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Eclipse Aviation Eclipse 500 VLJ

Eclipse Aviation Eclipse 500 VLJ private jet holds up to 6 passengers, can speed-up of 425 MPH, and costs $1,500,000. Eclipse Aviation Eclipse 500 VLJ is manufactured by Eclipse Aviation. This will cost you $1350 per hour. The Eclipse 500 is the first of a new category of jets known as Very Light Jets (VLJ) which one day could be used as the cabs of the sky.

The Eclipse 500 became the first of a new class of Very Light Jets (VLJ) when the first jet was delivered in late 2006. The aircraft is powered by two lightweight Pratt & Whitney Canada PW610F turbofan engines in aft fuselage-mounted nacelles.

Production of the Eclipse 500 was halted in mid-2008 due to lack of funding and the company entered Chapter 11 bankruptcy on 25 November 2008. The assets of the company were intended to be sold to EclipseJet Aviation International by court order on 23 January 2009, but that company could not complete the sale due to lack of funds and the company was forced into Chapter 7 liquidation on 24 February 2009. In the final Chapter 7 procedure, completed on 20 August 2009, there was only one bidder, a new company formed to acquire the assets