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another VLJ bites the dust

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Ouch, thats gonna sting

From the AOPA article:

"However, some Eclipse customers received a letter Nov. 25 from the company outlining how different customer groups will be affected by the reorganization and sale. The letters advise those who have placed deposits on aircraft or requested refunds that they are unsecured creditors of the company and it will be up to the new company to determine whether or not to honor those obligations. In addition, warranty claims will not be honored, and Eclipse will void contracts for its JetComplete program, which allowed operators to purchase packaged aircraft management and support services such as scheduling routine maintenance, updating navigation system databases, and assistance with filing flight plans and aggregating weather information."
 

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