Eclipse Aerospace To Resume VLJ Production | Aviation International News

Eclipse Aerospace To Resume VLJ Production

Eclipse Aerospace announced at last month’s NBAA Convention that it is resuming new-build production of its iconic very light twinjet,

Eclipse Aerospace displayed its 500 at last month’s NBAA Convention. The company plans to restart production of the VLJ–to be called the Eclipse 550–in 2013. The new model will have updated avionics and authrottles.

By Matt Thurber • Editor-in-Chief

November 3, 2011

Eclipse Aerospace announced at last month’s NBAA Convention that it is resuming new-build production of its iconic very light twinjet, newly dubbed the Eclipse 550. At the show, Eclipse began taking orders for the new jet, which sells for $2.695 million (2011 $). The company expects to produce 50 to 100 Eclipse 550s per year once production resumes in 2013.

“We’re very excited that we’re resuming production,” said Mike Press, an early Eclipse 500 owner and executive vice president of Eclipse Aerospace. Two years ago Press and Mason Holland formed a team to make a $40 million bid on the assets of bankrupt Eclipse Aviation, which burned through more than a billion dollars developing the model 500, achieving certification and producing 260 jets. Sikorsky subsequently invested in Eclipse Aerospace and owns a minority interest in the company.

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