Everything about Dayjet totally explained
DayJet is a new commercial aviation operation providing corporate jet travel at commercial airline prices. The company began operations in Florida in the summer of 2007 and expanded into the southeast United States. DayJet uses
Very Light Jets (VLJs) to provide
air limo service using a fleet of the new economical
Eclipse 500's. The company aims to serve smaller cities and communities with an alternative to driving a few hundred miles for a short visit. A person could save enough time and overnight hotel stay to make the trip cheaper than driving or even flying through a hub. It is with this vision that DayJet is a founding member of the
Air Taxi Association (ATXA).
Customers on DayJet book online, and schedules are selected based on customer needs. They pick the place to and from where they want to go, the date of travel, and the time they want to arrive. The more flexible their arrangements, the lower the fare which could be similar to the price of a standard economy flight and a night in a hotel.
DayJet has 239 orders booked for the Eclipse 500, and expects to place 70 more over the next two years. The first delivery of three Eclipse 500 aircraft took place on March 31st, 2007.
DayJet launched its service on October 3, 2007.
DayJet's chairman, Ed Iacobucci, was founder of Citrix Systems, and was a member of the SCO Group's Board of Directors between 2000 and 2007. Mr Iacobucci has said the economics of VLJs will allow a new form of air travel which he calls “per-seat on-demand”.
May 2008 Financial Problems
On 6 May 2008 DayJet announced that it's scaling back its operations and laying off 100-160 employees in all segments of the company. The company will also be selling off or leasing out 16 of the 28
Eclipse 500s it current operates.
DayJet founder and CEO Ed Iacobucci indicated that the company needs
USD$40M to reach profitability, but that the current economic climate hasn't permitted the company to raise that amount. Services in currently served airports will remain available for the forseeable future. Iacobucci has stated that the company has proven that the operational concept is sound, but that the current fleet needs to be quickly expanded to 50 aircraft to be profitable.
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