Eclipse Receives First Frax VLJ Order

 - September 29, 2006, 10:38 AM

With a firm order for 10 Eclipse 500s and an option for 10 more, London, Ontario-based OurPlane became the first fractional customer for the very light jet, scheduled to enter service early next year. Prices for a one-quarter share of the Eclipse 500 start at $349,900, with a monthly fixed cost of $3,500 and hourly operating costs of $369, without a pilot. Pilots can be qualified individually or hired from a list of pilots OurPlane prequalifies. The company hopes to receive its first two VLJs in fall 2007. OurPlane currently operates 22 Cirrus and Cessna piston singles from 15 locations across North America. The company is planning to introduce the King Air C90 and Pilatus PC-12 soon