Production
Although many models are under development or awaiting certification, just three have so far made deliveries to customers:
- Cessna Aircraft Company delivered the first ever production VLJ, the six-seater Citation Mustang on November 23, 2006. They have now delivered at least 400 to customers.
- Eclipse Aviation, delivered 260 of their Eclipse 500 aircraft - the first on January 4, 2007. The company suffered from a series of problems and filed for Chapter 11 bankruptcy protection on November 26, 2008, and then Chapter 7 liquidation in February 2009. An investment by Sikorsky Aircraft is expected to bring an updated model currently called the Eclipse 550 into production in the future.
- The Embraer Phenom 100 has made 199 deliveries.
As of 2010, business jet sales were suffering due to the on-going late 2000s recession. The General Aviation Manufacturers Association reported in November 2010 that third quarter business jet sales were down 20.3% over the same period in 2009, with light jets suffering the most.
Read more about this topic: Very Light Jet
Famous quotes containing the word production:
“An art whose limits depend on a moving image, mass audience, and industrial production is bound to differ from an art whose limits depend on language, a limited audience, and individual creation. In short, the filmed novel, in spite of certain resemblances, will inevitably become a different artistic entity from the novel on which it is based.”
—George Bluestone, U.S. educator, critic. The Limits of the Novel and the Limits of the Film, Novels Into Film, Johns Hopkins Press (1957)
“The production of too many useful things results in too many useless people.”
—Karl Marx (18181883)
“Just as modern mass production requires the standardization of commodities, so the social process requires standardization of man, and this standardization is called equality.”
—Erich Fromm (19001980)