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XTI Aerospace Adds Stephanie Chung to its Corporate Advisory Board

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XTI Aerospace (XTIA) has announced the appointment of Stephanie Chung to its Corporate Advisory Board. Chung, the former Chief Growth Officer at Wheels Up, brings over 35 years of experience in aviation, aerospace, and luxury services. Her extensive career includes senior leadership positions at Wheels Up, JetSuite, and Bombardier Inc.

Chung's track record includes significant achievements in market expansion, operational streamlining, and customer experience enhancement. She has been recognized with multiple industry accolades, including features in AdWeek's 'Women Trailblazers' and Robb Report's '23 Black Visionaries Who Are Changing The Luxury World.'

The appointment aligns with XTI's strategic focus on bringing the TriFan 600 to market, with CEO Scott Pomeroy highlighting Chung's potential contribution to the company's innovation and growth objectives.

XTI Aerospace (XTIA) ha annunciato la nomina di Stephanie Chung al suo Consiglio di Amministrazione Aziendale. Chung, ex Chief Growth Officer di Wheels Up, porta con sé oltre 35 anni di esperienza nei settori dell'aviazione, aerospaziale e dei servizi di lusso. La sua vasta carriera include posizioni di leadership senior presso Wheels Up, JetSuite e Bombardier Inc.

Il percorso di Chung include risultati significativi nell'espansione del mercato, nell'ottimizzazione operativa e nel miglioramento dell'esperienza del cliente. È stata riconosciuta con numerosi premi del settore, tra cui apparizioni nella lista 'Women Trailblazers' di AdWeek e '23 Black Visionaries Who Are Changing The Luxury World' di Robb Report.

La nomina si allinea con l'obiettivo strategico di XTI di portare sul mercato il TriFan 600, con il CEO Scott Pomeroy che sottolinea il potenziale contributo di Chung agli obiettivi di innovazione e crescita dell'azienda.

XTI Aerospace (XTIA) ha anunciado el nombramiento de Stephanie Chung a su Junta Asesora Corporativa. Chung, ex Directora de Crecimiento de Wheels Up, aporta más de 35 años de experiencia en aviación, aeroespacial y servicios de lujo. Su amplia carrera incluye posiciones de liderazgo senior en Wheels Up, JetSuite y Bombardier Inc.

El historial de Chung incluye logros significativos en la expansión del mercado, la optimización operativa y la mejora de la experiencia del cliente. Ha sido reconocida con varios premios de la industria, incluidos reportajes en 'Women Trailblazers' de AdWeek y '23 Black Visionaries Who Are Changing The Luxury World' de Robb Report.

El nombramiento se alinea con el enfoque estratégico de XTI de llevar al mercado el TriFan 600, con el CEO Scott Pomeroy destacando la posible contribución de Chung a los objetivos de innovación y crecimiento de la empresa.

XTI Aerospace (XTIA)Stephanie Chung을 기업 자문 위원회에 임명했다고 발표했습니다. Wheels Up의 전 성장 담당 최고 책임자인 Chung은 항공, 항공우주 및 고급 서비스 분야에서 35년 이상의 경험을 보유하고 있습니다. 그녀의 폭넓은 경력에는 Wheels Up, JetSuite 및 Bombardier Inc.에서의 고위 리더십 직위가 포함됩니다.

Chung의 경력은 시장 확장, 운영 효율화 및 고객 경험 향상 분야에서의 주요 성과를 포함하고 있습니다. 그녀는 AdWeek의 'Women Trailblazers'와 Robb Report의 '23 Black Visionaries Who Are Changing The Luxury World'에 실리는 등 여러 업계 상을 수상했습니다.

이번 임명은 XTI의 TriFan 600을 시장에 출시하려는 전략적 목표에 부합하며, CEO Scott Pomeroy는 Chung이 회사의 혁신 및 성장 목표에 기여할 수 있는 가능성을 강조했습니다.

XTI Aerospace (XTIA) a annoncé la nomination de Stephanie Chung à son Conseil Consultatif. Chung, l'ancienne Directrice de la Croissance de Wheels Up, possède plus de 35 ans d'expérience dans les secteurs de l'aviation, de l'aérospatiale et des services de luxe. Sa vaste carrière comprend des postes de direction au sein de Wheels Up, JetSuite et Bombardier Inc.

Le parcours de Chung inclut des réalisations significatives en matière d'expansion de marché, d'optimisation des opérations et d'amélioration de l'expérience client. Elle a été reconnue par de nombreuses distinctions dans l'industrie, y compris des articles dans 'Women Trailblazers' d'AdWeek et '23 Black Visionaries Who Are Changing The Luxury World' de Robb Report.

Cette nomination s'aligne avec l'objectif stratégique de XTI de commercialiser le TriFan 600, le CEO Scott Pomeroy mettant en avant la contribution potentielle de Chung aux objectifs d'innovation et de croissance de l'entreprise.

XTI Aerospace (XTIA) hat die Ernennung von Stephanie Chung in seinen Unternehmensbeirat bekannt gegeben. Chung, die ehemalige Chief Growth Officer bei Wheels Up, bringt über 35 Jahre Erfahrung in der Luftfahrt, Raumfahrt und im Luxussektor mit. Ihre umfangreiche Karriere umfasst Führungspositionen bei Wheels Up, JetSuite und Bombardier Inc.

Chungs Erfolgsbilanz weist erhebliche Erfolge in der Markterweiterung, operativen Effizienzsteigerung und Verbesserung der Kundenerfahrung auf. Sie wurde mit mehreren Branchenpreisen ausgezeichnet, darunter Erwähnungen in AdWeeks 'Women Trailblazers' und Robb Reports '23 Black Visionaries Who Are Changing The Luxury World.'

