Eclipse Aviation
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Eclipse Aviation

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Eclipse Aviation Corporation was the Albuquerque, New Mexico-based manufacturer of the Eclipse 500 very light jet (VLJ) and also at one time proposed developing the Eclipse 400 single engined jet. The company was founded in 1998 by former Microsoft employee Vern Raburn. Due to Raburn's relationship with Microsoft, Bill Gates was a major stake- holder in the Eclipse project. Production of the Eclipse 500 was halted in mid-2008 due to lack of funding. The company entered an unsuccessful Chapter 11 bankruptcy in November 2008, which was converted into a Chapter 7 bankruptcy liquidation procedure ...