Press Release

Issued by Green Charter 2022.

May 20, 2013

XJet, an exclusive US based private aviation service provider, has signed a deal with Dubai World Central (DWC), the world's first purpose built aerotropolis, to provide its award winning Club & FBO model at DWC's Aviation City.

Under the agreement DWC will build a world-class terminal, ideally located to capture this high growth market. XJet has a signed a 10 year lease agreement with DWC and is committed to establishing it's global headquarters in the UAE. Rashed Bu Qara'a, chief operating officer, Dubai Aviation City Corporation, said “Our objective is to have world-class standards of services at DWC. We are confident that the seven star service that will be delivered at XJet Club & FBO in DWC will be up to the desired standards of the private jet owners in the region and worldwide.”

XJet is the result of the clear vision of founder Josh Stewart. The company launched it's revolutionary private Jet club at Denver's Centennial Airport (APA) in 2007 offering the aircraft owner the finest facilities and service available in the industry. XJet continued to refine its unique brand of seven star service and opened to transient customers in 2009. The company has achieved double-digit growth since inception and currently ranks as the #1 service provider in the US and has held that ranking for two years (AIN & Pro Pilot).

“We identified the U.A.E. early on as a key market for XJet's global expansion and have worked diligently to secure the perfect opportunity,” said Stewart. “Dubai World Central provides an exceptional platform for our private club & FBO. With a projected doubling of private jet movements within the next 5 years, this region provides a tremendous opportunity for us and we are very excited about launching operations at DWC in the near future.”

Commenting on the deal, XJet's partner Ali Al Naqbi said, “When I first saw XJet Denver in 2007, I immediately recognized the importance of having this ground breaking service model in our region. Dubai World Central is the ideal location and has all the elements of success. We are very confident that this is the perfect opportunity for XJet to launch its exclusive Club & FBO in the Middle East. I am very excited that this vision is now a reality and I look forward to delivering XJet's award winning service in the UAE and beyond.”