||| |—|—| | | | In mid-September, Nimbus Group announced that it had ordered 1,000 Eclipse 500 very light jets. Nimbus also made an investment in Eclipse; financial details of that deal have not been disclosed. Under the terms of the agreement, Eclipse will deliver the jets to Nimbus over a five-year period beginning in 2004.
Nimbus plans to use the six-place jets exactly where some in the industry, including Eclipse CEO Vern Raburn, have suggested that they might find an attractive niche, as relatively low-cost air taxi aircraft. Nimbus plans to operate the jets throughout North and South America.
