252
Join Date: Sep 1998
Location: South Pacific
Posts: 76
Likes: 0
Received 0 Likes
on
0 Posts
Anyone seen Wizard, the dude on the left?
Flukey, the dude on the right looks like he's related to you? Were you both in this scam together, or were you working on stinging this guy too?
I see you also star in the Australian Securities & Investment Commission con-men Database.
What happened to the Bently? Repossessed?
Flukey, the dude on the right looks like he's related to you? Were you both in this scam together, or were you working on stinging this guy too?
I see you also star in the Australian Securities & Investment Commission con-men Database.
What happened to the Bently? Repossessed?
Join Date: Aug 1998
Location: Unstable Thailand
Posts: 106
Likes: 0
Received 0 Likes
on
0 Posts
There was a strong "rumour" that thse two were in cahoots to dud the Navaho Nation.
Fortunately the elders took advice from the US Gov and backed out of bankrolling USUC.
But, it's just a rumour
Butler must be standing on a brick, as the Ghanaian police describe him as 5'6" short.
Fortunately the elders took advice from the US Gov and backed out of bankrolling USUC.
But, it's just a rumour
Butler must be standing on a brick, as the Ghanaian police describe him as 5'6" short.
Join Date: Aug 1998
Location: Unstable Thailand
Posts: 106
Likes: 0
Received 0 Likes
on
0 Posts
Butler's resident permit revoked by Ghana
Author: NewsTalk (www.ghanaweb.com)
Date: 08-09-2005 14:04
Lawyers for Afra Airlines are preparing to take action aimed at contesting the cancellation of the Air Carrier's License of the airline, as well as the revocation yesterday, of the resident permits of the CEO Mr. Luke Butler and his IT Manager, Mr. Andrew Lachajczak, effective from yesterday.
Sources close to Butler's lawyers told the Chronicle that the revocation of the resident permit came as a shock to Butler, as they had been assured just two days earlier, by the Director of Immigration, Ms Elizabeth Adjei, that there was not going to be a change to his status.
---------
Gee, bad luck Flukey.
Date: 08-09-2005 14:04
Lawyers for Afra Airlines are preparing to take action aimed at contesting the cancellation of the Air Carrier's License of the airline, as well as the revocation yesterday, of the resident permits of the CEO Mr. Luke Butler and his IT Manager, Mr. Andrew Lachajczak, effective from yesterday.
Sources close to Butler's lawyers told the Chronicle that the revocation of the resident permit came as a shock to Butler, as they had been assured just two days earlier, by the Director of Immigration, Ms Elizabeth Adjei, that there was not going to be a change to his status.
---------
Gee, bad luck Flukey.
Join Date: Aug 1998
Location: Unstable Thailand
Posts: 106
Likes: 0
Received 0 Likes
on
0 Posts
D6-OZX Jan 12, 2004
Comments about condition of D6-OZX Jan 12, 2004
No Titles .... ex Global livery, white tail at CGK
The aircraft is missing some cockpit items and the cabin is not holding up under the Jakarta humidity and temperature and it requires a load of maintenance and CPCP work to come back to flying status.
http://www.747sp.com/History.asp?22302
----------------
In worse shape now I imagine
No Titles .... ex Global livery, white tail at CGK
The aircraft is missing some cockpit items and the cabin is not holding up under the Jakarta humidity and temperature and it requires a load of maintenance and CPCP work to come back to flying status.
http://www.747sp.com/History.asp?22302
----------------
In worse shape now I imagine
Join Date: Aug 1998
Location: Unstable Thailand
Posts: 106
Likes: 0
Received 0 Likes
on
0 Posts
Luke Norman Butler
Re : Luke Norman Butler
Creditors might try turning over a few rocks here in BENIN.
"Benin Airlines" (No listing)
10 BP 890, Cotonou – Benin
Tel: +229 97 265 669
Sounds like Flukey's hiding behind a post box this time.
Creditors might try turning over a few rocks here in BENIN.
"Benin Airlines" (No listing)
10 BP 890, Cotonou – Benin
Tel: +229 97 265 669
Sounds like Flukey's hiding behind a post box this time.
