Speaking to Arabian Business, VistaJet and XO boss Thomas Flohr believes he can get more flight hours out of his current and future private jet fleet
Thomas Flohr, the chairman and founder of Dubai-based Vista Global Holding, says there is a lot of room to grow – in his own fleet.
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.
Let’s make a deal. The M&A market for private jet operators is hot. Over 50 deals, fundraises, launches, and bankruptcies detailed
(Updated June 8, 2021) The COVID-19 crisis may be bringing the already simmering mergers and acquisitions market for private jet operators and brokers back to a boil.
Vista Global’s Florida-based XOJET Aviation unit is expanding beyond its fleet of 43 Challenger 300s and Citation Xs to bolster its U.S. owned fleet
XOJET Aviation has purchased a “controlling majority” stake in Red Wing Aviation Company
The big keep getting bigger as Vista Global adds 15 light jets to XO’s floating fleet of 43 super-midsize private jets. It expands the XO branded fleet to 58 aircraft. The Florida-based IS-BAO Stage 3 operator also flies 15 of VistaJet’s N-registered private jets. The new aircraft brings Vista Global’s overall fleet count to 130 aircraft, with 56% registered in the U.S.