Eclipse Aviation -- will it survive?
                   
nwsource.com     Aug 6, 2008          

Below is a report that will be filed shortly about Vern Raburn and his Eclipse Aviation. By James Wallace P-I aerospace reporter 'As a self-described "aviation nut," Vern Raburn – the former software executive and one of the early employees of Microsoft who remains a close friend of Bill Gates – was well aware of a famous saying in the aviation industry: The way to make a small fortune is to start with a big fortune. The charismatic, high-tech whiz raised at least a billion dollars from investors, including Gates, who were willing to hitch a ride on his dream that Eclipse Aviation, the company Raburn founded in 1998, could produce light and inexpensive six-seat jets (a pilot and five passengers) that would become an air-taxi service for the masses. But last week, while Raburn was at the famed Oshkosh air show, where his... [read full story]                    


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