One Aviation Facing Further Evictions
One Aviation is on the brink of eviction from its facilities at Albuquerque International Sunport (ABQ), according to AIN. The company allegedly owes the City of Albuquerque more than $895,000 in back rent. This development is the latest in a series of struggles for One Aviation, including two rounds of layoffs in 2017, eviction from its Brunswick, Maine, hangar facility for failing to pay rent last October, and potential legal action from the state of Wisconsin for failure to keep up with payments on more than $3.5 million in loans.
The City of Albuquerque issued a Notice to Surrender Property or Cure Default on April 26, giving One Aviation until May 8 to either pay or leave. In terms of what the city has planned for the facilities, the Albuquerque Journal reports that $250,000 in economic development incentives are under consideration for charter company CSI Aviation to “renovate the former headquarters of Eclipse Aerospace.” The project is expected to go before the Albuquerque City Council in May.
One Aviation was formed by a merger of Eclipse Aerospace and Kestrel Aircraft in 2015. The company has been developing the Kestrel 350 single-engine turboprop and the Eclipse EA700 (Project Canada) twinjet. The Kestrel 350 first flew in 2006, but the project has taken a backseat to the EA700. So far, only the EA700’s wing—attached to a modified Eclipse 500—has undergone flight testing.