XOJet expansion plans?
#1
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?
USMCFLYR
"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?
USMCFLYR
#3
I'm not sure of the date of the article.
They said that they couldn't talk about the future aircraft because they were in negotiations - but I was hoping that was old news and someone knew something by now.
USMCFLYR
#4
Gets Weekends Off
Joined APC: Jan 2007
Posts: 736
It's been pretty quiet over there, but with XOJET, that always seems to be a good thing.
On a different note, I did hear the X's are slightly delayed for delivery. That should be resolved soon I would imagine - Cessna would not want to lose that deal. Also, they are probably very busy starting up their international Abu Dhabi base which according to the articles, is supposed to open up in the next few months. Add to that, the fact they are slated to take delivery of their CL300 fleet 3rd Qtr AND evaluating long range aircraft for their international expansion plans. Seems like a bunch of stuff going on at one time which I suspect keeps them busy. Hopefully a XO pilot can chime in.
On a different note, I did hear the X's are slightly delayed for delivery. That should be resolved soon I would imagine - Cessna would not want to lose that deal. Also, they are probably very busy starting up their international Abu Dhabi base which according to the articles, is supposed to open up in the next few months. Add to that, the fact they are slated to take delivery of their CL300 fleet 3rd Qtr AND evaluating long range aircraft for their international expansion plans. Seems like a bunch of stuff going on at one time which I suspect keeps them busy. Hopefully a XO pilot can chime in.
#6
#7
On Reserve
Joined APC: Jun 2008
Position: B734/5/6/7/800 Right seat,reading the newspaper..
Posts: 12
Found thij job: Challenger CL-300 Contract Pilots
on findapilot.com
Dont know if it has anything to do with XOJet?
CL300 pilots needed in Dubai for upcomming projects.
on findapilot.com
Dont know if it has anything to do with XOJet?
CL300 pilots needed in Dubai for upcomming projects.
#8
Line Holder
Joined APC: Mar 2008
Posts: 93
Found thij job: Challenger CL-300 Contract Pilots
on findapilot.com
Dont know if it has anything to do with XOJet?
CL300 pilots needed in Dubai for upcomming projects.
on findapilot.com
Dont know if it has anything to do with XOJet?
CL300 pilots needed in Dubai for upcomming projects.
SS
#9
Line Holder
Joined APC: Feb 2008
Posts: 77
Nope, nothing to do with XOJET.
Found thij job: Challenger CL-300 Contract Pilots
on findapilot.com
Dont know if it has anything to do with XOJet?
CL300 pilots needed in Dubai for upcomming projects.
on findapilot.com
Dont know if it has anything to do with XOJet?
CL300 pilots needed in Dubai for upcomming projects.
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