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Benjamin Murray Named President Of XOJET

Brings 12 Years Of Leadership Experience To The Company

XOJET announced Wednesday that Benjamin Murray, former EVP of NetJets, Inc., and CEO of Executive Jet Management has joined as president. Mr. Murray will assume responsibilities for XOJET's global business effective immediately, and will initially be focused on revenue and business development initiatives with a goal of continuing to expand XOJET's market share growth.

"We are thrilled to have an executive of Ben's caliber and talent joining XOJET," said CEO Blair LaCorte. "With Ben's depth of knowledge about the industry, along with his past measurable successes, we are in a great position to continue our tremendous growth, which includes growing our membership program, adding new aircraft to our fleet and making upgrades to our already outstanding service that is unique to XOJET."

Adds Murray: "I am excited to be joining XOJET, as I firmly believe they are the future of private aviation transportation solutions. Through their unique hybrid business model that combines on-demand charter along with membership programs, they have set a new standard for the private aviation industry. I look forward to leading the XOJET team through further innovations while helping expand market share, and maintaining their uncompromised attention to safety and customer service."

"Ben is joining XOJET at an exciting time, as we announced a new round of expansion capital from TPG and Aabar in November of 2009 and are in the process of receiving the first of our 2010 new planes in March," adds Blair LaCorte. "We are enjoying record performance and are in a terrific position for continued growth."

Benjamin Murray has held many senior positions within NetJets, Inc. over the last decade, and was most recently promoted to the Executive Vice President of NetJets, Inc. where he led business development, fractional sales, marketing and global aircraft fleet purchasing and planning. Prior to this position, Murray was appointed as the President and CEO of Executive Jet Management, the wholly owned subsidiary company of NetJets, that included aircraft management services, maintenance operations and on-demand air charter services.

FMI: www.xojet.com/


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