August 22, 2014

DayJet

Business Travel, Point-to-Point

Mike Vogel | 6/1/2005
BUSINESS TRAVEL, POINT-TO-POINT

If Ed Iacobucci becomes as successful at transforming business air travel as he was transforming PCs, network and server-based computing, fasten your seatbelts. Iacobucci left Fort Lauderdale-based Citrix, the successful software business he founded, in 2000. Since then, he has spent most of his time developing a radically different approach to air travel.

His solution: Eliminate the long days and overnight stays business travelers endure as they travel among secondary markets -- getting from Knoxville, Tenn., to Jackson, Miss., for example. His company, DayJet, will use six-passenger Eclipse jets to offer no-frills, on-demand travel for only 25% to 75% more than a full-fare coach ticket.

How? The key is Iacobucci's genius at computing, and a team of demographers, engineers, mathematicians accomplished in algorithms and heuristics, and scientist experts in complexity. They've built the technology, they say, to route the company's jets among the cities in its network with enough paying passengers to generate profits. Iacobucci plans to buy up to 309 Eclipses and begin service next year.

Revolutionizing air travel will take lots more than the $18.3 million he's raised to date. And air travel is where fortunes go to die. But Iacobucci and the high-powered board he and his wife, Nancy, have assembled are convinced it'll work. "It's based on real productivity gains for real people," Iacobucci says.
- Mike Vogel

Tags: Dining & Travel, Southeast

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

HitchBOT
HitchBOT

There's a hitchhiker making its way across Canada who doesn't have a driver's license--because it's a robot. The goal of the project is to see how comfortable humans are when traveling with robots. 

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

After meeting with climate scientists, what should Gov. Scott's next move be?

  • Take action: He should adopt recommendations and move quickly to avoid greater disaster and economic problems.
  • Remain neutral but at least make a statement addressing concerns.
  • Take no action. Gov. Scott has more important, more immediate matters to attend to.

See Results

Ballot Box
Subscribe