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XO

Jet Cards/Membership Schemes

Press Release

Issued by XO.

February 20, 2018

XOJET enhances Elite Access, the smart alternative to fractional ownership and jet cards with guaranteed rates now on three classes of private jets

XOJET, the leader in on-demand private jet charter, has enhanced its XOJET Elite Access membership program, with guaranteed rates now available on light and midsize cabin aircraft classes in addition to its flagship super-mid product. Tailor-made for fractional and jet card owners who want guaranteed access and a lower, fixed hourly rate without ownership or long-term commitment, this new version of Elite Access completes the hugely successful XOJET Access Solutions suite of membership programs with innovative solutions that challenge the status quo of private aviation.

Elite Access is suited for clients looking for guaranteed rates and availability with a significant competitive advantage for flights as short as 1.5 hours. As the highest tier of Access Solutions memberships, Elite Access combines the best of fractional ownership and jet cards with the hallmarks of XOJET: unprecedented flexibility and value, personalized services upheld by world-class aviation advisors and flight operations teams, and industry-leading safety management systems.

"Coming from fractional or jet card programs, many clients are looking for predictable, fixed rates that make it simple to plan their flights, and Elite Access does just that," says Gregg Slow, executive vice president of sales and client services. "This is perhaps the greatest, guaranteed super-mid product on the market, and it now completes our suite of memberships that appeal to a wide assortment of private flyers."

Chief amongst Elite Access benefits is pricing. Designed for time-bound clients with complex travel demands, Elite Access offers the feel and delivery of fractional ownership for a lower, bundled cost. The premise of the program is simple: deposit $100,000 or more into the account, pay on a per-flight basis (debited from the account), and, if applicable, withdraw funds at any time. At a $1,000 monthly membership fee, Elite Access offers the same product as fractional and jet cards with more flexibility and a superior price that sits 15% lower than jet cards and 40% lower than fractional. Elite Access' price structure also offers long-haul and round-trip discounts, which make it one of the best value products in private aviation.

Beyond pricing, Elite Access offers unprecedented flexibility across three jet classes, never restricting clients to one class of aircraft and never charging interchange premiums. With over 1,300 approved aircraft available through XOJET's Preferred Partner Network, if a mission is better suited for a light or mid than a super-mid jet, Elite Access members can make the switch seamlessly, simply paying a different fixed hourly rate.

As part of the launch, XOJET will waive the Elite Access initiation fee ($3,000) for clients who enroll before the end of 2018.