April 18, 2014 4:07 PM ET

Airlines

Company Overview of XOJET, Inc.

Company Overview

XOJET, Inc., a private aviation company, provides private jet charter flight and custom charter services in the United States and internationally. It owns and operates a fleet of private jets. The company offers a suite of flight solutions and programs. XOJET, Inc. has a strategic alliance with Jet Edge International. The company was founded in 2006 and is based in Brisbane, California.

2000 Sierra Point Parkway

Brisbane, CA 94070

United States

Founded in 2006

Phone:

650-676-4700

Fax:

650-636-2525

Key Executives for XOJET, Inc.

Chief Executive Officer and President
Chief Financial Officer and Executive Vice President
Chief Operating Officer and Senior Vice President of Operations
Senior Vice President and General Counsel
Chief Marketing Officer and Senior Vice President
Compensation as of Fiscal Year 2013.

XOJET, Inc. Key Developments

XOJET, Inc. Announces Revenue Results for the Year 2013

XOJET, Inc. announced revenue results for the year 2013. For the year, the company reported 15% increase in total revenue. Strong growth was buoyed by positive macroeconomic factors, including an increase in corporate demand for private jet services, as well as growth in new clients and program sales.

XOJET, Inc. Appoints Shari Jones as Senior Vice President and Chief Marketing Officer

XOJET, Inc. announced the appointment of Shari Jones as Senior Vice President and Chief Marketing Officer, based in the company's Bay Area headquarters. She will be responsible for the development of fully integrated brand strategies and their execution across XOJET's product offerings and consumer communication channels. Jones will report directly to Bradley Stewart, XOJET President and Chief Executive Officer. Most recently, she led consumer marketing at Levi Strauss & Co. for Levi's(R) Americas region.

XOJET, Inc. Creates Alliance with Travel Management Company to Expand Fleet with Light and Mid-Size Jets

XOJET, Inc. announced an alliance with Travel Management Company (TMC) that will effectively expand XOJET's fleet to include TMC's fleet of 24 Hawker 400XP light jets and 30 Hawker 800XP mid-size jets. The agreement allows XOJET to commercially integrate the TMC fleet and provides for operational cooperation between TMC and XOJET. XOJET clients will now have seamless access to the largest floating fleet of light, mid-size and super-mid-size private jets dedicated to on-demand charter. The extended fleet of light, mid-size, and super-mid-size jets will also be included in the popular XOJET Preferred Access(TM) program. XOJET Preferred Access is the most flexible program available to sophisticated private fliers, added XOJET's Stewart. Giving Preferred Access fliers access to three fleet types in the same program--with no interchanges fees and the ability to use the plane they need, when they need it--makes XOJET Preferred Access the easiest, most comprehensive program in the industry. As part of the agreement, XOJET will sell its fleet of seven Hawker 800XP aircraft to TMC in order to focus on the growth and continued enhancement of its customized fleet of super-mid-size Citation X and Challenger 300 aircraft. The XOJET Hawker 800XP pilots will remain with the company and will transition to its growing fleet of super-mid-size aircraft. XOJET will continue to expand its fleet of Citation X and Challenger 300 aircraft and is set to add an additional four super-mid-size aircraft over the next several months.

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Recent Private Companies Transactions

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