PPRuNe Forums - View Single Post - Eclipse in serious trouble?
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Old 14th Nov 2008, 11:34
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Dimbleby
 
Join Date: Nov 2002
Location: Dublin
Posts: 54
The implications are that the EASA certification process will cease immediately. In fact I understand that the process has already ground to a halt some weeks ago, due lack of interim payment. I would be alost impossible for a third party to resurrect.

But they are not the only ones. PIPER appears to be in serious difficulty and has been unable to re-finance. I am told that if they survive Christmas it will be a good result.
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