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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 Eclipse 500 jets (4- and 6-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. DayJet ...
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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 PW600, 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. 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 entered Chapter 11, Title 11, United States Code, Chapter 11 bankruptcy, then Chapter ...
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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 stakeholder 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 Albuquerq ...
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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 that seat 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 s ...
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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, 2020 United States Census. Located in the Miami metropolitan area, Delray Beach is 52 miles (83 kilometers) north of Miami. 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 Houses of Refuge in Florida, 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 wh ...
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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 archi ...
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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 ...
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Defunct Airlines Of The United States
Defunct may refer to: * Defunct (video game), ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also

* * :Former entities * End-of-life product * Obsolescence {{Disambiguation ...
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List Of Defunct Airlines Of The United States
The following is a list of defunct airlines of the United States. However, some of these airlines have ceased operations completely, changed identities and/or FAA certificates and are still operating under a different name (e.g. America West Airlines changed to use the identity of US Airways in 2005 – which itself also changed identity to American Airlines in 2015). For reasons of size, this article is broken into four parts: * List of defunct airlines of the United States (A–C) * List of defunct airlines of the United States (D–I) * List of defunct airlines of the United States (J–P) * List of defunct airlines of the United States (Q–Z) See also *List of airlines of the United States * List of airports in the United States * List of defunct airlines of Guam * List of defunct airlines of Puerto Rico * List of defunct airlines of the United States Virgin Islands {{Airlines of the Americas * United States Airlines, defunct Airlines An airline is a compa ...
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Cirrus SR22
The Cirrus SR22 is a single-engine four- or five-seat composite aircraft built since 2001 by Cirrus Aircraft of Duluth, Minnesota, United States. It is a development of the Cirrus SR20, with a larger wing, higher fuel capacity and more powerful, 310-horsepower (231 kW) engine, and a 315 hp (235 kW) engine for the turbocharged version of the aircraft. In the general aviation (GA) industry, it became the first light aircraft with a full glass cockpit. The SR22 series has been the world's best-selling GA airplane every year since 2003. With 8,246 units delivered from 2001–24, and in combination with the SR20, a total of 10,178, it is the most-produced GA aircraft of the 21st century, and is the single most-produced aircraft made from composite material, accounting for nearly 50% of the entire piston aircraft market. The Cirrus SR22 has a whole-plane emergency recovery parachute system: the Cirrus Airframe Parachute System (CAPS). This has contributed to its market succe ...
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2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ...
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Florida
Florida ( ; ) is a U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders the Gulf of Mexico to the west, Alabama to the northwest, Georgia (U.S. state), Georgia to the north, the Atlantic Ocean to the east, the Straits of Florida to the south, and The Bahamas to the southeast. About two-thirds of Florida occupies a peninsula between the Gulf of Mexico and the Atlantic Ocean. It has the List of U.S. states by coastline, longest coastline in the contiguous United States, spanning approximately , not including its many barrier islands. It is the only state that borders both the Gulf of Mexico and the Atlantic Ocean. With a population of over 23 million, it is the List of U.S. states and territories by population, third-most populous state in the United States and ranks List of states and territories of the United States by population density, seventh in population density as of 2020. Florida spans , ranking List of U.S. states ...
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