News Item

03.29.10
Eclipse Aerospace Announces Introduction of the Total Eclipse®

ALBUQUERQUE, NEW MEXICO, MARCH 29, 2010 – Eclipse Aerospace, Inc. (EAI) today announced that it is rolling out a new factory refurbishment program entitled “Total Eclipse®” for new customers to purchase and experience the world’s only certified twin-engine Very Light Jet. The Total Eclipse program marks the completion of the final design of the original EA500 aircraft.

Delivering On a Compelling Vision

In September 2009, Eclipse Aerospace embarked on a mission to finish the design and promised capabilities of the breakthrough Eclipse 500. Since acquisition of the company, Eclipse Aerospace has been investing in, and completing the design and certification of, the original EA500 jet, which now includes FIKI (Flight Into Known Icing) and GPS coupled autopilot.

“Leading the way to a new generation of aircraft, the EA500 is a sophisticated, high-performance, economic twin jet with low operating costs, low environmental impact and uncompromised safety,” said Mason Holland, Chairman and President of Eclipse Aerospace. “In their rush to deliver the aircraft, the former manufacturer of the EA500 [Eclipse Aviation Corporation] delivered to owners an aircraft that was only about 85 percent complete. These aircraft were great performers, but still lacked several important features. We now have completed the design and engineering of the EA500.”

Eclipse Aerospace has re-engaged major suppliers of the aircraft’s components and systems. EAI, now with over 100 engineers and technicians, continues to develop new features and increased functionality that will be included in the next version of the aircraft when production eventually resumes.

Don’t Wait, Fly a Total Eclipse Now

Total Eclipse program customers can buy a fully configured EA500 aircraft that encompasses all currently available features and functionality. Specific components will include flight to 41,000 feet, 20,000 cycle airframe life and an on-board color radar, electronic moving maps and eCharts (Jeppesen) all presented directly on the EA500 multifunction display. Every Total Eclipse, priced at $2.15 million, also includes a factory warranty. For a limited number of “early buyers” each Total Eclipse purchase also comes with a guaranteed buy-back provision. With this guarantee, EAI will agree to repurchase the aircraft for a guaranteed amount which can be applied towards a first year production slot when EA500 manufacturing resumes.

Trade-in Opportunity for Existing Customers

Existing EA500 owners may also take advantage of the Total Eclipse program. For a limited time, Eclipse Aerospace plans to offer trade-in credits for used EA500 aircraft ranging from $1 - 1.7 million depending on the condition and features of the aircraft presented for trade in.

“The Total Eclipse program is the most comprehensive and important action we have taken to date as we expand our support for EA500 owners,” said Holland. “The people who own and fly the initial fleet of 260 EA500 aircraft are the innovators of the very light private jet aircraft market. They have recognized the great performance, unparalleled value and high utility of this fantastic jet. We are proud that with this announcement, Eclipse Aerospace is delivering on the full promise of the Eclipse 500.”

Additional information about the Total Eclipse program, including a full list of benefits and features, is available at www.eclipseaerospace.net or by calling 877-375-7978.

About Eclipse Aerospace, Inc.

Eclipse Aerospace, Inc. (www.eclipseaerospace.net) began full operations to support the fleet of 260 Eclipse 500 Jet aircraft. Adhering to the motto “Customers First,” Eclipse Aerospace is focused on providing a superior customer experience for existing and future owners, operators and pilots of the revolutionary Eclipse 500 aircraft by providing factory upgrades to deliver robust, fully functional and feature rich Eclipse 500 aircraft. Eclipse Aerospace corporate offices are based in Charleston, SC. Principal operations are located in Albuquerque, N.M., and Chicago, Ill.

Other Press Releases:

05.13.13: Crownair Selected as Factory Authorized Gold Service Center for Eclipse Twin-Engine Jets

04.09.13: Eclipse Launches Tour of Modern, Updated Production Facility

03.28.13: Eclipse Receives Production Certificate for EA550 Final Assembly

03.18.13: Eclipse 550 Jet 'Powered Up' on Its Way to First Delivery

01.07.13: Eclipse Submits RFI to USAF Request for Very Light Jet Fleet

10.31.12: Eclipse Reveals Lexavia as Enhanced Vision Supplier

10.30.12: IS&S and Eclipse Aerospace Announce Production Order for Eclipse 550 Flightdeck

09.26.12: Eclipse Announces Anti-Skid Brakes

07.24.12: Eclipse Aerospace Announces Brazilian Type Certification Validation

07.25.12: Pratt & Whitney Canada’s PW610 Engine Selected to Power New Eclipse 550 Aircraft

07.03.12: Eclipse Aerospace Announces "Total Eclipse = Total Savings" Program

06.04.12: Eclipse Announces Official Start of Production of 550 Model

05.15.12: PZL Mielec, a Sikorsky Company, Contracted to Build Eclipse 550 Airframe

04.25.12: Eclipse Receives Production Certificate from FAA for the Eclipse 550

04.19.12: Eclipse Operator Receives Part 135 Paperless Cockpit Approval

02.22.12: iPad App Announced for Eclipse Jet Owners

11.14.11: EAI Announces UAE Type Certificate Validation & 5 Aircraft Sales Into Region

10.10.11: An Eclipse Jet is donated to the Veterans Airlift Command at NBAA

10.10.11: Eclipse 550: Now Taking Orders

07.28.11: Eclipse Sales Take Off at EAA AirVenture 2011

07.25.11: Eclipse Jet Returns to 41,000 Feet

06.23.11: PhostrEx Receives FAA Approval

06.08.11: Total Eclipse Over Birmingham

06.06.11: Eclipse Sells Out Avio IFMS Upgrades for 2011

03.30.11: Eclipse Receives STC for Avio IFMS

02.02.11: Sikorsky Aircraft Completes Investment in Eclipse Aerospace

10.20.10: Eclipse Aerospace, Inc. and Sikorsky Aircraft Corp. Announce an Agreement in Principle for Sikorsky to Make an Investment in Eclipse

10.19.10: Eclipse Aerospace & IS&S Announce an Integrated FMS for Eclipse Twin-Engine Jet

09.20.10: Eclipse Aerospace Announces Release of Enhanced Windshield, Return to 41,000 Feet

09.02.10: SimCom's Eclipse Sims Receive FAA Level D Certification

05.26.10: Eclipse Aerospace Announces Eclipse Aircraft Insurance Program

05.06.10: Boca Aircraft Maintenance Named US Southeast Factory Authorized Gold Service Center for Eclipse Aerospace

04.19.10: Eclipse Aerospace Announces Platinum Service Center in Istanbul

03.18.10: Eclipse Selects SimCom as Training Partner

02.26.10: Eclipse 500 Meets Environmental and Economical Needs of U-Haul International