[7][8][9] On 31 July 2009 Jeoffrey L. Burtch, the appointed Chapter 7 Trustee, filed a motion requesting the court's approval to sell the assets of Eclipse Aviation to Eclipse Aerospace a new company headed by Mike Press and Mason Holland, initially based in Charleston, South Carolina.

He stated that 30 organizations had expressed interest in the assets, 12 had signed non-disclosure agreements and received complete information and six had completed tours of the Eclipse facilities, "however, prospective purchasers were either hesitant to make the first public bid, were unable to obtain financing, required unacceptable conditions to closing, or otherwise backed out."

Without approval to pay for a bid and hopefully create an action, Burtch indicated that he would "most likely be forced to abandon or liquidate the Eclipse Assets on a piece meal basis.

"[10][11][12] The Chapter 7 sale hearing was heard in federal bankruptcy court on 20 August 2009, with Eclipse Aerospace as the sole and winning bidder.

[25] In October 2009 the company announced it would start offering upgrades for the Flight Into Known Icing and the AvioNG 1.5 avionics packages for existing aircraft.

Eclipse Aerospace confirmed that it will operate service centers at both Albuquerque International Sunport and Chicago Executive Airport.

As of October 2009 maintenance work has only been conducted at the Chicago facility, but the company has confirmed its commitment to retaining the Albuquerque location.

[26] By December 2009 the company was engaged in completing upgrades on the 28 ex-DayJet Eclipse 500s that has been acquired as part of the original asset purchase, with the aim of making them available for sale in spring 2010.

[28] At AirVenture 2010, on 29 July 2010 company President Mason Holland announced that they had upgraded 40% of the existing Eclipse fleet and had their service centres in Chicago, Boca Raton, Nevada and Albuquerque operational.

[30] At the National Business Aviation Association convention in October 2010 Sikorsky Aircraft announced that it would invest in Eclipse Aerospace.

[33] In March 2011 at Sun 'n Fun the company announced that they had been awarded a Supplemental Type Certificate to install the Avio Integrated Flight Management System developed by Innovative Solutions & Support in the Eclipse 500.

Eclipse CEO Mason Holland quickly clarified that the company had not asked for any further investment and that Sikorsky's share stood at 42%.