Charter & Fractional
DayJet runs out of time and money
Boca Raton, Fla.-based DayJet–the per-seat, on-demand charter operator of Eclipse 500 very light jets–ceased operations and let go of most of its employees

Boca Raton, Fla.-based DayJet–the per-seat, on-demand charter operator of Eclipse 500 very light jets–ceased operations and let go of most of its employees on September 19, almost exactly a year after it started its air-taxi service in Florida before gradually expanding service to cover much of the Southeast.

Company founder Ed Iacobucci immediately stepped down as president and CEO but continues to serve as DayJet’s chairman. John Staten, the company’s CFO and senior vice president of operations, was named interim CEO.