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XOJET, Inc. Reports Strong 2010 Second Quarter

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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...
 
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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.
 
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.
 
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t-bone said:
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.
Click to expand...
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.
 
Nice close up shot of one of your X's landing in TEB today during the PGA filming! Nice!
 
t-bone said:
-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.
Click to expand...

You can pay bills with time off? :confused:

Glad you got OT back.
 
Webslinger said:
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.
Click to expand...

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.
 
ArtVandalay said:
I saw a Global Express last week in Montreal with XOJet on the engine. Are you guys getting globals??
Click to expand...

Now thats my kind of rumor! Did it have a "N" registration? This is the first I've heard of anything bigger than the 3 605s we've got moving through the production line. I'll dig a little and see what this is about. Could it have been a 605? Sorry but i gotta ask...
 
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chainring said:
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.
Click to expand...
Whatever dude...just stating that I talked to one of your "Beechwreck" Captains that was a chatty patty and talking up a storm. Personally- I could give two craps what happens to XO or Options...as long as people keep their jobs. Now I remember why I never post on FI...bunch of children. Take care and try to keep your attitude on the ground and out of the cockpit.
 
ArtVandalay said:
I saw a Global Express last week in Montreal with XOJet on the engine. Are you guys getting globals??
Click to expand...

Was it the all White one? Or was it the zinc green one... Guess someone had to break the news! ;)
 
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I am very certain it was a global and it was painted all white. I couldn't see a tail number. There is a 5% chance it could have been a 605 but not likely. Saw it as we landed.
 
ArtVandalay said:
I am very certain it was a global and it was painted all white. I couldn't see a tail number. There is a 5% chance it could have been a 605 but not likely. Saw it as we landed.
Click to expand...

Taxied by the paint shop today on taxiway Alpha off 6R/24L. It's a 605. Wish you were right, but there's no doubt it's a 605 not a Global sitting there just as you described.
 
The 605 acquisition would be an interesting development. Cheap white tails from Bombardier? They staying here or headed to the Middle East?
 

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