Charter & Fractional
Strong Charter Program Sales Drive XOJet to Break-even
XOJet CEO Brad Stewart says that, having achieved profitability, the company is now putting its focus more squarely on customers.

Charter provider XOJet believes it has turned the corner on loss-making operations, having met breakeven last year with double-digit growth in its customer base. The privately owned group, which does not take account of the capital cost of its 42-aircraft fleet when assessing profitability, reported that earnings before interest, taxes, depreciation and amortization (Ebitda) rose by 33 percent last year.