Join Date: Aug 2005
Location: outer space
Posts: 16
Likes: 0
Received 0 Likes
on
0 Posts
Benin Airlines & Utilicraft Aerospace LOI for 100 Feeder Freighters
(Cotonou, Benin Africa – December 2, 2005) -– Benin Airlines, SA - Today officials of Benin Airlines SA, and Utilicraft Aerospace Industries, Inc., executed a Letter of Intent (LOI) for 100 of Utilicraft’s FF-1080-300 ER (Extended Range) Freight Feeder aircraft, with an option on an additional 100.
The initial 100 aircraft transaction is valued at $1.35 Billion USD and has been secured by an initial $5.0M good faith deposit from Benin Airlines to Utilicraft’s lawyers today.
The agreements between the two Companies grant Benin Airlines exclusive Distributorship and a Final Assembly rights for a period of 25 years.
The Distributorship Agreement appoints Benin Airlines as the exclusive FF-1080-300 distributor for Africa and specific Middle East markets, including United Arab Emirates, Saudi Arabia, Oman, Qatar, Kuwait, Jordan, Baharain, and Lebanon.
The Final Assembly Agreement will grant Benin Airlines the right to complete final assembly-kits of the Aircraft purchased by Benin Airlines.
Benin Airlines plans to locate their Final Assembly facility in either Africa, or one of the Middle East regions mentioned above.
Utilicraft will complete Final Assembly of the “kits” shipped to Benin Airlines at its planned facilities at Double Eagle II Airport in Albuquerque, New Mexico.
The FF1080-300 ER version of the aircraft is the same basic airframe of the -300 currently under development by Utilicraft Aerospace, but with a 10,000 gross weight increase to 80,000 lbs. This increase will allow the Aircraft to carry additional fuel for a max range of 2,000 nautical miles including IFR reserves, with 20,000 lbs., in containers, 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.
Benin Airlines intends to operate the aircraft as feeder freighters in the growing African and Middle East airfreight markets, to offer them on wet lease ACMI basis (Aircraft, Crew, Maintenance and Insurance included), as well as dry lease and sale.
About Benin Airlines SA:
Benin Airlines is new airline being formed to be the first genuine low cost African airline to operate direct flights across sub-Saharan Africa and to Europe, Middle East, and the Americas commencing operations in second quarter 2006. Benin Airlines is a private company formed with an investment of $250M. Launch operations include 2 x 747-200F cargo aircraft, 2 x 747-400 and 5 x 737-300 passenger aircraft.
About Utilicraft Aerospace Industries
Utilicraft Aerospace Industries, Inc., (UAI) was formed, in 2004, to target the significant problem of addressing the overnight express, international supply chain, e-commerce, and global third party logistics entities, inability to provide effective “containerized” fulfillment and distribution in the medium haul (or feeder) route segments of air cargo. The result of the Company’s research and development is a new air vehicle, the FF-1080-300 Freight Feeder aircraft, capable of cost-effectively carrying standard industry air containers on medium range/medium density routes, combined with an on-board integrated air cargo information and tracking system.
(Utilicraft) Safe Harbor Statement
This press release contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release involve risks and uncertainties and reflect the company’s current views with respect to possible future events. Readers are cautioned that no forward-looking statement can be guaranteed and actual results or events may materially differ from those projected or anticipated. In particular, the following factors, among others, could cause actual results or events to differ materially from those described in the forward-looking statements: the company’s ability to obtain and fulfil contracts for the sale of products, protect intellectual property rights and manage future growth; market acceptance of future products; product supplier delays; design and engineering certification delays or denials; and the introduction of similar products by competitors. Any forward-looking statement made in this press release is made as of the date of this press release, and the company assumes no obligation to update any such forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect the company’s business.
Contact:
Luke Butler – President Director General Benin Airlines SA
10 BP 890, Cotonou – Benin
Tel: +229 97 265 669
[email protected]
John J. Dupont – President, CEO Utilicraft Aerospace Industries
Email: [email protected]
Direct Number: (505) 699-7848
Fax: 505-212-0296
This article was printed from www.asd-network.com.
