Is Eclipse Aviation still in business?
The company was important for helping usher in a new category of small jets when the Eclipse 500 was first delivered in 2006. In October 2008, production of the Eclipse 500 was halted due to lack of funding….Eclipse Aviation.
| Type | Private |
|---|---|
| Website | Archives |
Who manufactures the Eclipse Jet?
Eclipse Aviation
Eclipse AerospaceWilliams International
Eclipse 500/Manufacturers
How many Eclipse jets are there?
There are two Eclipse Jet models, the 500 and 550. Both models feature the same airframe and engines, ICAO type (EA50) and performance. The first production Eclipse 500 flew in 2006, with 260 produced by the end of 2008.
What went wrong with Eclipse?
The court documents filed by Eclipse stated that the bankruptcy occurred because the company “continued to lose larger than expected sums of money on each aircraft manufactured and has not reached cash flow positive in its operations.” Total company liabilities were estimated at over US$1 billion.
Who bought Eclipse Aerospace?
One Aviation
Eclipse Aerospace
| Type | Private company |
|---|---|
| Fate | Merged with Kestrel Aircraft in April 2015 |
| Successor | One Aviation |
| Headquarters | Albuquerque, New Mexico , United States |
| Services | Maintenance and upgrades to Eclipse 500 aircraft Manufacturer of the Eclipse 550 |
How much does an Eclipse 500 cost?
Eclipse 500 Cost to Own Acquisition cost for the Eclipse 500 sits between $700,000-$1 million, less than competition such as the Cirrus Vision ($1.9-$2.0 million) and Citation Mustang ($2.9-$3.1 million).
Is the Eclipse jet still being manufactured?
Production of the Eclipse 500 was halted in October 2008 due to lack of funding and the company entered Chapter 11 bankruptcy on 25 November 2008. In April 2015 Eclipse Aerospace was merged with Kestrel Aircraft to form One Aviation, which entered Chapter 7 bankruptcy in February 2021.
Is One Aviation still in business?
One Aviation, which had taken over Eclipse Aerospace in 2015, had entered Chapter 11 bankruptcy protection three years later. The company – owned by Cirrus co-founder Alan Klapmeier – was finally liquidated earlier this month.
How much is an Eclipse 550?
The price for a new Eclipse 550 is $2.9 million complete. Eclipse sees its customers as pilots ready to move up from a Cirrus SR22 or Piper Malibu (now the M350) or a generation of older piston airplanes.
Does the Eclipse 500 have a toilet?
The Eclipse 500 was the first general aviation jet to not feature a toilet onboard – a radical move at the time. The aircraft is fuel efficient with an average fuel burn of 59 to 68 gallons per hour (GPH).
What happened to Kestrel Aerospace Ltd?
In April 2015 the company was merged with Eclipse Aerospace to form One Aviation, which entered a Chapter 7 bankruptcy liquidation process in February 2021.
