PPRuNe Forums - View Single Post - Eclipse in serious trouble?
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Old 25th Nov 2008, 19:58
  #16 (permalink)  
birrddog
 
Join Date: Mar 2008
Location: Where I'm pointing...
Posts: 583
Eclipse needs another $250 million to $300 million to resume normal operations and fulfill its obligations to customers with respect to post-certification improvements. But the amount could be slashed to $150 million if Eclipse reneges on all contracts, including $60 million of refunds owed to customers who canceled their contracts, elects not to honor flight into known icing and avionics upgrades (up to $50 million) and bumps the price of all aircraft to be delivered to $2.15million or more.
Hrmn, remove safety features _and_ increase the price... a difficult sell, although I do appreciate business trade offs are most often more complex than ever communicated.

According to the limited info above, they are pricing icing technology and avionics upgrades at $40-90 million...

Anyone on PPRuNe with any facts?
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