The information resource for Global Aerospace & Defence business
(Cotonou, Benin Africa – December 2, 2005) -– Benin Airlines, SA - Today officials of Benin Airlines SA, and Utilicraft Aerospace Industries, Inc., executed a Letter of Intent (LOI) for 100 of Utilicraft’s FF-1080-300 ER (Extended Range) Freight Feeder aircraft, with an option on an additional 100.
The initial 100 aircraft transaction is valued at $1.35 Billion USD and has been secured by an initial $5.0M good faith deposit from Benin Airlines to Utilicraft’s lawyers today.
The agreements between the two Companies grant Benin Airlines exclusive Distributorship and a Final Assembly rights for a period of 25 years.
The Distributorship Agreement appoints Benin Airlines as the exclusive FF-1080-300 distributor for Africa and specific Middle East markets, including United Arab Emirates, Saudi Arabia, Oman, Qatar, Kuwait, Jordan, Baharain, and Lebanon.
The Final Assembly Agreement will grant Benin Airlines the right to complete final assembly-kits of the Aircraft purchased by Benin Airlines.
Benin Airlines plans to locate their Final Assembly facility in either Africa, or one of the Middle East regions mentioned above.
Utilicraft will complete Final Assembly of the “kits” shipped to Benin Airlines at its planned facilities at Double Eagle II Airport in Albuquerque, New Mexico.
The FF1080-300 ER version of the aircraft is the same basic airframe of the -300 currently under development by Utilicraft Aerospace, but with a 10,000 gross weight increase to 80,000 lbs. This increase will allow the Aircraft to carry additional fuel for a max range of 2,000 nautical miles including IFR reserves, with 20,000 lbs., in containers, 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.
Benin Airlines intends to operate the aircraft as feeder freighters in the growing African and Middle East airfreight markets, to offer them on wet lease ACMI basis (Aircraft, Crew, Maintenance and Insurance included), as well as dry lease and sale.
About Benin Airlines SA:
Benin Airlines is new airline being formed to be the first genuine low cost African airline to operate direct flights across sub-Saharan Africa and to Europe, Middle East, and the Americas commencing operations in second quarter 2006. Benin Airlines is a private company formed with an investment of $250M. Launch operations include 2 x 747-200F cargo aircraft, 2 x 747-400 and 5 x 737-300 passenger aircraft.
About Utilicraft Aerospace Industries
Utilicraft Aerospace Industries, Inc., (UAI) was formed, in 2004, to target the significant problem of addressing the overnight express, international supply chain, e-commerce, and global third party logistics entities, inability to provide effective “containerized” fulfillment and distribution in the medium haul (or feeder) route segments of air cargo. The result of the Company’s research and development is a new air vehicle, the FF-1080-300 Freight Feeder aircraft, capable of cost-effectively carrying standard industry air containers on medium range/medium density routes, combined with an on-board integrated air cargo information and tracking system.
(Utilicraft) Safe Harbor Statement
This press release contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release involve risks and uncertainties and reflect the company’s current views with respect to possible future events. Readers are cautioned that no forward-looking statement can be guaranteed and actual results or events may materially differ from those projected or anticipated. In particular, the following factors, among others, could cause actual results or events to differ materially from those described in the forward-looking statements: the company’s ability to obtain and fulfil contracts for the sale of products, protect intellectual property rights and manage future growth; market acceptance of future products; product supplier delays; design and engineering certification delays or denials; and the introduction of similar products by competitors. Any forward-looking statement made in this press release is made as of the date of this press release, and the company assumes no obligation to update any such forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect the company’s business.
Contact:
Luke Butler – President Director General Benin Airlines SA
10 BP 890, Cotonou – Benin
Tel: +229 97 265 669
[email protected]
John J. Dupont – President, CEO Utilicraft Aerospace Industries
Email: [email protected]
Direct Number: (505) 699-7848
Fax: 505-212-0296
This article was printed from www.asd-network.com.
The information resource for Global Aerospace & Defence business
