The unit of Vista Global is tapping into the increased demand of affluent consumers to fly by private jet beyond their own residences
What goes together like kike rama lama lama ka dinga da dinga dong? Lately, it seems private jet providers and luxury resorts and retreats. Leading private aviation provider XO (a merger of the former XOJET and JetSmarter last year after its acquisition by Vista Global), is continuing to expand its value-added offers who its jet membership and on-demand private jet customers.
Shared private jet charters offer big savings. Are they ready to take off? An in-depth comparison of the three major shared flight providers.
Jet Linx says last year it flew 40,000 empty seats; XO says it has sold over 160,000 single seats on shared flights
Sharing half of your flights between New York and South Florida during the winter could save as much as $75,000
Restrictions in jet sharing may mean it’s not right for you
Can you fly for the same price as first-class with the airlines?
Everyone wants to fly privately, says Kenny Dichter, the CEO and co-founder of Wheels Up. And the idea is the cheaper it is to fly privately, the more people who will do it. Dichter says that was his idea using the eight-seat King Air 350i to “democratize” short flight.
In the world of chartering your entire aircraft, he cut the price for a one-hour flight for eight people to around $5,000 compared to a cost of $8,000 to $10,000 for the same trip on a jet. His argument was that there was a minimal time penalty since landings and takeoffs are not at full speed, and often as you get near to your destination airport, airplanes are slowed down to similar speeds.
Collins Aviation’s LuxStream connectivity services will be fitted across Vista Global’s fleet of 116 long-range large cabin and super-midsize private jets
LuxStream promises 25 megabits per second across the US; 15 megabits per second globally
Calling it a “game-changing development for Vista Global members’
in-flight experience” and “unprecedented,” Vista Global today said it is the
launch partner for LuxStream from Collins Aerospace Systems.
In a press release, Vista Global promises the partnership will “provide private aviation customers with the fastest broadband speeds available.” It called the move “a further demonstration of Vista Global bringing the latest and most innovative technology to market and driving radical technological change across the private aviation industry.”