CEO: Scott Duffy
Disruption: Online reservations for the budding air-taxi business
Disrupted: Commercial airlines
Air taxis - tiny, short-hop planes that are so affordable that business fliers can charter them whenever they want - are taking off. Virgin Charter, majority-owned by Richard Branson, aims to be the Expedia for this new market. By creating a portal that connects travelers to charter operators, most of whom are mom-and-pop shops, the company plans to bring more revenue into the industry, reduce the cost of operating air charter services, and waste less jet fuel.
 With Virgin's online reservation system, Duffy aims to make booking a charter jet as easy as flying commercial.
Virgin Charter
|  Editor-at-Large Erick Schonfeld discovers startups with the potential to overturn existing industries or open up entirely new markets. (more)  With companies developing innovative ways to fight global warming, Cree founder John Edmond describes how LED lights are poised to change the way we see things. (more)  |
