DayJet Takes Off, Launching New Era in Regional Transportation

World’s First “Per-Seat, On-Demand” Jet Service to Improve Productivity and Quality of Life for Southeastern Business Travelers

TALLAHASSEE, Fla.—October 3, 2007—DayJet Corporation today announced the launch of the world’s first “Per-Seat, On-Demand” jet service in Florida. DayJet members – which number more than 1,500 business travelers – can now book just the seat they need aboard DayJet’s fleet of Eclipse 500™ very light jets (VLJs); customize travel according to their time and budget requirements; fly point-to-point between an initial five Florida DayPort™ airports; and return home in a single day. Prices start at a modest premium to equivalent full-fare economy coach airfares.

Today’s service inauguration and grand opening of its first DayPort facilities in Boca Raton, Gainesville, Lakeland, Pensacola and Tallahassee were marked by a press conference. Joining DayJet President and CEO Ed Iacobucci were Florida Lt. Governor Jeff Kottkamp, Tallahassee Mayor John Marks, Eclipse Aviation President and CEO Vern Raburn, Pratt & Whitney Canada President Alain Bellemare, and state and local leaders.

The company also confirmed its plans to expand “Per-Seat, On-Demand” service within the next two years to dozens of additional DayPort locations across the Southeast, including Alabama, Georgia, Mississippi, North Carolina, South Carolina and Tennessee.

Florida Governor Charlie Crist commented on DayJet’s service launch: “I applaud DayJet for making Florida its headquarters and launch pad. DayJet is investing in Florida’s economy by creating new jobs, and I commend them for their work.”

Lt. Governor Jeff Kottkamp stated: “Florida is a cradle of aviation innovation and has led the charge for decades. We applaud DayJet, whose launch begins by connecting five important cities throughout Florida, sparking a revolution in business travel that will bring major economic benefits to our state. DayJet’s service was conceived, developed and brought to reality in Florida, by Floridians, for Floridians.”

“We are embarking on a new era in regional transportation that, for the first time, brings the benefits of on-demand jet service to the average business traveler,” said Ed Iacobucci, DayJet president and CEO. “Starting today, business travelers in the Southeast can have all the power in the travel relationship. They can decide how much their time is worth and dictate a travel itinerary that increases their productivity and enhances their quality of life. It took years of hard work and innovations to make this new service a reality. It would not have been possible without close collaboration with our partners at Eclipse Aviation, Pratt & Whitney Canada, the Federal Aviation Administration, the State of Florida and our first DayPort communities.”

Florida Department of Transportation Secretary Stephanie C. Kopelousos said: “For more than 50 years, Florida has been the cradle of innovation and growth in the aviation industry. The state has supported commercial aviation with outstanding airports, infrastructure and technical education. Florida is the Aviation State, and today’s historic launch of DayJet’s ‘Per-Seat, On-Demand’ jet service is proof of that.”

U.S Representative John L. Mica, Republican Leader of the House Transportation and Infrastructure Committee stated: “Today launches a new era in aviation travel. Florida remains in the forefront of aviation innovation and I am pleased that this service will also better utilize some of our more underserved communities.”

Customer Convenience, Comfort and Control
DayJet’s customized approach to business travel turns the usual power structure of mass transportation on its head – passengers tell DayJet where and when they want to travel, and how much they are willing to pay. The company’s flexible Time-Value Pricing™ structure enables members to set a value for their time. If their time is at a premium, members can create a narrow travel window. When they have more flexibility, they can reduce their cost by setting a wider travel window. The more flexible members are with their travel time, the lower the airfare.

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