Urge All Owners To Contact Group ASAP
Owners of Eclipse 500 jets --
essentially orphaned since the manufacturer entered Chapter
7 bankruptcy this week -- have united to explore the
acquisition of the assets of Eclipse Aviation.
"Since this week's conversion of the Eclipse Aviation bankruptcy
to Chapter 7, there have been various announcements regarding the
formation of entities to acquire the assets of Eclipse Aviation and
provide ongoing service," the group states. "Many of these
proposals are shortsighted and place undue burdens on an already
overtaxed customer base."
For the moment, Eclipse 500s remain legal to operate, so long
as the planes are kept airworthy by the standards put forth by the
FAA and the manufacturer. However, as Eclipse isn't shipping parts
anymore, doing so will become increasingly problematic unless a new
company is in place to handle service matters.
Furthermore, at present there exists no fully-complete Eclipse
500. All 259 planes delivered were owed some form of upgrade by
Eclipse Aviation, including changes to avionics, the addition of
equipment necessary for flight into known icing conditions, and
aerodynamic modifications. Owners of the very-light jets delivered
before Eclipse folded agreed to take possession of their aircraft,
on the condition Eclipse would later upgrade their planes, as
needed, free of charge.
To keep their planes flying, the Eclipse Owners Group is looking
for full control of the serviceability, modification, and long term
reliability of the aircraft by either acquiring the assets of
Eclipse Aviation themselves, or partnering with an entity that will
assure the owners of the same. The group claims other
recently-announced bids for the company propose to exploit the
"captive" market Eclipse owners represent, by charging substantial
fees for upgrades and service to their planes.
"These surcharges amount to multiple hundreds of thousands of
dollars," said David Green, a member of the Eclipse Owners Group.
"If someone gets control of Eclipse assets with this type of
business plan, they could significantly reduce the value of Eclipse
500 aircraft because of exorbitant direct operating costs for
ongoing maintenance and upgrades."
"There is a great and immediate need for an owners organization
that allows us to control our own destiny as a group," said Randall
Sanada of Jet Alliance, Inc., a customer that has both taken
delivery of Eclipse aircraft and also has deposits for future
orders. "By providing a united front, the owner-led organization
will be able to economically support the existing fleet of
Currently, members of the Eclipse Owners Group and owners
throughout the country are in meetings to discuss the next steps in
the process. All Eclipse owners are encouraged to contact the
Eclipse Owners Group at EclipseOwnersGroup@gmail.com
to be part of the process.
"Let's all unite, and as a solid cohesive group we will be able
take control of our Eclipse future and be able to fully utilize our
aircraft without being held hostage by others," said Green.