Program Aims To Cut Costs By 25 Percent

Private aviation company XOJET announced Wednesday the launch of its Fleet Exchange Membership program, which enables clients to create a custom solution that provides the best value for their specific needs, including the choice of whether to own an aircraft.

Because members only pay for what they actually need, travel costs can be reduced by up to 25 percent, according to the company.

To customize the program, XOJET works closely with each member to assess travel patterns and financial priorities. Considerations include member preferences for aircraft ownership, length of commitment, and the number of hours actually needed for the member’s travel profile. The result is a unique program tailored to each member that provides the best economic value in the market.

"Now more than ever, corporate and individual private jet fliers are looking for the most efficient options available, without sacrificing quality and service," said John Magner, Executive Vice President, Commercial Operations. "Corporate fliers, in particular, are seeking options that are flexible, help preserve capital, and allow them to meet fluctuating demand with highly-scalable supplemental lift."

XOJET's Fleet Exchange Membership program begins at 50 hours, and has none of the restrictions or requirements typical of traditional fractional programs. There is no peak day calendar, no expiration of flight hours, and members can fly anywhere in the world without ferry fees.

Fleet capacity is reserved with a minimal up-front fee and availability is guaranteed 365 days per year. Because XOJET does not outsource flights, members can be confident they will always fly on XOJET's own fleet of jets, flown by XOJET crews and supported by the company's safety and operational infrastructure.

FMI: www.xojet.com