XOJET CEO Paul Touw was given a chance to speak about the successful business model that has led its company at Esther Dyson’s FlightSchool. The Flight School, in Aspen Colorado, held the third annual conference that brings together the aviation world with aircraft makers and operators, entrepreneurs, marketers, analysts, investors,the press, and regulators. Given the aviation world a change to discuss many different aspects of aviation, from new strategies to experience and possible opportunities.
For Touw it was a chance to speak on a panel that discussed “Private Aviation Models that are Workingâ€. Which allowed Touw to discuss the business model that has made XOJET such a successful company.
Some of Touw’s topics included, XOJET’s high customer demand, revenue earnings (at 95 percent compared to 65 to 70 percent for the rest of the industry), and how XOJET’s has been able to keep 99.5 percent of their flights departing on time.
"Like many of the other companies at Flight School, we set out to
rethink every aspect of our business from the ground up," commented Touw. "Our efforts are paying off, and it was a pleasure to be able to step back and discuss the strategies and market requirements that are defining the next-generation of space and aviation leadership with such a thoughtful group."
Touw himself is quite a speaker for the Flight School. Starting out
as an aerospace engineer, he co-founded the software company Ariba, which later produced business-to-business software that became the choice for 75 percent of the Fortune 500. Later when Touw formed XOJET, he set out to bring the same strategies he used with Ariba, such as technology innovation, customer service, and operational cost. In doing so he has helped to make XOJET the company it is today.