Where now?
This week the Bankruptcy Court in Delaware will rule on the Chapter 11 process. As there is only one 'credible' bid in play as I write, from Roel Peiper, it looks as if we can predict the future...
View ArticleSOLD!
Yes folks, Roel and his merry band are the new owners of the assets of Eclipse Aviation. They've chosen 'Eclipsejet Aviation International' as the name for their 'new' enterprise so, let the...
View ArticleÉconomie de bouts de chandelles
This phrase solved a real 'writers block' for me, so thanks Fred (and Julius) for your inspiration!What I want to draw everyone's attention to now is the future of our favorite Very Costly Jet, and...
View ArticleEclipse is dead, long live Eclipski
According to the Governor of Ulyanovsk, Vladimir Putin has interceded on behalf of Eclipse Aviation. The Russian government has increased capitalization of the Vnesheconcom Bank by one hundred billion...
View ArticleLove it, loath it.
We've been so tied up waiting for news from Moscow that I've been slow to update the headline post, but I've also been working with a number of owners and/or pilots to provide a 'warts and all' review...
View ArticleEclipse Aviation furloughs employees
UPDATED 21.00hrs GMTThis from the inbox, giving us the 'official' text:-Wednesday February 18, 2009Eclipsers,We are sure that you have noticed that the sale of Eclipse Aviation is taking longer...
View ArticleThe 'final aria' is sung
We Critics knew this day would come. The only real question was when, not if. From Stan's first post in April 2006, and mine just over a year ago, the details were unclear but the outcome was...
View ArticleLight(s) at the end of the tunnel?
UPDATED Sunday 1st March 2009URGENT, FAA issues a "Special Airworthiness Information Bulletin" for Eclipse owners.Check out the official notice from the FAA. They've clearly been fielding questions...
View ArticleFinally, Eclipse Aviation Corporation is no more
This post will evolve (like the last one did) rapidly over the next 24 hours.Basically, the Judge in Delaware granted the Senior Note Holders 'Motion to Convert' today, Wednesday 4th March 2009. 19...
View ArticleThe 'Owners Plan'
The following hit the inbox in the past hour, and I thought it important to bring it to your attention in a prompt manner. The 'translation' from the supplied document format to this blog may have...
View ArticleCWMoR Comprehensive Options and Alternatives for Eclipse 500 Owner/Operators
Well, he is one of 'us' (which makes a refreshing change) and it's a more mature plan that any of the other's I've seen. It's interesting, and makes a very wide sweep in an effort to meet with almost...
View ArticleAnd the winner is?
Wouldn't we all like to know the answer to that question! Clearly there are those amongst us who think that any such 'winner' is really a short to medium term loser, but for owners, suppliers and...
View ArticleCurrent affairs, future outcomes?
It's been a month since Eclipse Aviation Corporation joined the ranks of 'ex companies' in Chapter 7 bankruptcy. At that time it was anticipated (mostly by owners of the aircraft) that there would be a...
View ArticleMovement, at last...
Thanks to all of you who sent me this. I think it deserves a headline, as it's the first credible sign that a reputable aviation business has an interest in the FPJ. Clearly the note holders still...
View ArticleA Birthday Post, by Stan Blankenship
Looking Back,Credit where credit is due, the Eclipse critic's blog wasn't the first to take exception to the outrageous claims made by the cocksure Vern Raburn and his minions. That honor goes to...
View ArticleAnother offer on the table
This clearly reached me just before the 'Birthday Post' from Stan, so is a little delayed. Other bidders are active, but the 'note holders' who are currently seeking bids are frustrated at the lack of...
View ArticleWell well well...
Normally I'd expect this sort of stuff to arrive on a 'Tuesday', but this time it's true. The legal actions around Eclipse Aviation were always going to be fascinating, but even I'm surprised at this....
View ArticleEclipse Jet update
ECLIPSE 125 Fairchild St., Suite 100 Charleston, SC 29492 April 24, 2009VIA: E MAIL TO CUSTOMERS TO: ALL ECLIPSE 500 OWNERS AND DEPOSITORSFROM: MIKE PRESS (S/N 4) AND MASON HOLLAND (S/N 473)At the...
View ArticleThe tail end of Eclipse?
OK that's a pretty weak play with words, which I'm sure you'll forgive me for, eventually.Some pretty damming correspondence reaches me, from several sources, about the number of instances (16, by one...
View ArticleVillains, Victims and an Honorable Crew
Since in the future the blog may be used by historians researching the Eclipse saga, we thought it might be appropriate to highlight those most responsible for the dastardly deeds and some who suffered...
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