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DayJet
DayJet was an American commercial aviation operation that provided on-demand jet travel using Eclipse 500 very light jets. Founded by Ed Iacobucci, the former leader of the IBM-Microsoft Joint OS/2 development team IBM executive and the founder of Citrix Systems, and his wife, network architect Nancy Lee Iacobucci, DayJet launched in October 2007. It was based in Delray Beach, Florida. Described by its founders as an on-demand jet taxi service, DayJet raised $61 million in venture funding, entered into a five-year agreement with the U.S. Federal Aviation Administration and purchased 28 passenger Eclipse 500 jets (4 and 8-seaters) at the cost of $1.5 million each before suspending operations on September 19, 2008, during the height of the 2008 financial crisis. DayJet was Eclipse Aviation's largest customer with a planned eventual delivery of 1,400 aircraft representing a majority of the estimated 2,500 Eclipse 500s on order. Its headquarters were in Delray Beach, Florida. ...
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DayJet - Air Taxi Service - Eclipse 500 Very Light Jet (545248173)
DayJet was an American commercial aviation operation that provided on-demand jet travel using Eclipse 500 very light jets. Founded by Ed Iacobucci, the former leader of the IBM-Microsoft Joint OS/2 development team IBM executive and the founder of Citrix Systems, and his wife, network architect Nancy Lee Iacobucci, DayJet launched in October 2007. It was based in Delray Beach, Florida. Described by its founders as an on-demand jet taxi service, DayJet raised $61 million in venture funding, entered into a five-year agreement with the U.S. Federal Aviation Administration and purchased 28 passenger Eclipse 500 jets (4 and 8-seaters) at the cost of $1.5 million each before suspending operations on September 19, 2008, during the height of the 2008 financial crisis. DayJet was Eclipse Aviation's largest customer with a planned eventual delivery of 1,400 aircraft representing a majority of the estimated 2,500 Eclipse 500s on order. Its headquarters were in Delray Beach, Florida. ...
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Eclipse 500
The Eclipse 500 (model EA500) is a very light jet (VLJ) originally produced by Eclipse Aviation of Albuquerque, New Mexico, United States. The company was founded in 1998 to develop the 1997 Williams V-Jet II demonstrator. The prototype first flew with Williams EJ22 turbofans on August 26, 2002. The engines were replaced by Pratt & Whitney Canada PW610Fs in 2004 and Eclipse Aviation won the Collier Trophy in February 2006 for the design. A provisional FAA type certification was received on 27 July 2006 and the first delivery occurred on 31 December 2006. The six-seat aircraft has an all-metal airframe with a T-tail and straight wings. It is powered by two turbofan engines in aft fuselage-mounted nacelles. The design is known for helping usher in a new category of VLJs when it was first delivered in late 2006. Production of the Eclipse 500 was halted in October 2008 due to lack of funding, after 260 aircraft had been delivered. On November 25 2008, Eclipse Aviation entere ...
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Eclipse Aviation
The Eclipse Aviation Corporation was the Albuquerque, New Mexico, United States-based manufacturer of the Eclipse 500 very light jet (VLJ), and also at one time proposed developing the Eclipse 400 single-engined jet. The company was founded in 1998 by early Microsoft employee and former Symantec CEO Vern Raburn. Due to Raburn's relationship with Microsoft, Bill Gates was a major stake-holder in the Eclipse project. The company was known for helping usher in a new category of VLJs when the Eclipse 500 was first delivered in late 2006. In October 2008, production of the Eclipse 500 was halted due to lack of funding. The company entered an unsuccessful Chapter 11 bankruptcy in November 2008, which was converted into a Chapter 7 bankruptcy liquidation procedure in February 2009. In the final Chapter 7 procedure, completed on August 20, 2009, there was only one bidder, a new company formed to acquire the assets, Eclipse Aerospace. Eclipse operated service centers at Albuquerque ...
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Very Light Jet
A very light jet (VLJ), entry-level jet or personal jet, previously known as a microjet, is a category of small business jets seating four to eight people. VLJs are considered the lightest business jets and are approved for single-pilot operation. History The first small jet-powered civil aircraft, the 1950s Morane-Saulnier MS.760 Paris, has been retroactively suggested as being the first VLJ, as it seats four with a single pilot and is smaller than modern VLJs. The production of MS.760 differs from modern business jets in having a sliding canopy for cabin access rather than a door; a six-seat version with an enclosed cabin and a conventional door was canceled after a single prototype was built. Two unbuilt Cessna aircraft of the 1950s and 1960s would have met the definition of a VLJ. The first was the 407, a four-seat civil version of the T-37 jet trainer proposed in 1959; however, the 407 never progressed past the mockup stage due to insufficient customer interest. The seco ...
