Manufacturing Industry
Aviace AG to purchase 112 aircraft from Eclipse Aviation
Airline Industry Information, May 30, 2002
AIRLINE INDUSTRY INFORMATION-(C)1997-2002 M2 COMMUNICATIONS LTD
Swiss company Aviace AG has reportedly placed an order with Eclipse Aviation for 112 small jet aircraft.
Aviace has signed a letter of intent for the twin engine Eclipse 500 aircraft, which can seat six passengers. The aircraft - worth USD100m - are scheduled to be delivered between 2004 and 2006, however Eclipse has yet to complete building or testing its first aircraft.
The company is planning to use the aircraft to start a jet aircraft club offering service for frequent travellers to smaller airports not served by commercial flights. The club will initially begin in Switzerland and expand to other parts of Europe, according to The Associated Press.
((Comments on this story may be sent to aii.feedback@m2.com))
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions


