Vista Global closes on Apollo Jets, Talon Air purchase

Talon Air private jet

Vista Global has officially added broker Apollo Jets to its XO unit. It also adds a minority stake in charter operator and management company Talon Air

Vista Global has added over $100 million in private jet charter sales and 36 aircraft to its portfolio. Its deal to acquire broker Apollo Jets and a minority interest in the management company and charter operator Talon Air recently closed, a spokesperson confirmed to Private Jet Card Comparisons.

Vista Global buys charter broker Apollo Jets, private jet operator Talon Air

Thomas Flohr

XO and VistaJet parent Vista Global Holding is acquiring on-demand private jet charter broker Apollo Jets and Part 135 operator Talon Air

Talon Air is the 14th largest charter operator in the U.S. It expands Vista Global into aircraft management

In 2018, it bought XOJET. JetSmarter came in 2019. Last year Dubai-based holding company Vista Global Holding snapped up Red Wing Aviation. Now the parent of VistaJet is acquiring on-demand charter broker Apollo Jets. It is also gaining 49% of Apollo’s 70% interest in Part 135 operator and management company Talon Air. The latter is the 14th largest U.S. charter operator based on flight hours, according to Argus TRAQPak.

NetJets, Wheels Up, Flexjet, and Vista Global’s XOJET lead the list of Biggest U.S. Private Jet Operators

Largest Private Jet Airlines

Despite consolidation, the 25 largest Part 135 and 91K operators account for only 25% of the U.S. private jet market

Why you won’t find Wheels Up when you look at lists of private aviation operators

Sizing the U.S. private jet market between Part 91, Part 91K fractional and Part 135 charter operators

8 of the 10 largest companies are led by the founder or family member

Here’s a big difference between the private jet market and the airlines. Just 10 airlines account for 90% of the domestic market for scheduled passenger traffic. Four companies – Delta Airlines, American Airlines, United Airlines, and Southwest Airlines – are responsible for two-thirds of U.S. flights.

Despite consolidation, business aviation remains fragmented. An analysis by Private Jet Card Comparisons of various reports from Argus TRAQPak and other data shows the 25 largest operators of charter and fractional fleets together account for just 25% of all U.S. flying.

Blue Star Jets’ Founder Ricky Sitomer Has New Big Plans

Sitomer, who sells jet cards and on-demand charter, is planning a reverse merger for his new vehicle, Star Jets International, LLC

 

Blue Star Jets founder is planning his next chapter in private aviation. After rising to notoriety by borrowing the name of his former company from the movie Wall Street and building it into a leading private jet charter broker, he exited after combining it with another brokerage, Apollo Jets. He followed it up last year by launching  Star Jets International, LCC, offering both on-demand charter and jet cards. Yesterday came the big news.

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