Originally Posted by
johnso29
NCAA team charters, casino tours, medical groups, signed on the dotted line for charters. Length of agreement is unknown to employees
This is my point about someone having to pay the cost of ownership while the aircraft are not being utilized. According to the company website, they offer jet charter without the hassle of ownership. This meaning XJT retains ownership and therefore the costs associated. Personally, I don't expect these clients to be utilizing the 5 or so aircraft on a daily basis.
My original topic being that without high utilization of aircraft, owners don't turn profits. They can only reduce the cost with the revenue gained.