Dépêches

Former Northwest Airlines Executive Mark S. Long Named CFO of XOJET

Dépèche transmise le 18 juin 2009 par Business Wire

SAN CARLOS, Calif.--(BUSINESS WIRE)--Mark S. Long, a veteran aviation finance executive with over 20 years experience in the aviation industry including senior roles at Northwest Airlines, has been named chief financial officer of XOJET, a leading private aviation company.

Immediately prior to joining XOJET, Mr. Long was a managing director at Skyworks Capital, LLC, a global investment banking boutique focused on the airline transportation sector, specializing in asset based finance, aircraft fleet management and advisory, corporate finance, merger and acquisitions and financial restructuring.

Before joining Skyworks, he was with Northwest Airlines, serving as an officer and vice president in finance, managing investor relations and various strategic financial and corporate initiatives. Earlier in his career, he spent five years at Continental Airlines in multiple management roles.

“We are extremely pleased to welcome Mark to XOJET’s management team,” said David Siegel, CEO of XOJET. “He brings deep industry financial experience, and as we continue to build on our momentum and grow market share, his background and expertise will be invaluable.”

“I am excited to join the talented leadership team at XOJET, which, in only three years, has introduced a dramatically different business model that delivers unprecedented customer value,” said Mr. Long. “The company is poised for growth with a strong balance sheet and increasing demand for the company’s more cost-effective, high quality private jet service. I look forward to helping to support XOJET as it enters its next phase and secures its future as a premier private aviation company.”

A certified flight instructor, Mr. Long earned a master’s degree in business administration from the University of Tulsa and a bachelor’s degree from Kansas State University.

About XOJET

Founded in 2006, XOJET has quickly become one of the world's fastest growing private aviation companies, built on a unique business model that combines private jet ownership, membership and on-demand travel and a singular focus on providing the highest level of customer service at every point of the client's experience. Backed by TPG, a leading global private investment firm with over $45 billion of capital under management, XOJET has secured nearly $3 billion in financing commitments.

XOJET's award-winning, in-house safety and maintenance program rivals the world's best commercial airlines, and has earned the highest ranking in four key categories - more than any other operator - from Aviation Research Group. XOJET has also been named a Robb Report "Best of Private Aviation" winner and one of Inc. Magazine's fastest growing companies. For more information, visit www.xojet.com or call 888-759-6538.

Business Wire

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