Stelios Haji-Ioannou, who established and whose family retains almost 40 percent of British low-cost carrier (LCC) EasyJet, has partnered with UK entrepreneurs wanting to buy aviation companies.
“If you can’t beat them, join them” might well have been the theme for a debate on the challenge posed by the so-called no-frills carriers during last month’s general assembly of the European Regions Airline Association (ERA) in Salzburg, Austria.
Ed Iacobucci, founder and former chairman of software maker Citrix Systems, on April 25 announced his latest project–regional, per-seat, on-demand air-limo service using Eclipse 500s. His company, DayJet, has placed a firm order for 239 Eclipse 500s and taken options for 70 more and plans to start service with the very light jets by the middle of next year. Iacobucci hopes to transform regional business travel in the U.S.