Eclipse manufactured the Eclipse 500 very light jet and has more than 250 craft sold and in service. The company reopened on Sept. 1 and began hiring former employees. Mike Press, one of two investors who formed Eclipse Aerospace, told the newspaper that Eclipse Aerospace plans to immediately provide service and upgrades for the 259 Eclipse 500 very light jets that began flying before the original company closed its doors last March. Within 18 months Eclipse Aerospace says it expects to start producing new jets.
The Eclipse 500 is constructed mostly of aluminum, but does employ composites in some structures.
Information: Click here for original story in The Albuquerque Business Journal.
Editor PickEclipse Aviation enters Chapter 7 liquidation
The developer of composites-intensive very light jets had filed for Chapter 11 reorganization in November, but now is forced into liquidation.