Pogo Jet, DayJet, and Other Air Taxi Cos Grounded By Credit Crunch

The short-haul, on-demand aviation business was working, but DayJet CEO says he can no longer raise the cash to buy the planes. Pogo Jet postponed IPO and launch until next year. Also affected: makes of very light jets, including Embraer, Honda, and Cessna. NYT

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