Sep 23, 2008

Eclipse Aviation Will Make Its Small Jets in Russia

Eclipse Aviation, a maker of small twin-engine jets that has been struggling with high costs and tight credit, said Tuesday that it would begin manufacturing in Russia. The company, based in Albuquerque, said it would receive $205 million in financing from the Russian state bank Vnesheconombank. The bank’s supervisory board is headed by the Russian prime minister, Vladimir V. Putin.

Not at all sketchy.

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