Peg bilson biography books

American aircraft manufacturer history

Main article: Eclipse Aviation

The history of Eclipse Aviation is the story of the largest financial failure in the history of general aviation, one that experts have predicted will leave a lasting impact on the aerospace industry.^[1]

It runs from the company's startup in 1998 to the design and testing of the Eclipse 500very light jet (VLJ) through 2006, to the production of 260 examples from 2006–2008, development of the Eclipse 400 single-engined jet from 2007–2008, the most deliveries of a VLJ in a single year to date with over 150 Eclipse 500s sold in the first three quarters of 2008, and ultimately to the company's downfall in the latter part of 2008 and dissolution in bankruptcy in 2009, referred to by many in the media at the time as the "billion-dollar debacle".^[1] The story also involves shorter-lived ventures following its 2009 bankruptcy, as well as the introduction of the E