Beaucaire From Syria, joined Sep 2003, 5252 posts, RR: 26 Posted (6 years 7 months 1 week 21 hours ago) and read 1980 times:
The small company "Utilicraft" in New Mexico has launched the development of a small turbo-prop cargo airliner in two versions ( the FF-1080-300 Freight Feeder aircraft 200 and 300 -series ).
Their first customer for ten aircraft is a relatively unknown construction company "Mid America" -who-through a different subsidiary also will build the utilicraft construction facilities in New Mexico.
It seems also the core of investment is from the New Mexican Navajo community.
Who can tell me how serious this venture is and if they will ever make profit ?
According to a press release issued by the company on 24 July 2007, construction on the prototype aircraft is underway.
What I find curious, though, is that the company has largely been ignored by the media in Albuquerque. This is in contrast to Eclipse (not the gum) Aviation which received a fair amount of attention since the company's inception.
ACVitale From United States of America, joined Aug 2001, 922 posts, RR: 11
Reply 3, posted (6 years 7 months 1 week 8 hours ago) and read 1857 times:
This company has been trying to get this aircraft off the ground for over 20 years. They had been associated with a scam operator and released press releases claiming they were putting in 1.4 Billion in financing and setting up a hub and spoke operation in W Africa (Ghana at one point then Benin and Lagos later) (Was tied in with a company called Afra Airlines which claimed to have B747s and was going to hub in ACC flying to JFK/LOS/LON/JNB) and claimed to merge with CTK Citylink (CTK Citylink had no knowledge of this transaction)
The whole thing has had so many incarnations and claims that most in the aviation industry doubt it is real.
Additionally, At one time they claimed to be associated with Babcock and Brown but that company then released a press release that stated it was not so.
Suggest that you do some Google searches on it. Also PPrune has some details at some point in the Africa Aviation section around 2005.