Updated: Saturday, 28 Feb 2009, 1:20 PM MST
Published : Saturday, 28 Feb 2009, 1:19 PM MST
ALBUQUERQUE, N.M. (AP) - Two companies have announced plans that they seek to purchase all or part of Eclipse Aviation as a federal bankruptcy judge prepares to rule on whether the manufacturer should be liquidated under Chapter 7.
Phil Friedman, who runs Harlow Aerostructures in Kansas, has
created a new company called New Eclipse Acquisition LLC that he
hopes can purchase Eclipse Aviation's assets should Chapter 7
Friedman says his company would begin producing jets in 2011 and will hire 400 workers immediately to improve the current jet.
Bill Herp, president and CEO of Concord, Mass.-based Linnear Air, says he has created Eclipse Services and Support LLC.
Herp says he's working with Eclipse customers to form a cooperative that would upgrade and service more than 250 Eclipse 500s.