An Eclipse 500 DayJet plane is shown on June 13, 2007 before taking off at the Boca Raton Airport in Boca Raton, Fla. The company filed for bankruptcy on Nov. 14, 2008. (AP Photo/Wilfredo Lee)
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Eclipse News

Eclipse Employees and Family
If you would like to talk to us about the situation, please contact the KRQE Newsdesk (505) 764-5240 or email us: krqenewsproducers@krqe.com. You can remain anonymous if you wish.

 

Judge OKs Eclipse restructure requestJudge OKs Eclipse restructure request

A federal judge has granted Eclipse Aviation Corp.'s request to…

Eclipse files for bankruptcy protectionEclipse files for bankruptcy protection

Troubled Eclipse Aviation has filed for Chapter 11 bankruptcy …

Eclipse receives European certificationEclipse receives European certification

Eclipse Aviation Corporation's chief executive says he's …

DayJet files bankruptcyDayJet files bankruptcy

A company that had been a major customer of Eclipse Aviation …

Eclipse acquires short term financing Eclipse acquires short term financing

Eclipse Aviation has acquired short term financing to pay their…

DayJet files bankruptcy

Updated: Friday, 21 Nov 2008, 11:34 AM MST
Published : Friday, 21 Nov 2008, 11:34 AM MST

BOCA RATON, Fla. (KRQE) - A company that had been a major customer of Eclipse Aviation has filed for Chapter 7 liquidation nearly two months after shutting down operations.

DayJet Corp. filed for bankruptcy on Nov. 14, records show. It had $23 million in liabilities and $17 million in assets, according to its bankruptcy filing in a Delaware federal court.

Company officials said a failure to obtain capital was the main reason it stopped flying.

The company shut down its air taxi operations in September, citing financing problems and blaming Albuquerque-based Eclipse for not installing missing equipment or functionality or fix technical discrepancies.

At the time, in a message to customers, the company said it was possible the company could have received financing to resume operations.

DayJet had taken delivery of 28 Eclipse 500 aircraft before shutting down operations, and in May canceled plans to buy 70 more.

The Associated Press contributed to this report.