Eclipse Aerospace Hopes For Free Rent | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.01.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-Unlimited-04.11.24

Airborne-Unlimited-04.12.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Thu, Oct 15, 2009

Eclipse Aerospace Hopes For Free Rent

Hopes To Swap An Unused Building At Double Eagle Airport

Eclipse Aerospace, which recently re-opened the Eclipse Aviation facility in Albuquerque, New Mexico, is asking the city to allow it to operate rent-free for five years, and forgive an additional $2.5 million in back rent owed by the former company.

The total package would be worth about $7.5 million.  In exchange, Eclipse Aerospace says it will give the city a 42,000-square-foot building at Double Eagle Airport. 

Television Station KEWS reports that City Councilman Ken Sanchez estimates the building is worth a little more than $8 million.

Eclipse Aerospace was the winning bidder in September in a bankruptcy auction of the assets of Eclipse Aviation. The company had made the Eclipse 500 VLJ. While Eclipse Aerospace is not currently building new jets, it is supporting the aircraft already in the field, and offering upgrades to those airplanes to generate revenue.

FMI: www.eclipseaviation.com

Advertisement

More News

ANN's Daily Aero-Linx (04.15.24)

Aero Linx: International Flying Farmers IFF is a not-for-profit organization started in 1944 by farmers who were also private pilots. We have members all across the United States a>[...]

Classic Aero-TV: 'No Other Options' -- The Israeli Air Force's Danny Shapira

From 2017 (YouTube Version): Remembrances Of An Israeli Air Force Test Pilot Early in 2016, ANN contributor Maxine Scheer traveled to Israel, where she had the opportunity to sit d>[...]

Aero-News: Quote of the Day (04.15.24)

"We renegotiated what our debt restructuring is on a lot of our debts, mostly with the family. Those debts are going to be converted into equity..." Source: Excerpts from a short v>[...]

Airborne 04.16.24: RV Update, Affordable Flying Expo, Diamond Lil

Also: B-29 Superfortress Reunion, FAA Wants Controllers, Spirit Airlines Pulls Back, Gogo Galileo Van's Aircraft posted a short video recapping the goings-on around their reorganiz>[...]

ANN's Daily Aero-Term (04.16.24): Chart Supplement US

Chart Supplement US A flight information publication designed for use with appropriate IFR or VFR charts which contains data on all airports, seaplane bases, and heliports open to >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC