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Forecast International Projects End of Eclipse 500 Production

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Batfink Posted: Wed, Oct 29 2008 2:19 PM

NEWTOWN, Conn. [October 28, 2008] — In a new report to be issued in December, Forecast International has projected that production of the Eclipse 500 will soon end.  The Connecticut-based market research firm believes that the aircraft’s manufacturer, Eclipse Aviation, will not attract new investment necessary to allow it to continue making the aircraft beyond the first quarter of 2009.

Full press release.

 

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Batfink replied on Wed, Nov 19 2008 11:31 AM

Things still aren't looking good for Eclipse -

Eclipse Aviation Corp. employees will receive their pay no later than Tuesday, company officials said.

The Albuquerque, N.M.-based builder of small jets expected to have its work force back on the job today, the company said in a statement.

On Thursday, Eclipse told as many as 1,400 workers that the company could not cut checks for the bi-weekly pay period that ended on Nov. 12. Two dozen workers employed at Eclipse’s maintenance hangar at the Albany airport also were sent home. A few were working at the site Friday.

Full story The Business Review

 

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Batfink replied on Tue, Nov 25 2008 4:15 PM
Eclipse have filed for chapter 11 bankruptcy protection.

My wings are like a shield of steel.

 
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