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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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Boca Raton, Florida
Boca Raton ( ; es, Boca Ratón, link=no, ) is a city in Palm Beach County, Florida, United States. It was first incorporated on August 2, 1924, as "Bocaratone," and then incorporated as "Boca Raton" in 1925. The population was 97,422 in the 2020 census, and it was ranked as the 344th largest city in America in 2022. However, approximately 200,000 additional people with a Boca Raton postal address live outside of municipal boundaries, such as in West Boca Raton. As a business center, the city experiences significant daytime population increases. Boca Raton is north of Miami and is a principal city of the Miami metropolitan area, which had a population of 6,012,331 as of 2015. Boca Raton is home to the main campus of Florida Atlantic University and the corporate headquarters of Office Depot. It is also home to the Evert Tennis Academy, owned by former professional tennis player Chris Evert. Boca Town Center, an upscale shopping center in central Boca Raton, is one of th ...
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Air Taxi
An air taxi is a small commercial aircraft that makes short flights on demand. In 2001 air taxi operations were promoted in the United States by a NASA and aerospace industry study on the potential Small Aircraft Transportation System (SATS) and the rise of light-jet aircraft manufacturing. Since 2016, air taxis have reemerged as part of the burgeoning field of eVTOL. Regulation In Canada, air taxi operations are regulated by Transport Canada under Canadian Aviation Regulation 703. The Canadian definition of air taxi includes all commercial single-engined aircraft, multi-engined helicopters flown by visual flight rules by one pilot and all multi-engined, non-turbo-jet aircraft, with a maximum take-off weight or less and nine or fewer passenger seats, that are used to transport people or goods or for sightseeing. In the US, air taxi and air charter operations are governed by 14 CFR Part 135 and 14 CFR part 298 of the Federal Aviation Regulations (FAR).
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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 ...
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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 (di ...
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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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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 ...
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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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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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Federal Aviation Administration
The Federal Aviation Administration (FAA) is the largest transportation agency of the U.S. government and regulates all aspects of civil aviation in the country as well as over surrounding international waters. Its powers include air traffic management, certification of personnel and aircraft, setting standards for airports, and protection of U.S. assets during the launch or re-entry of commercial space vehicles. Powers over neighboring international waters were delegated to the FAA by authority of the International Civil Aviation Organization. Created in , the FAA replaced the former Civil Aeronautics Administration (CAA) and later became an agency within the U.S. Department of Transportation. Major functions The FAA's roles include: *Regulating U.S. commercial space transportation *Regulating air navigation facilities' geometric and flight inspection standards *Encouraging and developing civil aeronautics, including new aviation technology *Issuing, suspending, or revoking ...
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Citrix Systems
Citrix Systems, Inc. is an American multinational cloud computing and virtualization technology company that provides server, application and desktop virtualization, networking, software as a service (SaaS), and cloud computing technologies. Citrix products were claimed to be in use by over 400,000 clients worldwide, including 99% of the Fortune 100, and 98% of the Fortune 500. The company was founded in Richardson, Texas in 1989 by Ed Iacobucci, who served as chairman until his departure in 2000. It began by developing remote access products for Microsoft operating systems, licensing source code from Microsoft, and has been in partnership with the company throughout its history. By the 1990s, Citrix came to prominence as an industry leader in thin client technology, enabling purpose-built devices to access remote servers and resources. The company launched its first initial public offering in 1995 and, with few competitors, experienced large revenue increases between 1995 and ...
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OS/2
OS/2 (Operating System/2) is a series of computer operating systems, initially created by Microsoft and IBM under the leadership of IBM software designer Ed Iacobucci. As a result of a feud between the two companies over how to position OS/2 relative to Microsoft's new Windows 3.1 operating environment, the two companies severed the relationship in 1992 and OS/2 development fell to IBM exclusively. The name stands for "Operating System/2", because it was introduced as part of the same generation change release as IBM's " Personal System/2 (PS/2)" line of second-generation personal computers. The first version of OS/2 was released in December 1987 and newer versions were released until December 2001. OS/2 was intended as a protected-mode successor of PC DOS. Notably, basic system calls were modeled after MS-DOS calls; their names even started with "Dos" and it was possible to create "Family Mode" applications – text mode applications that could work on both systems. Be ...
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