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[QUOTE]Originally posted by winner: [QB] ALBUQUERQUE, N.M. - Officials of Freight Feeder Aircraft Corporation (a U.S. privately held corporation) reported today that the Company currently has signed Letters of Intent (LOIs) under its “Early Reservation Program” that it launched earlier this year, for 45 of its FF5000 aircraft totaling $742,500,000, with additional aircraft sales in discussions. This represents 14% of its eight year business plan projected production. The Company is currently in discussions with international operators, in the India market, to add an additional 25 aircraft totaling $1.155 Billion in initial orders for the Company. John J. Dupont, President and CEO of Freight Feeder stated, “This initial sales milestone has been achieved without a major global marketing campaign, and without a flying demonstrator prototype aircraft. The Company is intentionally waiting for its global marketing push until 'First Flight' of the prototype FF5000 aircraft takes place. Subject to the flow of capital into the program, 'First Flight' is expected to occur late next year (2009).” The signed LOIs will become firm contracts upon achieving the milestone of “First Flight” of the FF5000 prototype aircraft. About Freight Feeder Aircraft Corporation Freight Feeder Aircraft Corporation is a U.S. private corporation registered in the State of Wyoming. In December 2007, Freight Feeder Aircraft Corporation acquired the Freight Feeder aircraft technology and development program form Utilicraft Aerospace Industries, Inc., (OTCBB:UITA) which included the aircraft design, related intellectual property, patents, and developed hardware and software including a mockup aircraft, and fuselage tooling - with the intention of completing the development of the aircraft project, and to bring the Freight Feeder aircraft into commercial production for global sales into the freight aircraft market. Inclusive in the acquisition are the Aircraft Design Patent, the ETA Freight Tracking Method Patent, and the AFRS Automatic Flat-Rate Power Management Patent. The Freight Feeder aircraft - now designated the FF5000 by the Company - is specifically designed to address a niche segment of the global air freight market, specifically the need for a new and updated state-of-the-art effective containerized freight feed air transportation system requiring the development and implementation of a new regional-sized-container-capable turboprop-aircraft, specifically designed to economically transport containerized/palletized air shipments to and from regional manufacturing and freight distribution facilities (located in smaller communities) to and from the major international hub airports - world-wide. [/QB][/QUOTE]
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