johnsonrod
Well-known member
- Joined
- Feb 25, 2006
- Posts
- 4,218
So, XOJet is getting out of the light & midsized jet market. That actually sounds quite rational considering TMC can operate at a much lower cost (given the low salaries and poor schedules). You can't be everything to everyone... Sounds like a solid well considered strategy - stick to what's profitable for you.
Would larger Gulfstream/Falcon/Global jets be next for XOJet to appeal to the highest end, or do you think CL300s will be the largest jet operated by XOJet?
XOJET Creates Alliance with Travel Management Company to Expand Fleet with Light and Mid-Size Jets
PDF Version
San Francisco—February 11, 2013— XOJET, Inc., the leader in private aviation services, today 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.
"We are proud to team with Travel Management Company," said Brad Stewart, CEO of XOJET. "Scott Wise and his colleagues at TMC have built one of the most-respected operations in the industry. Moreover, TMC and XOJET are the perfect complements. Our fleets, operational capabilities, and business approach align perfectly. This alliance is another key step on our quest to create the highest-quality integrated service platform in the industry."
"XOJET is one of the premier brands in private aviation and has been a fantastic customer of ours over the years," said Scott Wise, General Manager of Travel Management Company. "TMC is excited to expand our business opportunities with XOJET. With the largest privately owned fleet of Hawker 400XP and 800XP jets, TMC's fleet will perfectly complement the XOJET fleet of super-mid-size jets allowing XOJET customers to choose the best aircraft for every flight."
For XOJET clients, the TMC fleet will essentially become an extension of XOJET's own fleet, making even more aircraft available for XOJET fixed-price charter flights between 22,000 popular airport pairs as well as for custom charter flights. Fixed-price charter pricing for all three plane types for flights to the most popular private aviation destinations is available on xojet.com. In addition, clients requesting quotes will be presented with pricing for all three plane types so that they have the option to choose which option will best suit their needs.
The extended fleet of light, mid-size, and super-mid-size jets will also be included in the popular XOJET Preferred Access™ 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.
"We launched our Hawker 800XP program a little more than a year ago and it has exceeded our expectations," said David Cox, XOJET's Chief Operating Officer. "I am so proud of our incredible team of people, from finance to operations to pilots, who worked together to make it a success. This success enabled us to craft our alliance with TMC, a company that shares our high standards for performance, reliability and safety."
About XOJET
XOJET, a TPG portfolio company founded in 2006, has become one of the fastest-growing private aviation companies in history, serving more than 5,000 customers worldwide. Our unique business model combines flexible private jet programs, and fixed-price charter with a singular focus on providing the highest level of customer service at every point of the client's experience. XOJET's commitment to safety leadership has earned the highest safety ratings in the industry. XOJET is the only business aviation provider to rank either #1 or #2 in all twelve ARG/US Platinum safety rating categories. XOJET is the first and only private aviation operator to enable its entire fleet of Citation X and Challenger 300 jets with complimentary in-flight Wi-Fi Internet connectivity. XOJET is also an active member of the National Air Transportation Association (NATA) Presidents Council. For more information, please visit www.xojet.com.
About TMC
Travel Management Company (TMC) is a privately owned, full-service air charter company that owns and operates a fleet of 55 luxurious aircraft, strategically positioned throughout North America. With an ARG/US Platinum safety rating, TMC operates light and mid-size jets, including the industry's largest privately owned fleet of Hawker 400XP and Wi-Fi enabled Hawker 800/850XP aircraft. TMC blends newer aircraft and excellent service at a competitive price for both one-way and round trip destinations.
Press Releases
2013
Would larger Gulfstream/Falcon/Global jets be next for XOJet to appeal to the highest end, or do you think CL300s will be the largest jet operated by XOJet?
XOJET Creates Alliance with Travel Management Company to Expand Fleet with Light and Mid-Size Jets
PDF Version
San Francisco—February 11, 2013— XOJET, Inc., the leader in private aviation services, today 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.
"We are proud to team with Travel Management Company," said Brad Stewart, CEO of XOJET. "Scott Wise and his colleagues at TMC have built one of the most-respected operations in the industry. Moreover, TMC and XOJET are the perfect complements. Our fleets, operational capabilities, and business approach align perfectly. This alliance is another key step on our quest to create the highest-quality integrated service platform in the industry."
"XOJET is one of the premier brands in private aviation and has been a fantastic customer of ours over the years," said Scott Wise, General Manager of Travel Management Company. "TMC is excited to expand our business opportunities with XOJET. With the largest privately owned fleet of Hawker 400XP and 800XP jets, TMC's fleet will perfectly complement the XOJET fleet of super-mid-size jets allowing XOJET customers to choose the best aircraft for every flight."
For XOJET clients, the TMC fleet will essentially become an extension of XOJET's own fleet, making even more aircraft available for XOJET fixed-price charter flights between 22,000 popular airport pairs as well as for custom charter flights. Fixed-price charter pricing for all three plane types for flights to the most popular private aviation destinations is available on xojet.com. In addition, clients requesting quotes will be presented with pricing for all three plane types so that they have the option to choose which option will best suit their needs.
The extended fleet of light, mid-size, and super-mid-size jets will also be included in the popular XOJET Preferred Access™ 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.
"We launched our Hawker 800XP program a little more than a year ago and it has exceeded our expectations," said David Cox, XOJET's Chief Operating Officer. "I am so proud of our incredible team of people, from finance to operations to pilots, who worked together to make it a success. This success enabled us to craft our alliance with TMC, a company that shares our high standards for performance, reliability and safety."
About XOJET
XOJET, a TPG portfolio company founded in 2006, has become one of the fastest-growing private aviation companies in history, serving more than 5,000 customers worldwide. Our unique business model combines flexible private jet programs, and fixed-price charter with a singular focus on providing the highest level of customer service at every point of the client's experience. XOJET's commitment to safety leadership has earned the highest safety ratings in the industry. XOJET is the only business aviation provider to rank either #1 or #2 in all twelve ARG/US Platinum safety rating categories. XOJET is the first and only private aviation operator to enable its entire fleet of Citation X and Challenger 300 jets with complimentary in-flight Wi-Fi Internet connectivity. XOJET is also an active member of the National Air Transportation Association (NATA) Presidents Council. For more information, please visit www.xojet.com.
About TMC
Travel Management Company (TMC) is a privately owned, full-service air charter company that owns and operates a fleet of 55 luxurious aircraft, strategically positioned throughout North America. With an ARG/US Platinum safety rating, TMC operates light and mid-size jets, including the industry's largest privately owned fleet of Hawker 400XP and Wi-Fi enabled Hawker 800/850XP aircraft. TMC blends newer aircraft and excellent service at a competitive price for both one-way and round trip destinations.
Press Releases
2013
