XOJet posts strong 2016 financial performance

XOJet, headquartered in California, USA, reports that in 2016 it exceeded 25 per cent return on aircraft assets and saw record growth in sales of new programmes. The company also grew its off-fleet charter brokerage operations by 22 per cent over the previous year. “We are seeing a marked increase in demand for both large cabin aircraft and light jets and have significantly strengthened our offering in that space,” says Gregg Slow, EVP of sales and client services.

The company's team directly managed more than 80 per cent of bookings on its fleet of aircraft while the remainder were primarily deri- ved through its distribution partners, which include jet card company Sentient Jet and digital platform JetSmarter.

Embracing the shift toward digital engagement, XOJet is also collaborating with JetSmarter to develop a client- facing app with real-time booking capabilities and travel support services.

Partnership with Asian hotel group

XOJet has extended its roster of luxury lifestyle partners by linking with the Mandarin Oriental Hotel Group. Chief business officer James Henderson says: “This new partnership will allow us to extend the elite travel experience to our clients long after they've landed.”