Eclipse, OurPLANE Announce Fractional Order

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All of which is a good thing, if the anticipated demand for Eclipse 500s materializes. Already, Eclipse boasts more than 2,200 orders, secured with non-refundable deposits. Most recently, OurPLANE Inc., a leading player in fractional ownership of general aviation aircraft -- as opposed to business jets and turboprops -- announced an order for as many as 20 Eclipse 500s. The agreement, which is the operator's largest since OurPLANE launched service in 1999, marks the only fractional fleet customer for Eclipse Aviation, according to the company. OurPLANE says it will offer the Eclipse 500 to both qualified individual pilots and to small/medium-sized businesses. OurPLANE, which operates 22 aircraft from 15 locations in both Canada and the United States, says its customers can buy a fractional share on a brand-new, fully loaded Eclipse 500 for a fraction of the whole aircraft ownership costs. “This is unprecedented and marks an entire new era,” says Graham Casson, OurPLANE founder and CEO. “Now virtually every person who travels -- pilot, business owner or otherwise -- can afford their own private, personal jet." Shares are projected to start selling at $349,900, with fixed costs of $3,500 each month and hourly operating costs of $369. Additionally, OurPLANE recently announced the purchase of 10 new Cirrus SR22 G2 piston singles. In addition to Cirrus SR22 and SR20 models, the frax operator's piston fleet offers the Cessna 182 Skylane and the Raytheon/Beech Bonanza A36. Turbine aircraft offered by OurPLANE include the Raytheon/Beech King Air C90B, Pilatus PC-12 and, of course, the Eclipse 500.