A New Beginning for Another Eclipse?

Gemini Sparkle

Key Takeaways:

  • A federal bankruptcy judge has approved Eclipse Aerospace's $40 million offer to purchase the bankrupt Eclipse Aviation.
  • Eclipse Aviation, which had closed in February, is expected to reopen as Eclipse Aerospace on September 1.
  • Mike Press and Mason Holland Jr. are leading the re-establishment of the company under its new name.
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A federal bankruptcy judge has approved a $40 million purchase offer made by Eclipse Aerospace for Eclipse Aviation, or so says Mayor Martin Chavez, the Associated Press reported Thursday. Eclipse closed its doors in February, and now Mike Press and Mason Holland Jr. expect to reopen the company in its latest incarnation (as Eclipse Aerospace) on September 1. AVweb‘s Mary Grady caught up with Mike Press just prior to the judge’s ruling. Click through to hear his plans for the future.

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