DISQUS

VentureBeat: Silicon Valley’s airline: XOJET takes off as corporate jets lose favor

  • Arthur Howe · 12 months ago
    Sorry, Dean, but this reads like a press release. This is a very capital-intensive business. Although fuel costs have temporarily fallen, the financial climate is so grim that many shareholders will not look kindly on private planes, regardless of the cost benefit analysis. New customer acquisition cannot be strong in this kind of environment. I wish XOJET all the best, but this article could have used a little more perspective from an analyst, competitor, shareholder activist, etc.
  • sam · 12 months ago
    umm...

    does the name netjets/warren buffet mean anything to you...

    corporate jet time-sharing has been around for sometime.. how is this new/innovating..
  • Dan · 12 months ago
    I agree with Sam, havent you seen season two of the Apprentice Netjets? I thought this site was suppose to cover innovative new businesses.
  • Yuri Ammosov · 12 months ago
    Pardon me, but, as rightly mentioned, there is nothing innovative in time sharing jets. In fact, you can buy a personal jet, lease it to a time share jet company, and not only recover maintenance and crew costs but even make money. Most smaller jet owners do exactly this.
  • naysh · 11 months ago
    This sort of attitude is like that of Marie Antoinette saying "Let them eat cake".
    I guess they are too good for commercial airlines these people hey ??
  • Mary Ann Federico · 11 months ago
    Please be advised you are entitled to do as you please. I am contacting your company for
    sponsorship. The Make A Wish Foundation is endorsing Lamborghini Travels. We are
    hosting a charity event March 2009 in NY. We will be running a poker tournament for prizes
    and auctioning gifts. Help us make this event successful. Let us all help the dreams of these
    children come true.
    Thank you,
    Mary Ann Federico
  • jeep parts · 5 months ago
    I am really not into Auto Bailout. We should not reward poor management, negotiation and decision making. Lets face it, The Big Three lacks creativity.