In The Works: Utilicraft Aerospace FF-1080-300ER

 - January 23, 2007, 10:54 AM

There are signs of life at Utilicraft Aerospace, which now trades on the stock market as symbol UITA on the Over The Counter Bulletin Board. Utilicraft also announced plans to build a new facility at Double Eagle II Airport in Albuquerque, N.M. Early last month the company signed a letter of intent for construction of a 55,000-sq-ft facility where it will build the twin-engine FF-1080-300ER. After flight testing and certification, Utilicraft expects to build two airplanes per month in Albuquerque. Groundbreaking for the construction project is expected to take place in March, with move-in to the hangar in June and offices in August.