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Eclipse Aviation
ABQjournal blog latest results


1. Would-Be Jet Buyers Sue Ex-CEO
(News/Business Daily)
... two separate lawsuits filed in state District Court in Albuquerque, the depositors claim Eclipse Aviation founder and former CEO Vern Raburn and others at the company misled them into increasing their ...
2. Eclipse, City Craft Barter Deal To Keep Company at Airport
(News/Business Daily)
The city of Albuquerque and Eclipse Aerospace have proposed a barter agreement to keep the general aviation company operating at Albuquerque International Sunport. Eclipse Aerospace proposes giving ...
3. Eclipse Production Restart Up in Air
(News/Business Daily)
... if it will restart manufacturing operations in Albuquerque," says the memo sent Tuesday to more than 750 former Eclipse Aviation employees who have expressed interest in jobs at the recently resurrected ...
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Albuquerque Journal newspaper stories

1. ABQJOURNAL NEWS/METRO: Would-Be Jet Buyers Sue Ex-CEO

... back tens of millions of dollars in deposit money.     In two separate lawsuits filed in state District Court in Albuquerque, the depositors claim Eclipse Aviation founder and former CEO Vern Raburn and others at the company misled them into increasing their deposits while knowing the jet orders would ...
full story

2. ABQJOURNAL BIZ: Aerospace Swapping

... trace back to the spring when Eclipse Aerospace was putting together what would ultimately be the successful bid to acquire the assets of defunct Eclipse Aviation in U.S. Bankruptcy Court in Delaware, said city chief operating officer Ed Adams. The exchange was planned as a way to allow the new Eclipse ...
full story

3. ABQJOURNAL NEWS/STATE: Eclipse Aerospace Wants Free Rent from Albuquerque

... Press       Eclipse Aerospace is asking the city of Albuquerque for free rent for five years.     The company bought the old Albuquerque-based Eclipse Aviation for $40 million and reopened Sept. 1 after Eclipse Aviation had entered bankruptcy proceedings. Eclipse Aviation is the manufacturer of the ...
full story

4. ABQJOURNAL BIZ: Eclipse Production Restart Up in Air

... has not determined when or if it will restart manufacturing operations in Albuquerque,” says the memo sent Tuesday to more than 750 former Eclipse Aviation employees who have expressed interest in jobs at the recently resurrected company.        A decision isn't expected for at least 6 to ...
full story

5. ABQJOURNAL UPFRONT: Some Are Seeing Nazis Under Every Rock

... upset about state capitalism - the investment of funds by the state into private enterprises, kind of like the state of New Mexico investing in Eclipse Aviation.     People are a little confused about the outcome of state capitalism as practiced by Uncle Sam, too. So far, the federal government ...
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6. ABQJOURNAL NEWS/STATE: State Economy Is Still Struggling

... , placing New Mexico 35th nationally for its percentage of troubled loans. The national rate was 12.1 percent.         • A deal to sell Eclipse Aviation to a European company early this year failed in part when the buyer could not secure financing. The failed deal cost 800 people their jobs. A Bankruptcy ...
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7. ABQJOURNAL BIZ: Reborn Eclipse Launches Web Site

... of the company.         The announcement was a little premature. Eclipse Aerospace didn't close on its purchase of the assets of the original Eclipse Aviation until three days later on Sept. 4, according to Adam Singer, legal counsel to the trustee in the original company's bankruptcy case in ...
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8. ABQJOURNAL BIZ: Eclipse Reopens - Unofficially

Wednesday, September 02, 2009 Eclipse Reopens - Unofficially Journal Staff and Wire       Eclipse Aviation unofficially reopened on Tuesday although there still was no word on whether the official deal to buy company assets had closed.        Company officials had expected the deal could close ...
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9. ABQJOURNAL NEWS/STATE: Jet-Maker Eclipse Aviation Opens Under New Owner

Tuesday, September 01, 2009 Jet-Maker Eclipse Aviation Opens Under New Owner By Heather Clark Associated Press       Eclipse Aviation officially opens its doors for business today after a troubled six months in bankruptcy proceedings with renewed hope that it will once again produce very light jets ...
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10. ABQJOURNAL BIZ: Bulletin Board

... and a master's degree in marketing, both from UNM. She completed internships at Sandia National Laboratories, National Security Technologies, Eclipse Aviation Glaxo-Smith-Kline.         mARCIE pORTER, senior staffing manager in the clerical division of Excel Staffing Cos., has earned the Professional ...
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