XOJET Continues Expansion with Addition of Four Senior Management Team Members

The news comes on the heels of the announcement earlier this week that aviation industry veteran David N. Siegel has been named president and CEO as founder Paul Touw takes on the role of executive chairman.


Mr. Botimer has worked on aviation and related travel and transportation endeavors for more than 15 years. He previously served as the senior vice president of planning at Cendant Car Rental Group playing a pivotal role in the integration of the Budget and Avis brands and helping to return Budget to profitability within two years of ownership. Before that, he served as the vice president of revenue management for America West Airlines, a low cost carrier that eventually merged with US Airways. He also spent several years at Continental Airlines where he was managing director of international pricing and revenue management. Earlier in his career, he was a member of the academic staff at the University of California at Berkeley. A graduate of the University of Illinois, he holds a masters and doctoral degree in transportation from the Massachusetts Institute of Technology.

About XOJET

Founded in 2006, XOJET has quickly become one of the world’s fastest growing private aviation companies, built on a unique business model that combines private jet ownership, membership and on-demand travel and a singular focus on providing the highest level of customer service at every point of the client’s experience. Backed by TPG, a leading global private investment firm with over $60 billion of capital under management, XOJET recently secured $2.46 billion for fleet expansion.

XOJET operates an all-new fleet of Cessna Citation X planes – the fastest civilian aircraft available, and took delivery of its first Bombardier Challenger 300 this month. The company has fewer members per jet in its Fleet Exchange Membership program than competitors, providing for increased program flexibility and unprecedented customer satisfaction. Its award-winning, in-house safety and maintenance program rivals the world’s best commercial airlines, having earned the highest ranking in four key categories – more than any other operator – from Aviation Research Group. XOJET’s fleet is expected to reach 128 aircraft worth $3.1 billion by 2012.

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