 On October 10, 2018, One Aviation announced it had voluntarily filed for Chapter 11 bankruptcy.Citiking International, a Chinese-supported company, then acquired the company; and the acquisition was cleared on March 9, 2020.In 2013, Eclipse planned to submit the 550 for the USAF's very light jet requirement, even though that requirement specified FAR Part 25 certification and the 550 is certified to the less-stringent Part 23.