If you are upset about American politicians taking largess from Fannie Mae and Ginnie Mae, then thank your lucky stars you don't live in Russia. Russian Prime Minister Vladimir Putin has arranged for the Russian State Bank to provide $ 205M to construct an assembly factory for the Eclipse 500 very light jet (vlj) in Ulyanovsk, Russia.
The plant is expected to begin production in 2010 and will be managed by the European Technology and Investment Research Center (ETIRC) Aviation. ETIRC is the exclusive dealer for sales, maintenance, flight training and customer service for the Eclipse 500 vlj in Europe and mid-East countries.
According to officials of Eclipse in the United States the plant in Albuquerque, New Mexico will continue to operate at full capacity producing aircraft here in the U.S. for North and South American customers. In other news while DayJet's Eclipse 500 aircraft remain grounded on the ramp in Gainsville, FL and members of the Air Taxi Association (ATXA) continue to provide service for those DayJet customers who have gotten used to the convenience of point-to-point air travel.
With the U.S. investing in banks and insurance companies one begins to worry that we are moving more towards the Russian political model than the Russians moving to free market capitalizim which has been the mainstay of American industrial growth over the last several centuries. With all of these changes one wonders where aviation will be in this country over the next few years.
Until next time keep your wings straight and level Hersch!
Oh, I have slipped the surly bonds of earth,
And danced the skies on laughter-silvered wings;
Sunward I've climbed, and joined the tumbling mirth
Of sun-split clouds...and done a hundred things
You have not dreamed of...wheeled and soared and swung
High in the sunlit silence. Hov'ring there,
I've chased the shouting wind along, and flung
My eager craft through footless halls of air.
Up, up, the long, delirious burning blue
I've topped the windswept heights with easy grace
Where never lark, nor even eagle flew.
And while with silent, lifting mind I've trod
The high untrespassed sanctity of space...
...put out my hand, and touched the face of God.
by John Gillespie Magee, Jr.
Get your copy of "Slipping the Surly Bonds" based in part upon this famous poem.