**Statement of Edward Iacobucci, President and CEO, DayJet Corporation**

Before the Committee on Commerce, Science and Transportation,
Subcommittee on Aviation on New Aircraft in the U.S Aviation System.

Good morning Chairman Burns, Senator Rockefeller, and Members of the
Subcommittee. Thank you for the opportunity to testify today on the
topic of very light jets (VLJs) and the work we are doing together with
the Federal Aviation Administration (FAA), the Joint Planning and
Development Office (JPDO), National Aeronautics and Space Administration
(NASA), Transportation Security Administration (TSA) and Eclipse
Aviation to develop and deploy the world's first commercial 'per seat --
on demand' regional air transportation service between secondary
communities using community airports.

In the United States the jet age has delivered safe, affordable
transportation ushering in broad based economic opportunity by
connecting major cities. Yet trips of 600 miles or less remain
frustrating and inefficient for millions of travelers. According to the
Department of Transportation (DOT) there were 29 percent fewer scheduled
flights less than 500 miles in 2005 than in 2000, while scheduled
flights at small regional airports dropped 17 percent during the same
period. For decades, despite concerted effort, a variety of subsidies
and programs have failed to bring broad-based, sustainable,
self-supporting commercial air service to secondary communities and
rural areas of the nation. Even in the case where flights are available,
multiple legs must be flown through a hub airport costing time and
money. Often regional trips require a forced overnight stay due to
flight scheduling. As a result, 136 million of the 192 million business
trips identified in the 2003 BTS Business Travelers Survey were spent
driving endless hours to regional meetings 100 to 750 miles away.

DayJet's corporate mission is to make direct on-demand jet air
transportation between secondary markets a commercial reality. DayJet
passengers will enjoy affordable, safe and secure air transportation
between these markets and our air transportation service will expand
local economic development opportunities in the communities we serve.
Earlier this year DayJet announced our initial service area in the
southeastern region including Florida, Georgia, Alabama, Mississippi,
North Carolina, South Carolina and Tennessee.

VLJs enable new travel options. DayJet's new 'per seat -- on demand'
service lowers the cost for individual travelers traveling on a VLJ by
aggregating other passengers on the aircraft (for a total of up to three
(3) passengers per flight) even as we manage all of the factors of
logistics and costs of providing the air service. Our marketing studies,
focus groups and agent-based demand generation technology shows us that
most of our travelers come off the highway. Our Advanced System
Technology for Real Time Operations (ASTRO) makes it possible to
establish a profitable business to serve customers with the highest
levels of safety, security and a great customer experience.

DayJet will connect smaller communities, metropolitan exurbs and rural
areas with a point-to-point service. With missions in the 100 to 600
statute mile range our short flights will avoid entering Class B air
space. Instead we will fly in under-utilized air space at flight levels
typically in the 18,000ft to 30,000ft range. DayJet plans to fly our
Eclipse 500 jets using a two-person crew meaning we will train and fly
with two pilots. Our business plan supports this level of personnel. We
will train our flight crews in a program that is similar to that of a
traditional airline. Eclipse Aviation in cooperation with United
Airlines will train our pilots using the most up-to-date methods and
equipment including flight simulation. As a FAA FAR 135 certificated
operator we choose to train our pilots and maintenance personnel at a
level that goes above and beyond minimal requirements. We do the same
when it comes to security.

DayJet will follow the TSA 12-5 rule for security, setting a higher
standard for an aircraft in this weight class beyond today's TSA
requirements. Our pilots and maintenance personnel will have 10 year
background checks, our parking lots will be monitored, ramps will be
fenced and all passengers will be escorted to and from our aircraft.
While this is not required by TSA at this time and many community
airports do not have security practices, at DayJet we believe security
and safety must be nurtured and lived everyday. This is why our
training, best practices and corporate culture are founded upon of
safety, security and accountability.

DayJet's investments in next generation technology are a factor driving
modernization of the National Air System (NAS). Working in partnership
with the FAA over the past three years and leveraging technical research
and development by NASA, we have identified key areas in which
operational best practices combined with new technology will be
implemented. These implementations on our aircraft and in our training,
maximize safety and operational availability while minimizing our impact
on work loads for Air Traffic Control (ATC). Our investments in on-board
technology and in training will allow DayJet to use new Required
Navigation Performance (RNP) routes and wide area augmentation system
(WAAS) lateral precision vertical (LPV) approaches. We will equip our
fleet with Automatic Dependent Surveillance Broadcast (ADS-B)
transponders allowing for much improved ground based surveillance. As
"ADS-B in" capability becomes available, we expect to reap the benefits
of reduced minimum separations and much improved situational awareness.
These innovations result in lower costs for all parties while enhancing
safety through greater flight precision in the utilization of air space
and in a greater variety of weather --- all meaningful near term
advantages of modernization.

In the longer term our active participation on the JPDO's Agile Airspace
Integrated Product Team (Agile IPT) provides an appropriate dialogue
mechanism for technical input and the sharing of information for future
planning purposes. As a business person with an in-depth understanding
of digital technology, who played a role in shaping the information
networked age over the past two decades, I believe that the JPDO's
development of the Concept of Operations and the Enterprise Architecture
working toward Network-Enabled Operations (NEO) is a essential to
realize the vision of a scaleable network-centric automated NAS model.

Innovation comes from setting standards and encouraging entrepreneurs to
invest in the realization and commercialization of the vision. We saw
this in the application of digital technology in telecommunications, the
Internet and Hi-Definition broadcasting. Many innovations come from
small companies and start-ups with new approaches and ideas. In aviation
we need to foster similar innovation by encouraging new entrants while
accommodating an evolutionary pathway for legacy stakeholders in their
move to modernize.

Mr. Chairman, this concludes my testimony. I would be happy to answer
any questions the Committee may have.

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