Vista Global refinances with $550 million of senior unsecured bonds

VistaJet XOJET

The owner of XOJET and VistaJet will use funds to pay debt due in 2020 and 2021

Debtwire is reporting VistaJet Malta Finance PLC and XO Management Holding Inc., units of Dubai-based Vista Global Holdings, successfully sold $550 million in senior unsecured bonds earlier this week. The news service, which covers the worldwide debt market, said Vista had to increase the coupon of the deal due to investor concerns about the cyclical nature of private aviation and UHNW spending during a downturn.

Air Charter Service doubles Moscow presence

Air Charter Service

The broker of jet cards and on-demand charter is expanding its Russian presence


Air Charter Service, which has 25 offices worldwide, and sells on-demand charter and jet cards in the U.S. and Europe, said it has expanded its presence in Russia, moving into new offices in Moscow with nearly double the space as its previous presence.

Here’s how a jet card can give you more summer vacation

jet card

Jet cards make flying privately even easier. Here’s how a jet card can give you more summer vacation!

One of the benefits of private jet travel is it makes every weekend a long weekend, which can make those summer getaways even more fun, memorable and frequent.

NetJets, Wheels Up, Jet Smarter and JetSuite compared

NetJets, Wheels Up, JetSuite, JetSmarter

The four most searched private aviation companies on Google are very different, although they also have some similarities

In the world of private aviation solutions – fractional ownership, leases, jet cards, memberships, seat sharing, semiprivate airlines, and so forth, four companies have generated the most interest, according to Google Trends. Surprisingly, perhaps, they are each quite different once you get past the fact that they all want to fly you somewhere.

In terms of interest, Wheels Up (red) followed by NetJets (blue), JetSmarter (yellow) and JetSuite (green) are the most search private aviation companies. Source: Google Trends

Skyjet rebrands, integrates with PrivateFly; Slashes Explorer membership price by 47%

JetSmarter

Through the end of April, the former Skyjet Explorer pay-as-you-go fixed rate jet card is being discounted to $5,000

Directional Aviation’s OneSky, which owns Flexjet and Sentient Jet, said it has merged its Skyjet brand into PrivateFly, which it had acquired last September. Skyjet was acquired by Directional in 2014 as part of Bombardier’s divestiture of its fractional share arm Flexjet. The Skyjet team is being merged into PrivateFly under Adam Twidell, the co-founder and CEO of PrivateFly.