Eclipse Aviation are the world's leading very light jet manufacturer, providing jets which are both affordable and innovative. Their Eclipse 500 jet is an ideal jet for personal and business travel and at around $2 million, its bringing personal jet ownership into a new market.
Last week, the Eclipse 500 Very Light Jet had an Airworthiness Directive issued to it by the Federal Aviation Administration following an emergency landing by an Eclipse 500 at Chicago Midway International Airport on June 5th, 2008.
Eclipse Aviation very quickly issued two communications to inform owners and operators of the event in Chicago. As of June 6th, all fleet operators have taken the relevant action and the planes are in the air operating as normal.
The directive required for the pilots to check the thrust quadrant assembly. Some reports stated that it required the planes to be grounded, but this was not the case. The inspection took less than 10 minutes. This is the first issue for the jet in more than 18,000 fleet hours.
So it looks like this was a very minor issue and Eclipse Aviation have handled it well. Some industry watchers took this news with a deal of worry as this aircraft is used by a number of airtaxi services.
Louis Vuitton buys Yacht Manufacturer
The Louis Vuitton Group, LVMH, has purchased Dutch yacht manufacturer Royal van Lent. The yacht company make ultra high end yachts, with an average selling price of 30 million euros. The sellers are Dutch investment firm Egeria and the acquisition price is worth approximiately 11 times net profit.
Asics Inner Muscle Revolutionises Sport Clothing
High end sports clothing has recently gone down the route of tight elastic tops and shorts that initially appear about 4 sizes too small for the athlete. The theory is that the tops provide more overall support to muscles, which improves performance. Asics, a leading trainer company, has taken this technology one step further. Lusso took a look.
Topper chosen for Champion of Champions event
Topper Sailboats offer a range of 12 different boats for all abilities of sailor. They are highly regarded as having excellent construction quality and design. They have been chosen to be the craft of choice for the Endeavour Trophy at least up until 2010 and probably further into the future. Lusso have taken a closer look at this company to see how they do it.
Did Russian billionaire buy 496 million euro property?
Recently, it was reported that Villa Leopolda was sold to a Russian billionaire for just under 500 million euros. It soon revealed that Russian billionaire Mikhail Prokhorov was behind the sale. As is the habit with Russian oligarchs, Prokhorov made his billions in precious metals. In 2007 he launched a $17 billion private investment fund, so he was definitely wealthy enough to purchase the property.
Issue 15, Available December 2008.
Travel Special
The ultimate in peace and quite. Lusso Magazine investigates the best island resorts in the world - it's a tough job, but somebody's got to do it.
Ultimate Toys
Super yacht tenders, powerboats, motorbikes and super cars, we serve up the usual dose of high octane machinery.
And the regulars...
Brian Ebbesen, Arash Farboud, Nick English and others all share their views
The Value for Luxury Market
“Doug,Very interested in your article on EOS and this is something I am trying to re-create ...” By Nigel Worrall 27 September 2008
