Since the ouster of company founder and CEO Vern Raburn and the takeover by principal investor Roel Pieper in July, Eclipse Aviation has been caught up in a perfect storm of problems. The woes include cash flow, disaffected and non-performing suppliers, production cuts, layoffs and a Special Certification Review of the Eclipse 500 spurred by internecine battles within the FAA that culminated in unwelcome congressional attention. Eclipse had planned to build more than 450 Eclipse 500s in ...


"Cash-Choked Eclipse Aviation in Throes of Cutbacks, Reorganization" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.