Charter & Fractional
Revenue Grows at XOJet
XOJET reported a record breaking first quarter as the company continues with plans for expansion.

XOJet reported a 22 percent revenue increase and 12 percent jump in hours in the first half, with off-fleet charter accounting for 34 percent of overall revenues, it announced yesterday. The company intends to reach a target of charter brokerage accounting for 50 percent of revenues by 2020. This comes after a record-breaking first quarter for the company, with 12 percent total revenue growth and a 15 percent rise in overall business year-over-year, while off-fleet charter brokerage increased by 39.5 percent.


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