XOJET
Encyclopedia
XOJET, is a full-solution private aviation company based in Brisbane, California
Brisbane, California
Brisbane is a small city located in the northern part of San Mateo County, California on the lower slopes of San Bruno Mountain. It is on the northeastern edge of South San Francisco, next to the San Francisco Bay and near the San Francisco International Airport.The population was 4,282 as of...

, that offers on demand private jet charter
Air charter
Air charter is the business of renting an entire aircraft as opposed to individual aircraft seats...

 as well as guaranteed availability private jet
Business jet
Business jet, private jet or, colloquially, bizjet is a term describing a jet aircraft, usually of smaller size, designed for transporting groups of up to 19 business people or wealthy individuals...

 services.

History

XOJET Inc. was found in 2006 as an alternative model to fractional ownership
Fractional Ownership
In business, fractional ownership is a percentage share of an expensive asset. Shares are sold to individual owners. A fractional owner enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing. Typically, a company manages the asset on behalf of the...

 for guaranteed availability. Similar to the fractional model
Timeshare
A timeshare is a form of ownership or right to the use of a property, or the term used to describe such properties. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each sharer is allotted a period of time in which they may use...

, customers can purchase number of flight hours to use per year on an aircraft with minimal advanced notice requirement. However, unlike the fractional model, XOJET owns the aircraft completely and thus bears all the financial responsibilities.

Since 2008, XOJET Inc. is backed by TPG
TPG
TPG may refer to:Companies* TPG Capital, private equity firm* TPG Telecom, telecommunications company* Geneva Public Transport , public transportation system operator in Geneva Canton, Switzerland...

, a global private equity investment firm with a long tradition in investing in the aviation industry.

In early 2009, XOJET pioneered the fixed price charter model with one-way fixed price routing between major cities on the east and west coasts. Not only the cost of the flight is published and fixed, but the customer is not charged of any re-positioning costs. Since then the pricing model has been expanded beyond to other cities throughout the country.

In July 2010, XOJET became the first private aviation operator to enable the entire fleet with in-flight Wi-Fi
Wi-Fi
Wi-Fi or Wifi, is a mechanism for wirelessly connecting electronic devices. A device enabled with Wi-Fi, such as a personal computer, video game console, smartphone, or digital audio player, can connect to the Internet via a wireless network access point. An access point has a range of about 20...

 Internet connectivity by equipping every Citation X and Challenger 300 in its fleet with Aircell
Aircell
Aircell is a private company started in 1991 developing broadband for both private and commercial aviation. Aircell is the only company in the United States authorized by the Federal Communications Commission and Federal Aviation Administration to use frequencies in the 800 MHz band for...

 GoGo BizAv technology .

Services

XOJET offers Charter
Air charter
Air charter is the business of renting an entire aircraft as opposed to individual aircraft seats...

, On Account, Coast2Coast and Membership programs to its customers.
  • Charter- XOJET offers Custom Charter and Fixed Price Charter options for its charter program. With Custom Charter, customers can choose their arrival and departure points then book if the flight is available. Fixed Price Charter allows a customer to get discounted pricing on pre-defined routes when available.
  • On Account- Customers can choose to be On Account if they make a deposit and will receive preferred access to the XOJET fleet ahead of other Charter customers which includes free standard catering.
  • Coast2Coast™ Program- The Coast2Coast™ program is the newest addition to XOJET's line of services. It is a program that is customized around a flier's specific flight profile and focuses on customers who fly coast to coast more than three times a year. Customers fly at a discounted rate with guaranteed access to XOJET's fleet of Citation Xs and Challenger 300s.
  • Membership- The membership program offers customers guaranteed access 365 days per year worldwide and has no peak day restrictions. Member customers pay only for actual occupied travel and have exclusive access to an owner services representative.

Fleet

XOJET's fleet of 29 and growing aircraft is composed of Citation Xs and Challenger 300s. Both aircraft are classified in the super mid-size business jet category.



Awards

Inc. 500 Fastest Growing Private Companies


Robb Report
Robb Report
The Robb Report is an American, English-language, luxury-lifestyle magazine featuring products — including automobiles, real estate and watches — for affluent connoisseurs.-History:...

's Best of the Best

External links



The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK