Archive for November, 2008

Eclipse files for Chapter 11

Due to “unprecedented economic challenges,” Eclipse Aviation filed for Chapter 11 bankrupcy protection in Delaware on Tuesday, November 25.
The Albuquerque manufacturer that initiated the Very Light Jet (VLJ) category made the announcement just four days after announcing it had received EASA (European) certification for its model 500 Jet. The outlook for the VLJ industry has [...]