Originally Posted by
Milk Man
Does anyone have any info on current and future status with XOJET, probably with in the next half year outlook?
The most recent delivery schedule I've seen (this week) shows 10 more CL30's and two more X's coming this year bringing our fleet total to 40 by the end of '09. We have 7 out of 25 CE750s parked. We have 3 CL30's flying, so that's 1/4 of our fleet on a maintenance reserve status. The question is whether or not we will have to park more aircraft as they show up, or if we can start hiring again to crew the new deliveries. My personal belief is that much will depend on the economy and summer demand, but I think mgt expects to start hiring again in the next couple months. Keep your fingers crossed, but don't bank on anything.