There are still some hurdles to cross, as it appears that 'final agreement is expected within the next few months'. Vern and an E500 were dispatched to deepest Russia to host the press conference which provided us with this gem.
A few questions cross my mind.
Before he builds another factory, would Eclipse resources not be better spent of finishing the plane he has?
Part of the press release mentions a 'special free trade zone', which will be established for Eclipse. Why?
The stated purpose of this plant is to supply the growing market in Europe for the E500, without any reference to the number of orders they have in the area. '2,700' continues (as it has for years now) to be the magic number for total sales. Where are the extra sales?