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Old 06-27-2008, 07:52 AM
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USMCFLYR
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Joined APC: Mar 2008
Position: FAA 'Flight Check'
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Default XOJet expansion plans?

From some of the news on the XOJet website, it seems that there are plans for future expansion into the international market and thoughts of adding one more aircraft type to their inventory.

"XOJet Inc., a fast-growing private-aviation company backed by buyout firm TPG, is expected to announce Monday it has secured $2.5 billion in new financing to expand its jet fleet. It also plans to launch an international expansion in partnership with Tasameem, the real-estate arm of the Abu Dhabi Investment Authority."

"HG: Presumably, though, you will have to introduce another aircraft type for your fleet, one with a longer range to serve the international market?
Absolutely. We are looking for a third aircraft type"

"...after XOJet establishes a base in Abu Dhabi to launch international operations."

Does anyone have more information on this?

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