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Delray Beach, Florida
Delray Beach is a city in Palm Beach County, Florida, United States. The population of Delray Beach as of April 1, 2020 was 66,846 according to the 2020 United States Census. Located 52 miles (83 kilometers) north of Miami, Delray Beach is in the Miami metropolitan area. History Early years The earliest known human inhabitants of what is now Delray Beach were the Jaega people. Tequesta Indians likely passed through or inhabited the area at various times. Few other recorded details of these local indigenous settlements have survived. An 1841 U.S. military map shows a Seminole camp located in the area now known as Lake Ida. In 1876, the United States Life Saving Service built the Orange Grove House of Refuge to rescue and shelter ship-wrecked sailors. The house derived its name from the grove of mature sour orange and other tropical fruit trees found at the site chosen for the house of refuge, but no record or evidence of who planted the trees was discovered. The first non-in ...
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Ed Iacobucci
Edward E. Iacobucci (September 26, 1953 – June 21, 2013) was an Argentine-American businessman who founded VirtualWorks and co–founded Citrix Systems. He is also known for his work as the architectural designer of the OS/2 and IBM DOS systems and as a virtualization pioneer. Biography Early years and education Edward "Ed" E. Iacobucci was born September 26, 1953, in Buenos Aires, Argentina to Dr. Guillermo and Costantina Iacobucci. His father, a biochemist, moved his family to the U.S. in 1960 to work first for E.R. Squibb & Sons (a predecessor to pharmaceutical giant Bristol-Myers Squibb), and then Coca-Cola. Roberto Goizueta, then Chairman of Coca-Cola, became a close friend of the Iacobucci family and, subsequently, Ed's godfather. Iacobucci graduated from Georgia Tech with a BSc in systems engineering in 1975. Career Iacobucci began his career at IBM in 1979 where he worked on the commercial software and personal computer business. While at IBM, Iacobucci held arch ...
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Eclipse Aerospace
Eclipse Aerospace was an American aircraft manufacturer, maintenance and upgrade company. The company provided maintenance and upgrades to the Eclipse 500 fleet and was the manufacturer of the Eclipse 550. The company was formed specifically to purchase the assets of bankrupt Eclipse Aviation, for which it paid US$20 million in cash and US$20 million in promissory notes in August 2009. In April 2015 the company was merged with Kestrel Aircraft to form One Aviation. In February 2021 One Aviation entered a Chapter 7 liquidation process. History ;2009 Eclipse Aviation, the Albuquerque, New Mexico-based manufacturer of the Eclipse 500 very light jet and the company that was developing the Eclipse 400 single-engine jet, was founded in 1998 by former tech industry executive Vern Raburn and entered bankruptcy on 25 November 2008. Initially Eclipse Aviation entered Chapter 11 bankruptcy, but when the sale of the company to its largest shareholder failed it was forced into Chapte ...
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Defunct Airlines Of The United States
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
{{Disambiguation ...
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List Of Defunct Airlines Of The United States
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing ...
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Cirrus SR22
The Cirrus SR22 is a single-engine four- or five-seat composite aircraft built from 2001 by Cirrus Aircraft of Duluth, Minnesota. It is a development of the Cirrus SR20, with a larger wing, higher fuel capacity, and a more powerful, 310-horsepower (231 kW) engine. The SR22 series has been the world's best-selling general aviation (GA) airplane every year since 2003. With 6,149 units delivered from 2001–19, and in combination with the SR20, a total of 7,645, it is the most-produced GA aircraft of the 21st century, and is the single most-produced GA aircraft made from composite material, accounting for over 30% of the entire piston aircraft market. The Cirrus SR22 is equipped with a whole-plane emergency recovery parachute system: the Cirrus Airframe Parachute System (CAPS). This has contributed to its market success and has given it the nickname "the plane with the parachute". Design and development The SR22, certified in November 2000, is a more powerful version o ...
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Economic Crisis Of 2008
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. T ...
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Florida
Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to the south by the Straits of Florida and Cuba; it is the only state that borders both the Gulf of Mexico and the Atlantic Ocean. Spanning , Florida ranks 22nd in area among the 50 states, and with a population of over 21 million, it is the third-most populous. The state capital is Tallahassee, and the most populous city is Jacksonville. The Miami metropolitan area, with a population of almost 6.2 million, is the most populous urban area in Florida and the ninth-most populous in the United States; other urban conurbations with over one million people are Tampa Bay, Orlando, and Jacksonville. Various Native American groups have inhabited Florida for at least 14,000 years. In 1513, Spanish explorer Juan Ponce de León became the first k ...
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