XOJET, Inc. Reports Strong 2010 Second Quarter

[RNObased]

Fishfry,

Thanks for being a customer and for your support. We truly appreciate your business.

You're obviously correct, this was a PR piece. It probably should never have been posted because the reaction by some was easily predicable. I could have even told you in advance who the posters would be. JonJuan in particular cannot let an XOJET thread go by without trying to take a swipe at us. RNObased and Flylow22 are not much better, and frankly, I expected a few other known haters to chime in. It's sad, but for some reason, good news at XOJET makes some on this board feel somehow less about themselves and their own current situations. Whatever their agenda, the constant unsolicited and uninformed bashing continues to speak volumes about their character.

If you want to know what's really going on with the XOJET pilot group, stop by the cockpit on your next flight or send any of us a pm. We're a very happy pilot group, and we love chatting with customers. As for the true financial picture, we get the same story that was published, and I have no reason to doubt it. The one thing I can say is that each of our airplanes continue to average well over 100 hours per month in the slow season. I've heard from our Charter group that we have to turn down a significant amount of charter daily due to lack of capacity. What JJ and RNO always fail to mention is those cheap all in one way fares are only available on a very limited basis when the planes would otherwise be idle and only on the most profitable routes. It's brilliant.

Again, thanks for your patronage. We look forward to seeing you again soon. Please let your flight crew know if there is anything we can do to make your flight or entire XOJET experience more enjoyable.

X-rated

Cry me a river X-rated. Whale Rider loves to post fluff pieces out of magazines or newspapers that no one has heard of and we can't take a swipe at you?? Grow up, a article in the North Bay Bugle isn't proof of anything.

I have spoke with your pilots, the ones that I have spoken to have said that moral is at a all time low, because the company is asking them to work for basically free. What you fail to mention, is that more then ONE of your crews has told me you are basically working 9 on/5 off, and some of these days are out of kindness of their own hearts. Now I don't see any press releases about that. My character is fine, is your management's???

 

[X-rated]

Cry me a river X-rated. Whale Rider loves to post fluff pieces out of magazines or newspapers that no one has heard of and we can't take a swipe at you?? Grow up, a article in the North Bay Bugle isn't proof of anything.

I have spoke with your pilots, the ones that I have spoken to have said that moral is at a all time low, because the company is asking them to work for basically free. What you fail to mention, is that more then ONE of your crews has told me you are basically working 9 on/5 off, and some of these days are out of kindness of their own hearts. Now I don't see any press releases about that. My character is fine, is your management's???

Reno,

First of all, I agreed with you that the article was a PR piece, so I'm not sure where the grow up comment came from? Thanks for you're concern, but I assure you my eyes are wide open. My comment addressed the fact that jonjuan in particular and you to some degree have lost credibility because of your constant uninformed or misinformed attack on all things XOJET.

The overtime situation was an issue. It's been resolved effective October 1st with a return of overtime pay. All extra days worked previous to that date have been compensated with a day off at a future date of the pilots choosing. It certainly wasn't ideal, but no one is working for free. Check back with your friends, I think most of our issues have been addressed in a favorable way.

Our company is not perfect. Neither is yours. We started our restructuring a full year year before your company did. We had Siegel, you have Sokal. Difficult, unpopular and in some cases wrong decisions are made by these fat trimming specialist CEO's. Siegel has moved on to his next project now that we are financially where we need to be. Our new CEO and President are much more employee friendly, and things are starting to get back to normal. Our current President is a former NetJets/EJM exec whom I've never heard anything but good things about, so I'm optimistic. So far, I like both of our top exec's, but I realize that's not nearly as popular as chanting management sucks on FI.

In any case, I don't care to roll in the mud with you or anyone else about the subject. I simply wanted to give an XOJET customer an XOJET pilot's perspective.

If you're on the road, I hope you have a good flight today. If you're at home, enjoy your days off.

X-rated

 

[Avpilot]

This is an excellent company. The fact that they do not have to make public any information, but choose to even though some may use it against them, proves my point. Any business person knows that if you give away free information about profits or revenue, competitors will try to find a way to take a piece of your market. It is good to see that XOJET is secure enough in its strength to be able to make positive statements such as this.

Tim

 

[gret]

You are full of sh****T!

If you can't put out numbers, you are hiding something!

XOJET is a joke in the industry becasue of this crap. Why should it be your job to explain this stuff?

Think aout it!

Just stop it.

 

[HazMat]

Let it go no one sees this stuff anyway it's not like it was in Forbes or the Wall Street Journal. Didn't even make AIN so who cares. Why argue if the pilots are happy thats what matters. After all who knows a company better than the people who work there. Sounds to me like a good place to work. It is hard to get national coverage you need to have much more market share that's the reason they release stuff to these media outlets that have about 5 readers and are just happy to have something to write about.

