Private Jet Card Comparisons - Know Before You Buy
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Three companies that own three private jets and are associated with the CEO of Texas-based digital charter broker TapJets are involved in bankruptcy filings here in Florida.
In yet another lesson showing it doesn’t matter who you are, it pays to do proper research before you buy into a jet membership program, the check wasn’t in the mail.
U.S. Secretary of the Treasury Steven T. Mnunchin still hasn’t received the $219,623 judgment he won from JetCard Plus and its former CEO Paul A. Svensen, Jr. last May in a Florida Court.
| Year Founded | 2006 |
| Leadership | Thomas Flohr, Chairman of parent Vista Global Holding Beth Stebenne, Chief of Staff Raja Khurana, Chief Commercial Officer Lezlea List, Chief Services Officer Lynn Fischer, Chief Marketing Officer Sergey Petrossov, Chief Digital Officer (Vista Global) |
| Headquarters | Ft. Lauderdale, Florida |
| Jet Card Hourly Rates | Dynamic Pricing only |
| Related Products | On-demand Charters, Empty Legs, By-the-Seat |
| Related Companies | Vista Global Holding (parent), Air Hambug, Apollo Jets, Jet Edge, Red Wing Aviation, Talon Air, VistaJet, XOJET Aviation |
XO traces its routes to 2006 when it was founded as XOJet Aviation based in Northern California.
TPG Capital and Aabar PJS, two large private capital investors, sold the company to Dubai-based Vista Global Holding in 2018.
It is a sister company of VistaJet. Prior to the sale of XOJet it had built an on-fleet and off-fleet model with over $100 million in brokerage sales.
In June 2019, its brokerage was merged with JetSmarter, another Vista Global acquisition. The new brand was named XO Global LLC, and the website URL was changed to FlyXO.com.
XO had offered a wide spectrum of programs, from fixed-rated offerings on its fleet of super-midsize private jets (Citation X and Challenger 300) and off-fleet on light and midsize jets. In July 2021, it suspended its fixed-rate Elite Access membership.
It also offers dynamically priced memberships, shared flights, and the ability to buy single seats on private jets. It has been a leader in jet-sharing flights, pushing the democratization of private aviation.
Recently its parent Vista Global acquired a minority interest in Red Wing Aero, with plans to build its fleet of light jets. It also acquired Apollo Jets, a larger private jet charter broker, which is now a subsidiary of XO Global.
With the Apollo acquisition, Vista Global gained a minority interest in Talon Air, a top 20 Part 135 charter operator. XOJET, Red Wing, and Talon Air-operated aircraft are used in XO programs.
Additionally, it uses third-party charter operators.
As a foreign entity, Vista Global is barred from holding a majority stake in U.S. airlines, including charter carriers. However, it owns both the XO charter and jet card brokerage and aircraft in the XOJet and Red Wing fleets. Talon Air is a mix of owned and managed private jets.
XO is included in Private Jet Card Comparisons’ database of over 50 jet card providers, enabling you to compare programs in minutes.
When was it founded?
XOJET was founded in 2006, and became XO Global LLC after merging with JetSmarter in 2019. XOJet Aviation is a separate company that operates aircraft owned by Vista Global Holding, including the former XOJet fleet.
Who owns it?
Vista Global Holding based in Dubai
Who is the CEO?
Thomas Flohr is chairman of parent Vista Global
How are aircraft sourced?
XO uses XOJet Aviation to operate its owned fleet of Challenger 300 and Citation X private jets. Additional aircraft are sourced through its preferred network of charter operators. It also sources aircraft from related charter operators Red Wing Aviation and Talon Air.
What are the initiation and membership fees?
Memberships start at $995 per year.
What is the entry-level program?
XO Membership requires a $100,000 deposit.
Do they provide guaranteed availability?
Yes
Is the hourly rate guaranteed?
No, dyanmic pricing
What is the company website?
www.flyxo.com
Where is their headquarters?
Fort Lauderdale, Florida
Contact a Sales Executive at XO
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