XOJet recieves $100 million on 4th qtr 0f 2009

[Whale Rider]

http://www.usatoday.com/tech/news/2010-01-22-venture-capital_N.htm

 

[hyflyin]

Some good positive news for the industry, a welcome change. I'm sure there is no shortage of applicants.

 

[t-bone]

I realize that absolutely no long-term implications can be made by looking at a single day total of flying, but we flew 98 BLOCK hours today on 19 airplanes...4.6 hours of FLIGHT time per airplane.

Every one of our airplanes flew today except for the Premier (doesn't really count, isn't staffed full-time) and 1 of our C750s which is down for scheduled maintenance.

Again, not making any broad statements of recovery/rebound. Simply sharing a small amount of good news during an otherwise depressing period.

Good luck to everyone.

 

[dime line]

I realize that absolutely no long-term implications can be made by looking at a single day total of flying, but we flew 98 BLOCK hours today on 19 airplanes...4.6 hours of FLIGHT time per airplane.

Every one of our airplanes flew today except for the Premier (doesn't really count, isn't staffed full-time) and 1 of our C750s which is down for scheduled maintenance.

Again, not making any broad statements of recovery/rebound. Simply sharing a small amount of good news during an otherwise depressing period.

Good luck to everyone.

That is good news.

 

[RNObased]

I'm amazed that Whale Rider actually quoted a story from a news source that someone has heard of. Normally it is just quotes from a news source only he has heard of.

 

[scangadah]

I'm amazed that Whale Rider actually quoted a story from a news source that someone has heard of. Normally it is just quotes from a news source only he has heard of.

Go easy on Whale Rider, he does not get out much.

 

[cessnapilot]

I realize that absolutely no long-term implications can be made by looking at a single day total of flying, but we flew 98 BLOCK hours today on 19 airplanes...4.6 hours of FLIGHT time per airplane.

Every one of our airplanes flew today except for the Premier (doesn't really count, isn't staffed full-time) and 1 of our C750s which is down for scheduled maintenance.

Again, not making any broad statements of recovery/rebound. Simply sharing a small amount of good news during an otherwise depressing period.

Good luck to everyone.

Very cool... good news...

 

[dhawk41]

Great news. I'm ready for the phone call now.

 

[greed]

Go easy on Whale Rider, he does not get out much.

I am having a hard time reading this post, your avatar has me mesmorized

 

[cherry20's]

Bust tit is Good news!

 

[Whale Rider]

I'm amazed that Whale Rider actually quoted a story from a news source that someone has heard of. Normally it is just quotes from a news source only he has heard of.

Nice to see it still burns there RNO. :laugh:

 

[RNObased]

Nice to see it still burns there RNO. :laugh:

Ummm, yeah WR.

 

[Whale Rider]

Ummm, yeah WR.

While you're clearing your thoat here's some more reading for you...

http://www.tnooz.com/2010/01/26/new...ut-by-twitter-in-2009-largest-vc-investments/

 

[jonjuan]

"XOJET says it is using the funding infusion “to expand its operations to meet the growing demand for quality business aviation services and low-risk, top-quality, cost-efficient alternatives to fractional ownership.”
Founded in 2006 and having raised $3B to date, XOJET claims to have introduced a new model — transparent pricing — for charter jet service with rates starting at $12,000 on more than 15,000 routes."

Just think of how much more cost-efficient they can be with rates at $10,000!

 

[cherry20's]

While you're clearing your thoat here's some more reading for you...

http://www.tnooz.com/2010/01/26/new...ut-by-twitter-in-2009-largest-vc-investments/

I knew I hated Twitter for some reason! That's an interesting article Whale, thanks.

Remember when everyone said that Siegel was going to tear the company apart and it wasn't going to succeed? I wonder what those same people think now... I'm not a huge fan of DS, but I think he has done wonders for the organization of XOJET. Don't know if we would still be here if it wasn't for some of the stuff he has accomplished, ie restructuring our deliveries and others.

 

[OPECJet]

I knew I hated Twitter for some reason! That's an interesting article Whale, thanks.

Remember when everyone said that Siegel was going to tear the company apart and it wasn't going to succeed? I wonder what those same people think now... I'm not a huge fan of DS, but I think he has done wonders for the organization of XOJET. Don't know if we would still be here if it wasn't for some of the stuff he has accomplished, ie restructuring our deliveries and others.

Just continue to watch that SOB like a hawk. Frank Lorenzo took a dump in 1964 and name it Siegel.

 

[cherry20's]

We are...