XOJet Eyes Continued Air Charter Growth

AINalerts » January 4, 2011
January 4, 2011, 12:20 PM

XOJet late last month announced 50-percent year-over-year growth and that it expects more of the same or better into this new year. The Brisbane, Calif.-based charter operator and private jet membership provider is accelerating expansion of its fleet, adding a Bombardier Challenger 300 and its first Challenger 605 last month. The company plans to add another of each type this year. XOJet also expects to increase investment in its infrastructure in New York, Los Angeles and San Francisco. While overall year-over-year business has risen 50 percent, growth at its New York, Los Angeles and San Francisco locations has exceeded this average, according to president of commercial operations Brad Stewart. “Our growth in New York, Los Angeles and San Francisco continues to accelerate, with all three markets growing more than 70 percent in recent months and exceeding 80 percent overall growth in November,” he added. In a drive to provide value-added service, said CEO Blair LaCorte, the company also became the first charter operator to equip its entire fleet with airborne Wi-Fi. XOJet is also unique in that its entire charter fleet is wholly owned.

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