Die Ernennung steht im Einklang mit XTI's strategischem Fokus, den TriFan 600 auf den Markt zu bringen, wobei CEO Scott Pomeroy Chungs potenziellen Beitrag zu den Innovations- und Wachstumszielen des Unternehmens hervorhebt.

Positive
  • Addition of seasoned aviation executive with 35+ years of industry experience
  • Strategic expertise in market expansion and operational efficiency from leadership roles at major aviation companies
  • Proven track record in business transformation and brand repositioning
Negative
  • None.

ENGLEWOOD, Colo., Feb. 4, 2025 /PRNewswire/ -- XTI Aerospace, Inc. ("XTI") (Nasdaq: XTIA), a pioneer in advanced aircraft design, today announced that Stephanie Chung, former Chief Growth Officer at Wheels Up, a leading provider of on-demand private aviation, has joined the XTI Aerospace Corporate Advisory Board.

Ms. Chung brings over 35 years of distinguished experience spanning aviation, aerospace, and luxury services, with a proven track record in senior leadership roles at industry-leading organizations such as Wheels Up, JetSuite, and Bombardier Inc. As Chief Growth Officer at Wheels Up, President of JetSuite, and Vice President at Bombardier, Ms. Chung played an important role in driving market expansion, streamlining operations, and elevating the customer experience. She has also successfully led business transformations, including repositioning brands and implementing operational efficiencies that delivered measurable results. In addition to her professional achievements, Ms. Chung serves on boards and advisory councils for respected organizations such as the Make-A-Wish Foundation, and the National Business Aviation Association (NBAA).

Ms. Chung's contributions have earned her multiple recognitions including AdWeek's "Women Trailblazers," Robb Report's "23 Black Visionaries Who Are Changing The Luxury World," Savoy Magazine's "America's Most Influential Black Executives," and D CEO Magazine's "Top 500," among others.

"We are thrilled to welcome Stephanie to our Corporate Advisory Board," said Scott Pomeroy, Chairman and CEO of XTI Aerospace. "Her extensive experience in aviation and her proven track record of driving growth and operational success will be invaluable as we continue to innovate and shape the future of aviation. We look forward to her guidance and insights as we continue on our journey of bringing the TriFan 600 to market."

"I'm excited to join XTI Aerospace's Corporate Advisory Board and contribute to its mission of advancing the future of aviation," said Ms. Chung. "The innovation happening at XTI is truly inspiring, and I look forward to working alongside such a talented team to help expand the company's footprint and continue its growth trajectory."

About XTI Aerospace, Inc. 

XTI Aerospace (XTIAerospace.com) (Nasdaq: XTIA) is the parent company of XTI Aircraft Company, an aviation business based near Denver, Colorado, currently developing the TriFan 600, a fixed-wing business aircraft designed to have the vertical takeoff and landing (VTOL) capability of a helicopter, speeds of 345 mph and a range of 700 miles, creating an entirely new category – the vertical lift crossover airplane (VLCA). Additionally, the Inpixon (inpixon.com) business unit of XTI Aerospace is a leader in real-time location systems (RTLS) technology with customers around the world who use the Company's location intelligence solutions in factories and other industrial facilities to help optimize operations, increase productivity, and enhance safety. For more information about XTI Aerospace, please visit XTIAerospace.com and HangerXStudios.com (an aviation innovation podcast), and follow the company on LinkedIn, Instagram, X, and YouTube.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act. All statements other than statements of historical fact contained in this press release, including without limitation, statements about the products under development by XTI, the advantages of XTI's technology, and XTI's customers, plans and strategies are forward-looking statements.

Some of these forward-looking statements can be identified by the use of forward-looking words, including "believe," "continue," "could," "would," "will," "estimate," "expect," "intend," "plan," "target," "projects," or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts, and assumptions that, while considered reasonable by XTI Aerospace and its management, are inherently uncertain, and many factors may cause the actual results to differ materially from current expectations. XTI undertakes no obligation to revise any forward-looking statements in order to reflect events or circumstances that might subsequently arise. Readers are urged to carefully review and consider the risk factors discussed from time to time in XTI's filings with the SEC, including those factors discussed under the caption "Risk Factors" in its most recent annual report on Form 10-K, filed with the SEC on April 16, 2024, and in subsequent reports filed with or furnished to the SEC. 

Contacts

General inquiries:
Email: contact@xtiaerospace.com 
Web: https://xtiaerospace.com/contact/ 

Investor Relations:
Crescendo Communications
Tel: +1 212-671-1020
Email: XTIA@crescendo-ir.com

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SOURCE XTI Aerospace, Inc.

FAQ

What experience does Stephanie Chung bring to XTI Aerospace's (XTIA) Advisory Board?

Stephanie Chung brings over 35 years of experience in aviation, aerospace, and luxury services, including senior leadership roles at Wheels Up, JetSuite, and Bombardier Inc.

How will Stephanie Chung's appointment impact XTI Aerospace's (XTIA) TriFan 600 development?

Chung's expertise in market expansion and operational success is expected to contribute to XTI's efforts in bringing the TriFan 600 to market.

What are Stephanie Chung's notable achievements before joining XTI Aerospace (XTIA)?

Chung has been recognized in AdWeek's 'Women Trailblazers,' Robb Report's '23 Black Visionaries,' and Savoy Magazine's 'America's Most Influential Black Executives,' among others.

What key industry positions has XTI Aerospace's (XTIA) new board member held previously?

Stephanie Chung previously served as Chief Growth Officer at Wheels Up, President of JetSuite, and Vice President at Bombardier Inc.
XTI Aerospace

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