As Eclipse Aerospace loads the jig for its first new-production very light jet, the company’s ambitions are not those of its predecessor, which failed spectacularly in its bid to blacken the sky with low-cost air taxis. The new company instead aims to make a solid profit on modest production. The original Eclipse Aviation was formed in 1998 with the vision of selling thousands of million-dollar jets into a booming air taxi market. But its biggest customer, unable to raise financing in an ...

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