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Private Aviation Leader XOJET Guarantees Best Pricing for Every Trip with Industry-First Program

Dépèche transmise le 2 avril 2009 par Business Wire

SAN CARLOS, Calif.--(BUSINESS WIRE)--XOJET, the private aviation company that has led the way in offering flexible programs and streamlined pricing, announced it is introducing a first-of-its-kind program that guarantees customers the best possible price available for every trip. With XOJET’s Market Price Assurance ^TM, members can enjoy all of the benefits of being in a guaranteed-availability program and, at the same time, receive pricing advantages that can come with market-rate charter service.

“XOJET continues to set the standard for developing programs that bring flexibility, versatility and cost efficiency to the private aviation market,” said David Siegel, CEO of XOJET. “Market Price Assurance provides customers with not only guaranteed availability but a guaranteed best price for every trip. There’s no need to comparison shop, no need to deal with multiple brokers or operators and no need to risk quality, consistency or reliability. We’ve taken all of the guesswork out of the process.”

To take advantage of XOJET Market Price Assurance ^TM, customers purchase a Fleet Exchange Membership program, which begins at 50 hours, offers guaranteed availability without the restrictions or requirements of traditional fractional programs and is customized to reflect individual travel patterns and financial priorities. Then, for each trip, XOJET applies the lowest price; in some cases it could be charter pricing, in others it could be member pricing. If charter pricing is lower for a particular trip, the customer can use program hours to “pay” for the trip.

Because XOJET’s business model combines charter and membership programs, it is the only private aviation company that can credibly offer this type of service and provide customers with total assurance that they are receiving the best pricing possible. In addition, since XOJET does not outsource flights, members can be confident they will always fly on XOJET's own brand new fleet of jets, flown by XOJET crews and supported by an award-winning safety and operational infrastructure.

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 $60 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.