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:
“From the war of nature, from famine and death, the most exalted object which we are capable of conceiving, namely, the production of the higher animals, directly follows. There is grandeur in this view of life, with its several powers, having been breathed into a few forms or into one; and that, whilst this planet has gone cycling on according to the fixed law of gravity, from so simple a beginning endless forms most beautiful and most wonderful have been, and are being, evolved.”
—Charles Darwin (1809–1882)
“Constant revolutionizing of production ... distinguish the bourgeois epoch from all earlier ones. All fixed, fast-frozen relations, with their train of ancient and venerable prejudices are swept away, all new-formed ones become antiquated before they can ossify. All that is solid melts into air, all that is holy is profaned, and man is at last compelled to face with sober senses, his real conditions of life, and his relations with his kind.”
—Karl Marx (1818–1883)
“By bourgeoisie is meant the class of modern capitalists, owners of the means of social production and employers of wage labor. By proletariat, the class of modern wage laborers who, having no means of production of their own, are reduced to selling their labor power in order to live.”
—Friedrich Engels (1820–1895)