Eclipse

The decision, announced last week, effectively doubles the life limit for the light jet from 10,000 hours/cycles to 20,000.

The company believes it could be done with work on the aircraft in 18 to 24 months.

With local partner Jinggong, One Aviation president Alan Klapmeier has high hopes for the China market.

The company’s Chicago maintenance base is a big part of One Aviation’s product support efforts.

Company would provide a fleet of Eclipse VLJs for no up-front investment by the U.S. government, at a fee-per-flight-hour.

Factory-refurbished Eclipse 500 SE will be upgraded to include nearly all new features introduced on the Eclipse 550.

Combined company's core products include the Eclipse 550 very light jet and Kestrel K350 turboprop single.

With the $2.895 million 550 now in production, Eclipse Aerospace offers the lowest-priced new very light jet available.

Eclipse has not disclosed how many of its approximately 220 employees were affected.

Eclipse Aerospace promise to bring long-pledged safety equipment and performance capabilities to the original very light jet