Technology News

XOJET Touts Revenue And Profitability Growth

Wednesday, January 29, 2014 5:16:00 AM PDT | VentureDeal

   San Francisco, CA  --  Private aviation company XOJET said that 2013 saw record revenue and improved profitability.

The company achieved a 15% increase in revenue and triple the cash flow versus 2012.

XOJET said that the improved results were in part due to increased demand for private jet services and for its Citation X and Challenger 300 fleet in particular.

The company's in-house distribution channel accounted for some of the growth and the sales advisor team doubled in size.

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