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Aviation News Item: 01319
10th Apr 2009
Hawker Beechcraft and Eclipse Owners Group Enter Into Letter of Intent
Source: fly-corporate.com
 The Eclipse Owners Group (EOG) has signed a nonbinding Letter of Intent with Hawker Beechcraft Corporation (HBC).
The parties will begin negotiations for a definitive binding agreement under which HBC would provide maintenance upgrades and other aircraft services to EOG members, consisting of individual Eclipse 500 owners. In the search for a solution for Eclipse owners, the EOG will negotiate with HBC to provide the needed maintenance and support services to keep the Eclipse 500s flying in the event the EOG purchases the assets of the Eclipse Aviation Corporation (EAC).
The EOG will own the Type Certificate and be responsible to the FAA and other regulatory agencies for the reporting and compliance required to maintain the Type Certificate. HBC will provide services and support to the EOG so that the EOG can perform its regulatory obligations and keep the Eclipse 500s compliant with FAA and other regulatory rules. In order to support service for the Eclipse 500s, HBC would provide service in designated HBC service centres.
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