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DayJet Looking At Restarting

DayJet Looking At Restarting

DayJet founder Ed Iacobucci remains bullish on the per-seat air taxi model his company pioneered and he says he´s looking for $ 5 million to get started again in a limited way. Iacobucci told the South Florida Business Journal he would operate the revived version of DayJet with about 10 aircraft and envisioned a service similar to the one he shut down a month ago, laying off the staff and returning 28 aircraft to Eclipse Aviation. He continues to blame the demise of the first incarnation of DayJet on the lack of available capital. A restart will also depend on independent financing, with Iacobucci noting that after putting $20 million of his own money into the company, "my liquidity is severely taxed." Plan B is bankruptcy and he said a "wind-down team" is in place if it comes to that.

/ Новости