 

[X-rated]

Gret,

So we're a joke of the industry because our private company doesn't publish financial data? Name one private company that does. While you're at it, why don't you post your personal bank statements for us all to see. Clearly, you're hiding something if you don't.

I think you're a joke because you say stupid things...

 

[gret]

Fair enough. But then the company should not be putting out press releases boasted of how great they're doing unless they're willing to provide facts. I can't think of any other company that puts out these types of messages on regular basis. I'm sure they're some, but what is the point?

It is a PR thing and the company is entitled to do whatever they want, so go for it.

 

[t-bone]

Here are some facts, if thats what you want.

-just about our entire fleet has been equipped with wi-fi. Only a handful of airframes have yet to go through install.

-somewhere around 20 new hires on property in the last few months, including a few furloughed from other frationals and airlines.

-improvements in our technology systems, moving us towards a paperless cockpit.

-recent pilot offsite in PHX where every pilot was able to participate in face to face question and answer sessions with our company President, CFO, DO and CP. Where our president asked us "what about your job drives you nuts where we can do better to support you?" Action items are in progress, including pilot-scheduling team that will look at other options to improve our QOL over current schedule.

-Yes, the company stopped paying out OT last summer. But nobody was working for free. Any day worked above normal schedule was credited into a Paid Time Off bank. Pilots were able to get that time back, some going so far as dropping entire rotations. We were/are a small company that needed to make changes to get through this economic mess. Some companies furloughed 500 pilots, we took another avenue (unfortunately above the company-wide reduction in force of 2008). We've started hiring again and OT pay is back in play. But nobody was ever working for free without getting anything in return.

Are things here perfect? Far from it. Are we moving in the right direction? I think so...but only time will truly tell. With all the bad news out there about job loss, companies shutting down or re-locating, why not spread some good news if there's good news to be shed? I'd like to see #s too, but until we're a public company, I guess I'll just have to stick with the tangible changes I can see right in front of me.

 

[kman]

Some companies furloughed 500 pilots, we took another avenue

Didn't you guys fire, not furlough?

Just wondering, how many pilots did you have and how many were fired?

 

[Webslinger]

Here are some facts, if thats what you want.

-just about our entire fleet has been equipped with wi-fi. Only a handful of airframes have yet to go through install.

-somewhere around 20 new hires on property in the last few months, including a few furloughed from other frationals and airlines.

-improvements in our technology systems, moving us towards a paperless cockpit.

-recent pilot offsite in PHX where every pilot was able to participate in face to face question and answer sessions with our company President, CFO, DO and CP. Where our president asked us "what about your job drives you nuts where we can do better to support you?" Action items are in progress, including pilot-scheduling team that will look at other options to improve our QOL over current schedule.

-Yes, the company stopped paying out OT last summer. But nobody was working for free. Any day worked above normal schedule was credited into a Paid Time Off bank. Pilots were able to get that time back, some going so far as dropping entire rotations. We were/are a small company that needed to make changes to get through this economic mess. Some companies furloughed 500 pilots, we took another avenue (unfortunately above the company-wide reduction in force of 2008). We've started hiring again and OT pay is back in play. But nobody was ever working for free without getting anything in return.

Are things here perfect? Far from it. Are we moving in the right direction? I think so...but only time will truly tell. With all the bad news out there about job loss, companies shutting down or re-locating, why not spread some good news if there's good news to be shed? I'd like to see #s too, but until we're a public company, I guess I'll just have to stick with the tangible changes I can see right in front of me.

Not trying to Flame...just curious. Talked to a couple of FltOption guys today and they were saying the latest "rumor" in their companies Crackberries is that FltOptions and XO are/will eventually merge?? Really? Thats a new on for me. WTF? This Options Captain said its "nothing new"..old news he said. Hope everyone is well and keeps their jobs..good luck.

 

[FL450]

Nice close up shot of one of your X's landing in TEB today during the PGA filming! Nice!

 

[FLYLOW22]

-Yes, the company stopped paying out OT last summer. But nobody was working for free. Any day worked above normal schedule was credited into a Paid Time Off bank.

You can pay bills with time off?

Glad you got OT back.

 

[chainring]

Not trying to Flame...just curious. Talked to a couple of FltOption guys today and they were saying the latest "rumor" in their companies Crackberries is that FltOptions and XO are/will eventually merge?? Really? Thats a new on for me. WTF? This Options Captain said its "nothing new"..old news he said. Hope everyone is well and keeps their jobs..good luck.

Really, you talked to some Options guys. Doubt it. Dont try and kid a kidder. Never been anything on our "crackberries" about XO Jet. Even if something like this was going to happen it wouldnt be on our "crackberries" being discussed. Nice flame job.

 

[CALRepublic]

So, why again are their pilots flying for free?

flying for free?? what's that all about?? I'm not arguing, I'm asking...

 

[cherry20's]

You cant read the posts before that?!? Flame bait...