On Tuesday, Boca Raton, Fla.-based DayJet made the difficult decision to put its growth plans on hold after not being able to obtain another $50 million in funding to move to the next stage. As a result, the per-seat, on-demand air-taxi operator laid off 100 of its roughly 260 employees and now plans to sell or lease out 16 of its 28 Eclipse 500s. Listen to DayJet president and CEO Ed Iacobucci tell the story in his own words.
Kenn Ricci, founder and former CEO of Flight Options, has once more reemerged at a new aviation venture. This time he’s landed at Nextant Aerospace, which recently announced a re-engining and avionics retrofit program for Beechjets and Hawker 400XPs. AIN spoke with Ricci to find out about Nextant’s 400NXT program, as well as parent company Directional Aviation, which he also leads.
At the recent Sun ’n’ Fun Fly-In in Lakeland, Fla., Piper Aircraft v-p of sales and marketing Bob Kromer and Cirrus Design CEO Alan Klapmeier told AIN about the progress of their respective single-engine jet prototypes. Both companies’ airplanes are nearly complete and will soon be in the air.
NBAA has long been trying to figure out how best to serve the needs of its small flight department members, and yesterday at Sun ’n’ Fun the association took another step in this direction by announcing a Light Airplane Conference & Exhibition that will be held in San Diego next March. AIN sat down with NBAA president Ed Bolen at the Lakeland, Fla. airshow to find out more about this new event.
Cessna unveiled a mockup of a large-cabin intercontinental jet at the 2006 NBAA Convention, and based on strong market acceptance announced on January 24 the formal launch of the biggest Citation yet. Yesterday, Cessna revealed many more details about the newly named Citation Columbus, and AIN asked Cessna chairman, president and CEO Jack Pelton for his insights on the new jet.
Adam Aircraft founder Rick Adam–who left the fledgling Englewood, Colo. aircraft manufacturer last year–has resurfaced at AdamWorks, which aims to design and manufacture complete composite solutions for any industry, including aerospace. AIN spoke with him to find out more about his plans for the newly formed company.
Piaggio Avanti fractional provider Avantair has been steadily building its operation and is taking delivery of the twin turboprops as fast as Piaggio can make them. Next year it will expand its fleet in a different direction with the addition of entry-level Phenom 100 twinjets. We sat down with Avantair founder and CEO Steve Santo for an update on the company and to find out what his plans are for the new fleet type.
Even before it announced an order for 30 Cessna Citation Xs and 80 Bombardier Challenger 300s at the NBAA Convention in September, XOJet was busy blurring the lines between fractional and charter operations. To find out more about the company’s unique business plan and future growth, AIN spoke with XOJet chief strategy and marketing officer Nick Solinger.