Eclipse Future Could be Decided This Month
An auction for the type certificate and assets by a Delaware federal bankruptcy court could happen soon.
Owners of the 259 Eclipse Aviation Corp. jets now flying are getting a clearer picture of where the company’s bankruptcy proceedings are heading: Any new owner will offer maintenance and aircraft upgrades, but chances are slim that production will resume until the economy improves. An auction for the type certificate and assets by a Delaware federal bankruptcy court may occur this month, an observer said.
Two new contenders — Eclipse Jet LP and the Eclipse Owners Group (EOG) — are promising to establish maintenance and aircraft upgrade centers for the Eclipse 500 fleet in the event either one of them should win the auction. Upgrades are an important part of any maintenance proposal, said David Green, chairman of the Steering Committee for the EOG. "Not a single plane is fully functional," he said, meaning that although all are flyable, all lack one or more system upgrades originally promised, including avionics, navigation software, and de-icing capability.
To read the full story click here.
Do you recommend this Press Release?
We Recommend
-
Press Release
Eclipse 550 Jet is "POWERED UP" on its way to First Delivery
-
Press Release
Eclipse Aerospace Announces Release of Enhanced Windshield and a Return to 41,000 Feet
The new FAA certified windshield application uses a thin carbon strip that is adhered directly to existing Eclipse twin-engine jet windshields, which acts as a diverter to dissipate potential...
-
News
Company Formed to Bring Eclipse out of Bankruptcy
New Eclipse Acquisition, LLC seeks to buy assets
-
Press Release
Eclipse Aerospace Meeting Stated Goals
Albuquerque, NM, April 25, 2012 — Since beginning operations in September 2009, Eclipse Aerospace, Inc. (EAI) has advanced three corporate goals: returning parts, service, and support to the...






