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U.S. buyer emerges for Eclipse Aviation assets

A 550 model plane Eclipse pictured during a 2014 press conference Wednesday morning at its headquarters in Albuquerque, New Mexico. (Roberto E. Rosales/Albuquerque Journal)

Copyright © 2020 Albuquerque Journal

_copyright”>Copyright © 2020 Albuquerque Journal

AML Global Eclipse LLC, a U.S.-based company backed by British businessman Christopher Harborne, announced this week that it has reached an agreement with Albuquerque-based One Aviation to purchase the assets of Eclipse Aerospace.

In a prepared statement, Harborne said the proposed sale represents a way to protect Eclipse – which is currently in Chapter 11 bankruptcy – and its assets from being liquidated.

“Whilst it is not yet clear what the future prospects for the Eclipse project might be, if our agreement is approved by the bankruptcy court, we look forward to working actively with all relevant parties to find a viable way forward,” Harborne said.

Eclipse, which produced a twin-engine light jet, filed for bankruptcy in 2008. Seven years later, Eclipse merged with Wisconsin-based Kestrel Aviation to form One Aviation, according to the Journal’s archives.

Harborne said the company welcomes contact from furloughed or former employees, suppliers, service providers and Eclipse aircraft owners.

A motion filed in U.S. Bankrupcy Court on Oct. 20 proposes a sale price of $5.25 million for the assets.

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