Overview

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The History of Eclipse Aviation Corporation, is the story of the largest financial failure in the history of general aviation, one that experts have predicted will have a lasting impact on the aerospace industry. The Eclipse story runs from the company's start up in 1998, through the design and production of 260 examples of the Eclipse 500 very light jet, development of the Eclipse 400 single-engined jet, to the company's downfall and dissolution in bankruptcy in 2009. The failure of Eclipse has even changed the language of aviation. By late 2009 the term Very Light Jet had become so tainted by Eclipse's billion-dollar debacle who trumpeted that term widely, that most manufacturers were avoiding use of the term to describe their products. The NBAA's Brian Foley explained The term VLJ was at times tainted by ...unrealistic expectations and even failure. The industry would do well to drop hyped words in order to improve credibility with users.

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