
One Aviation's "Project Canada" Is Now Eclipse 700
The company believes it could be done with work on the aircraft in 18 to 24 months.
One Aviation's "Project Canada" will now formally be known as the Eclipse 700, One Aviation chairman Alan Klapmeier announced at EAA AirVenture 2017 in Oshkosh, Wisconsin. A cabin mockup and virtual reality presentation of the Eclipse 700 were on display at the airshow. Development work on the small twinjet is continuing, but One revealed this week that it has selected the Garmin G3000 avionics suite, Acme Aerospace lithium-ion battery system, and PPG Alteos electronically dimmable interactive cabin windows using Nuance V2 shading by Vision Systems.
Klapmeier said going with Garmin avionics will bring the aircraft more in line with contemporary standards and help "lower barriers to entry" for people to move into the airplane. He said the Williams engines provide ample thrust even on hot days at altitude, generating a 75-knot difference between the 550 and the 700 on such days and enabling an NBAA IFR range of 1,470 nautical miles.
Klapmeier said the price for the new airplane remains at $3.6 million and that the company holds approximately 30 orders, mostly from current Eclipse owners. He added that this does not include orders from China, where he thinks the aircraft will have considerable appeal. There will be a trade-in program for current Eclipse owners.
According to Klapmeier, the market for the Eclipse 700 is significantly larger than that for the EA500/550. He estimated that work on the Eclipse 700 could be finished within 18 to 24 months, contingent on raising capital. One Aviation is looking for an investment of $100 million to restructure the company overall and "less than $50 million" to finish the 700 in particular.
"We feel very good about the interest in the airplane," Klapmeier said. "It will be a new type certificate under the new simplified Part 23 requirements. We feel good about the certification schedule, because the FAA is being cooperative. And we feel good about the engineering schedule because the scale is so limited. So it is 18 to 24 months, and it is low enough risk so that the airplane will be in production before certification, so we can deliver them as soon as we get the paperwork."
For now, the company's Kestrel single-engine turboprop project has been shelved. "Everyone's working on Canada," Klapmeier said.