With a 21% drop in passenger volume for flights of 500 miles or less since 2000 airline entrepreneurs Robert Crandall and Donald Burr are planning to launch an air taxi...

With a 21% drop in passenger volume for flights of 500 miles or less since 2000 airline entrepreneurs Robert Crandall and Donald Burr are planning to launch an air taxi service Pogo. The idea is to introduce air travel on demand, using Web-based software to route a fleet of new-generation lightweight jets as needed.

The jets will fly point-to-point among the nation’s largely underused 5,400 smaller airports, situated within a half hour’s drive of 93% of Americans. These airports are free of the aggravating congestion of the 50 largest domestic hubs, through which 90% of travelers pass. The plan calls for 15 aircraft in the first 8 months of operation and 50 jets within 14 to 18 months, at which point Pogo is supposed to be breaking into the black on revenue of $70 million or so.

BASIC MEMBER CONTENT
This content is available for Basic Members.
Already a member, log in