Very light jet shared ownership and management company Jet-Alliance aims to accelerate its expansion by acquiring the 28 Eclipse 500s previously operated by defunct air taxi operator DayJet.

 

Jet-Alliance chairman Randall Sanada says the California-based company aims to conclude by the end of May the acquisition of the VLJs on behalf of some of the owners who were left holding unfulfilled orders when Eclipse Aviation filed for bankruptcy in November.

 

Sanada says these owners stand to receive nothing for their 60% downpayments, given their unsecured creditor status in Eclipse Aviation's bankruptcy proceedings, but under the proposed deal would receive an ex-DayJet aircraft after paying the final 40% to United Technologies through Jet-Alliance.