The news that Eclipse Aviation is out of money and has sent their employees home will undoubtedly bring the naysayers out. There will be criticism that State and Local government invested poorly in that company. The truth is that Eclipse is just one of many aviation manufacturers that are skidding into the abyss. Cessna, Beech, Adams and others are all in the same boat because of the credit crunch. It is sad that it is happening. Yes, Eclipse might have had a better business plan, but they embarked on a quest for a new kind of jet aircraft. They have a good product but ran out of time.
It will be interesting to see what ultimately happens here. Lets hope the media does a little research on this aviation issue before sending Eclipse and its supporters(me included) to the gallows.