The company is decamping from Irvine, Calif., near the John Wayne Airport, to the Dallas area, though a specific location has yet to be selected. Texas offers lower costs and a larger aviation infrastructure, thanks to American and Southwest Airlines Co., Wilcox said. The move also will help the company further distinguish the two sides of its business, working in separate offices as JetSuiteX grows into the larger half of total revenue, he said.
This article was provided by Bloomberg News.