Rumor Control
 

Rumor Control
When CitationShares sent out letters of furlough it stated "eliminaitng position and terminating employment as per admin memo..." All the info I have gathered shows when things get better those on furlough from CS will be offered jobs back in order of seniority and over new hires. They have set up how the recall will occur and your options to include military leave.

Could someone tell us what the fleet makup is. I met a guy flying a Kingair in Telluride who gave me his XOJET card. Perhaps the Kingair was something on the side but Premier jets now?

We had two KingAir 350's and 1 Premier for a long time. However, they were all eventually leased to other companies to operate so we could concentrate on the "Supermidsize Market". The economy has caused One 350 and the Premier to be returned to us. I don't think we are currently staffing the 350, but We have four new pilots flying the Premier.

Other than that, the fleet makeup is currently 25 X's and 3 CL30's.

What's the latest buzz on additional deliveries of the 300?

I haven't heard a solid number this month yet... Got a conference call tomorrow, maybe they will know something for sure then. They had been saying 10 by the end of the year but I have no idea if that will actually happen. It would have to get VERY busy for us to take 7 more planes this year IMPO.

I saw 544XJ and 545XJ in YUL the other day.

does XO just lay off and hire new guys when the opportunity presents itself?

Yes.

They didn't say a number for sure. Said it depends on market conditions and a price they agree on for the rest of our order. That's all I know about the 300, sorry I couldn't be more definitive Navajo.

Any news at XOJet? Are they hiring?