A342 From Germany, joined Jul 2005, 4655 posts, RR: 4 Posted (4 years 11 months 3 weeks 6 days 20 hours ago) and read 4686 times:
Eclipse has raised the price of the Eclipse 500 by a staggering 33% to $2.15m. For some additional bucks, you can get much better aircraft. IMO this will drive off lots of customers.
At the same time, they have launched the single-engined Eclipse 400, previously known as the Eclipse Concept Jet, priced at $1.35m. Are they chewing more than they can swallow (again)?
Boeing4ever From , joined Dec 1969, posts, RR: Reply 1, posted (4 years 11 months 3 weeks 6 days 20 hours ago) and read 4672 times:
Hmmmm. Hopefully the avionics integration on the EA-400 (ex ECJ) goes a lot smoother. But truth be told it does seem like they're moving too fast, a little bit. The rise in price also puts the EA-500 into the realm of the Cessna Citation Mustang.
They might be rushing to try to head off Cirrus' Jet.
Looks like Single Engine Jets are now the hope to achieve cheap single-pilot operable jets.
XT6Wagon From United States of America, joined Feb 2007, 3130 posts, RR: 4 Reply 2, posted (4 years 11 months 3 weeks 6 days 20 hours ago) and read 4603 times:
expect other companies prices to rise too as the cost of doing buisness starts to climb steeply in the next year.
Nomadd22 From United States of America, joined Feb 2008, 1561 posts, RR: 0 Reply 3, posted (4 years 11 months 3 weeks 6 days 18 hours ago) and read 4424 times:
This is the same Eclipse that was suppose to go for $700,000 when the program began?
Good luck getting $2.15 million for that cramped, underpowered, tire blowing, still can't get the avionics straight financial disaster.
Boeing4ever From , joined Dec 1969, posts, RR: Reply 4, posted (4 years 11 months 3 weeks 6 days 16 hours ago) and read 4363 times:
Quoting Nomadd22 (Reply 3): Good luck getting $2.15 million for that cramped, underpowered, tire blowing, still can't get the avionics straight financial disaster.
I knew about the avionics, but tire blowing and underpowered? I thought the switch to P & W took care of power issues. Not sure about the tire blowing.
Quoting XT6Wagon (Reply 2): expect other companies prices to rise too as the cost of doing buisness starts to climb steeply in the next year.
Mir From United States of America, joined Jan 2004, 19708 posts, RR: 56 Reply 6, posted (4 years 11 months 3 weeks 6 days 8 hours ago) and read 4213 times:
Quoting A342 (Thread starter): Are they chewing more than they can swallow (again)?
They may well be able to deliver on their promises this time. But with all the mess that happened with the 500, I wouldn't count on getting many orders for the 400 until the plane has actually proven itself.
If the company lasts that long, that is.
-Mir
7 billion, one nation, imagination...it's a beautiful day
Wow, floating, no anti-skid system. Seems like something a manufacturer would encounter back in the 70's and deal with while the plane was in service.
Well, that answers the blown tire issues.
Quoting Mir (Reply 6): They may well be able to deliver on their promises this time. But with all the mess that happened with the 500, I wouldn't count on getting many orders for the 400 until the plane has actually proven itself.
Quoting Mir (Reply 6): If the company lasts that long, that is.
Well they are delivering airplanes now, albeit without what was promised. How many of these things need to be delivered for Eclipse to get a decent ROI?
I'd me more concerned about future sales of the EA-500. It costs about as much as a Mustang or Phenom 100, though still less. However it doesn't have an anti-skid system, the avionics package is under-delivered, it does not have certification in Europe, and is it even certified for FIKI here yet?
If the EA-400 can hold its own against the Cirrus Jet, then Eclipse will be better off than now.
BTW, anyone noticed the amazing similarities in configuration between the EA-400 and the Cirrus Jet?
Lightsaber From United States of America, joined Jan 2005, 10682 posts, RR: 100 Reply 8, posted (4 years 11 months 3 weeks 6 days ago) and read 4024 times:
No ABS?!?
I missed that *feature.*
Quoting A342 (Thread starter): For some additional bucks, you can get much better aircraft. IMO this will drive off lots of customers.
I'm shocked at the level of the price increase. At $1.5 million, there is no direct competitor to the eclipse 500 (and thus its market niche). A quick google search has the Mustang at $2.4 Million and the Phenom 100 at $2.75 million. $1.5M to $2.4 was over a 50% price increase (different markets). $2.15 to $2.4 is only a 12% mark up! Heck, it almost puts the Phenom 100 in the same market... (not quite, a 28% higher list price will deter some customers).
Quoting A342 (Thread starter): At the same time, they have launched the single-engined Eclipse 400, previously known as the Eclipse Concept Jet, priced at $1.35m.
That is a quarter million more than I expected. I'm not sure there is much of a market at $1.35M.
I was a HUGE fan of the Eclipse when it was first proposed. I never thought it would continue to sell for the initial teaser price. But I also never expected a jet without ABS, the promised range, or...
Note: I'm sure the Mustang and Phenom 100 have had their prices raised. But still... The Eclipse 500 had a few advantages (e.g., low cost per flight hour), that go away with a high purchase price...