Tuesday evening, David Green, president of the Eclipse 500 Owners Club, initiated a conference call to as many as 150 Eclipse jet owners during which he and a core group of supporters proposed formation of “NewCo”, a non-profit cooperative venture that would bid on the intellectual property of Eclipse Aviation at the upcoming Chapter 7 auction sale of the company’s assets. Green’s group believes it would be impossible to support the aircraft without rights to the aircraft Type ...

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