Words of Advice:

"We have it totally under control. It's one person coming from China. It's going to be just fine." -- Donald Trump, 1/22/2020

“We will not see diseases like the coronavirus come here..and isn't it refreshing when contrasting it with the awful presidency of President Obama."
-- Trump Press Secretary Kayleigh McEnany, 2/25/20

"I don't take responsibility for anything." --Donald Trump, 3/13/20

"If Something Seems To Be Too Good To Be True, It's Best To Shoot It, Just In Case." -- Fiona Glenanne

"Flying the Airplane is More Important than Radioing Your Plight to a Person on the Ground Who is Incapable of Understanding or Doing Anything About It." -- Unknown

"There seems to be almost no problem that Congress cannot, by diligent efforts and careful legislative drafting, make ten times worse." -- Me

"What the hell is an `Aluminum Falcon'?" -- Emperor Palpatine

"Eck!" -- George the Cat

Wednesday, February 25, 2009

Eclipse Aviation- Down the Tubes

The creditors for Eclipse Aviation are seeing to liquidate the company. According to AvWeb, management is not going to fight taking the company from Chapter 11 (reorganization) to Chapter 7 (liquidation). They sent most of the workers home last week on a furlough and now they're all fired, er "laid off."

Eclipse was in trouble before the economy tanked. Of course, they were not alone. When the dust settles from this recession, if you want to buy a new small jet, chances are that you will be buying a Cessna.

1 comment:

Cujo359 said...

That's a shame, although as you and BadTux wrote in an earlier column, the price seemed a bit too low. They might have been able to create a more manufacturable design, but given that it was being run by a former software guy (and a former Microshaft guy, at that), I have my doubts. You learn manufacturing by doing it and reviewing your process. At least, that's how you do it efficiently and reliably. Thanks to certification requirements, that's even more difficult to do than it would be under other circumstances.

I remember reading a year or so ago that there were several companies working on "space planes" - aircraft with ceilings above 60 miles. I suspect we're going to see some fallout from that industry, too.