A New Beginning for Another Eclipse?

Gemini Sparkle

Key Takeaways:

  • A federal bankruptcy judge approved Eclipse Aerospace's $40 million offer to purchase Eclipse Aviation.
  • Eclipse Aviation, which had closed in February, is slated to reopen as Eclipse Aerospace on September 1.
  • Mike Press and Mason Holland Jr. are leading the new incarnation of the company.
  • Mike Press's plans for the future were discussed in an accompanying interview prior to the judge's ruling.
See a mistake? Contact us.

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.

Duration:

File Size: download here

Sign-up for newsletters & special offers!

Get the latest stories & special offers delivered directly to your inbox

SUBSCRIBE