Eclipse struggles to stay aloft in turbulent skies
Despite intensified speculation about an impending collapse, Eclipse Aviation remained in business as this issue went to press, with company leaders still

Despite intensified speculation about an impending collapse, Eclipse Aviation remained in business as this issue went to press, with company leaders still seeking new sources of funding and anticipating the long-awaited FAA certification of the Garmin 400W navigator upgrade and European Aviation Safety Agency certification of the airplane.

On November 13, workers at Eclipse Aviation were told they could continue working without pay or go home, according to a November 14 Eclipse Aviation statement, because Eclipse was “unable to meet its payroll obligations.” The following week, Eclipse workers returned to work on Monday “like normal,” a spokeswoman told AIN, and the workers were paid for their previous pay period. Eclipse was still facing financial challenges, the statement said. “The board of directors and executive management of the company continue to work diligently on a long-term financial solution for its business.” The amount needed is in the $200 to $300 million range, but the company would not provide any more information about its financial status or the current level of activity at the factory.

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