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February 28, 2019

After 2018 Growth, XOJet Eyes Expansion Under New Owner

XOJet closed out 2018 under new ownership with an 8 percent bump in total revenues, 17 percent rise in brokerage revenues, and expansion in its membership programs and fleet. Acquired by Vista Global Holding in the fourth quarter, XOJet surpassed 1,000 members last year, a milestone reached in a little more than 18 months after the Brisbane, California–headquartered firm rolled out its Access Solutions membership programs.

Access Solutions offers three options: Select Access for occasional fliers; Preferred Access for fliers of more than 25 hours each year; and Elite Access for frequent fliers seeking guaranteed rates and availability. Growth was particularly strong with the Elite Access program, XOJet noted. Continue reading...