XOJET, Inc. has achieved record results, delivering a 41 percent increase in EBITDA and a 14 percent increase in new program sales, the company said.
XOJET´s on-demand charter model continues to gain momentum as an alternative to jet cards and fractional ownership.
XOJET pioneered the on-demand, dynamic pricing model in the private aviation sector, and this month celebrates 10 years of putting passengers first.
Now the largest on-demand charter provider in the industry, XOJET continues to gain market share, with retail charter sales up 4 percent and its partner fleet business up 10 percent overall. Operational efficiency gains, including fuel savings, drove substantial profitability and margin improvements.
XOJET, a TPG portfolio company founded in 2006, provides private aviation services to more than 5,000 clients worldwide.