Utilicraft Aerospace Industries Inc (UITA)

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About Freight Feeder Aircraft Corporation

Overview: Freight Feeder Aircraft Corporation is a private U.S. corporation registered in the state of Wyoming. In December 2007, Freight Feeder Aircraft Corporation (“the Company”) acquiredthe Freight Feeder aircraft technology and development program form Utilicraft Aerospace Industries, Inc., 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 FreightFeeder 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 MethodPatent, 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.”The potential global market for this type of aircraft is estimated to be approximately 5,000 innumber. The Company expects to capture a 15% market share, or approximately 750 aircraft-- at a production rate of 60 aircraft per year -- over the next 15 years. The Company’s business plan calls for the production of 330 aircraft over the initial 8 years of production and development, estimated at $5.74 Billion in Gross Sales. After the initial 8 year cycle, the Company anticipates additional sustained steady production rate of 60 aircraft per year for 15 years plus revenues form product support for the existing fleet of 330 aircraft.