Caveat Emptor: Avoiding private jet scams, bankruptcies, and shutdowns

Zetta Jet

New and veteran private jet flyers have discovered that if it seems too good to be true, it may well be. Here are some of the sad stories we’ve covered in the past five years

Summerset Maugham once wrote about the French Riveria it is “a sunny place for shady people.” While private aviation has a lot of great people, and I enjoy covering the industry, I have to admit I was surprised that, looking back over the past five years, there have been over a dozen private jet scams, bankruptcies, and shutdowns. To me, that seems like too many.

Jet Edge boosts Vista Global U.S. sales to 185% increase through Q3

VistaJet Global 7500

The U.S. sold 64% of worldwide flight hours sold for Vista Global Holding, powered by its acquisition of Jet Edge

From bit player to the head table, Thomas Flohr’s Vista Global Holding is increasing its presence in the critical U.S. market.

Vista adds 25-hour VistaJet Program, revamps XO memberships, ends Jet Edge Reserve

XOJET Challenger 300

Vista overhauls VistaJet and XO jet card and membership offerings with a combination of fixed and dynamic pricing options

Vista Global is shuffling its line-up of membership options, a move it signaled when it stopped selling the XO Elite Access fixed-rate program in July, a move we exclusively reported.

Vista Global’s XO removes fixed-rate Elite Access membership option from website

XOJET

XO still offers dynamic pricing memberships but scratched its fixed-rate Elite Access private jet membership, according to its website

Since last September, Vista Global’s XO has been adding restrictions, increasing pricing, and taking away discounts from its Elite Access fixed-rate private jet membership.

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