WacoFan
Bigly
Apparently the Eclipse VLJ is toast. http://www.avweb.com/avwebbiz/news/EclipseFinallyFailsFailsFinally_199848-1.html
Someone explain to me how Vern Rayburn can burn through a billion plus getting this airplane certified, etc. Leland Snow has certified MANY different versions of airplanes since the 60's and has never, to my knowledge, burned investors or customers and has never been insolvent. Add to that how much Honda, Piper, Cirrus or Embraer are spending to certify their jets - does anyone know how much that will be? Is Vern Rayburn this generations Jim Bede? Heaping amounts of vaporware with a side order of snake-oil anyone?
My take-away from this is that if someone comes from an unrelated industry, with no experience in the industry they are entering, and tells you how inefficient things are and how they can do it better and revolutionize the business...run away fast. My only hope is that Rayburn lost his net-worth.
Someone explain to me how Vern Rayburn can burn through a billion plus getting this airplane certified, etc. Leland Snow has certified MANY different versions of airplanes since the 60's and has never, to my knowledge, burned investors or customers and has never been insolvent. Add to that how much Honda, Piper, Cirrus or Embraer are spending to certify their jets - does anyone know how much that will be? Is Vern Rayburn this generations Jim Bede? Heaping amounts of vaporware with a side order of snake-oil anyone?
My take-away from this is that if someone comes from an unrelated industry, with no experience in the industry they are entering, and tells you how inefficient things are and how they can do it better and revolutionize the business...run away fast. My only hope is that Rayburn lost his net-worth.
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