Yesterday, Ed Iacobucci, CEO of DayJet, announced the scaling back of the company's growth plan for 2008, including a reduction of its work force. Iacobucci attributed the need for cutbacks to "external economic factors." DayJet, based in Boca Raton, FL, operates a fleet of Eclipse 500 very light jets .The company, which has been operating as a per-seat on-demand air taxi carrier since October of 2007, expected an additional investment of about $40 million "growth capital" in the first quarter of 2008 in order to open new markets. The new capital has not materialized. "We hired and trained a number of employees in anticipation of future growth and always planned for additional capital investment at this stage, ” said Iacobucci.
There is no plan to reduce the existing service area in the Southeast U.S. at this time, according to Iacobucci. "When the capital markets recover, then we would expect to resume the growth forecast in our original plan,” he said.
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Dayjet might be having a difficult time due to tighter credit these days but I think the real problem with Dayjet is that they are not enough better than the airlines.
ReplyDeleteVLJ’s still need airports, long taxi runs to the runway, idling and fuel burn to await take tower clearance, and an airport to land on that is far from where the passenger wants to go, waiting again for tower clearance, arriving at an airport that is not the real destination, that is an address in a town or city far from the airport.
What the passenger really needs is fast vertical take-off and landing VTOL. A fast VTOL could take off from a Vertiport in a town or city close to the departure point of the passenger, and fly at 300 knots to a Vertiport close to the passenger destination.
We at Aeromobile Inc. have developed a VTOL airplane, with a unique arc shape wing, that we feel would make the ideal taxi plane, allowing true point to point flight. In my blog, I talk more about this: http://drbertelsen.blogspot.com/search/label/VTOL.
2. RE: Mini-Jet Revolution, or Dot-Com with Wings?
ReplyDeleteIgnorant? The ignorance only come from fooled people. The many that don't stop to think where the Spin doctor's of The so called "Corporate inventions get the NEXT best craz". The whole idea behind the so called VLJ is Eclipse and Dayjet to get public support. Build up enough investors on future projections of PROFITS (no one knows when) The Ceo's get rich and the small investors and public lose in the end. THE TRUTH is these people have done it before with Computer tec and are now doing it in a aviation industry. The computer and internet bubble have made these people rich and created the 90's bubble to bankrupt millions in debt and close the small business by 2001. The goodfellas are back trying to fool you idiot! Eclipse is a sweat factory for the little jet that sucks. The production is slow because it's the frankinstien of parts coming from all over. Dayjet's another full of it secret sauce of spin news... Look at the model real closely and you see it too...
JOEH PETER NORB