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Utilicraft Aerospace Signs LOI with Mid America Aero.
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M2 Presswire
- Article date:
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January 10, 2007
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Copyright informationCOPYRIGHT 2007 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-10 January 2007-MN1.com: Utilicraft Aerospace Signs LOI with Mid America Aero(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:10012007
ALBUQUERQUE, N.M. - Utilicraft Aerospace Industries, Inc. (OTC BB:UITA.OB) announced today that the company had signed a Letter of Intent with the Swansea, IL based Mid America Aero LLC to purchase ten FF-1080-300 Freight Feeder-Commercial Freight Aircrafts from Utilicraft, with an option to purchase an additional fifteen aircraft.
As part of the terms and conditions of the LOI, Utilicraft agrees to build and certify the Extended Range (ER) version of the FF-1080-300 Aircraft, which will provide an operating range payload of ...
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