Mega-deal: Vista Global agrees to acquire Jet Edge

VistaJet Jet Edge

Vista Global is acquiring Jet Edge, the 8th largest operator in the U.S. measured by fractional and charter flight hours

Vista Global Holding is making its second major acquisition in 2022. It has reached an agreement to acquire Jet Edge, the 8th largest North American operator based on charter and fractional hours. It follows a February agreement to buy Air Hamburg. The possibility of the Vista-Jet Edge deal was first reported by Private Jet Card Comparisons last month.

Jet Edge launching guaranteed availability with 24 hours’ notice

Jet Edge International

Jet Edge will debut a guaranteed availability jet card starting at 75 hours on Challenger 300/350s, 605/650s, and Gulfstream GIVSP/450s

According to several subscribers of Private Jet Card Comparisons, fast-growing Jet Edge is launching its first guaranteed availability jet card membership later this week.

2021’s 30 Biggest Charter/Fractional Private Jet Companies Ranked (Full Year)

NetJets Fleet

NetJets, Flexjet, Wheels Up, Vista Global hold serve as four largest North American Part 135/Part 91k private jet operators for 2021; FlyExclusive leaps to 5th

The 10 largest private jet companies increased their share of Part 135/91k flight hours to 45.1% from 44.3% in 2020

Solairus (89.3%), Airshare (77.1%), FlyExclusive (76.3%), NetJets (61.4%), Jet Edge (59.9%), and Wheels Up (55.0%) record biggest percentage growth

Read our detailed 2021 Year-in-Review for each of the 10 largest private aviation providers, including flight hour activity since 2019

There was no change among the top four North American private jet holding companies, based on combined Part 135 and Part 91k flight hours. However, Argus TraqPak data shows a new player in the 5th spot. FlyExclusive moved from 10th in 2019 to 8th in 2020. The table below provides a company-by-company ranking for the 30 largest private jet companies in 2021, including flight hours and market share.

Vista Global says no plans to merge with a SPAC

VistaJet

After it was reported last year Vista Global Holding was preparing for an IPO via Special Purpose Acquisition Company, a spokesperson person says there are now “no plans”

A day after announcing an agreement to acquire Air Hamburg, a spokesperson for Vista Global Holding tells Private Jet Card Comparisons there are no plans for a SPAC-based initial public offering.

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