Tag: Thomas Flohr

Court strikes claim against Vista Global's Flohr; new action planned

The allegations against Vista Global Chairman Thomas Flohr did not name the private jet company. Frontiers plans to launch a new claim.

March 28, 2025

VistaJet, XO parent Vista Global signs $600 million investment deal

Vista Global, which owns VistaJet and XO, says it expects to close the definitive agreement for an equity investment by the end of March.

March 17, 2025

Vista Global's Flohr to CNBC: 'We don't need to raise capital'

Vista Global Chairman Thomas Flohr told CNBC the parent of VistaJet and XO is now cash flow positive and he intends to remain majority owner.

February 26, 2025

Vista Global's Flohr answers Financial Times, Bloomberg reports

Chairman of Vista Global Thomas Flohr took to the airwaves in Dubai to answer reports about its finances, potential investment, and an IPO.

February 24, 2025

Bloomberg: VistaJet, XO parent Vista Global could IPO

VistaJet and XO parent Vista Global wants to IPO in the next three years following an anticipated sale of convertible preference shares.

February 24, 2025

FT report: Vista Global turns to small net profit through Q3 2024

Vista Global posted a net income of $1 million on $2.1 billion in revenue through Q3 2024 as KBRA affirmed its BB- bond rating.

February 21, 2025

VistaJet, XO parent Vista Global in 'late-stage' of $800 million raise

Following its November report, debt market intelligence website 9fin says Vista Global is in 'late-stage' negotiations to complete its convertible preferred equity raise.

January 23, 2025

VistaJet, XO parent Vista Global seeking to raise up to $1 billion

Debt market intelligence site 9fin is reporting Vista Global is working with Jefferies on a preferred equity raise of up to $1 billion.

November 22, 2024

Wheels Up taps Vista Global exec to lead planning and strategy

Meaghan Wells becomes EVP of Enterprise Planning and Strategy at Wheels Up after eight years at rival Vista Global.

October 8, 2024

Fitch affirms Vista Global B+ rating as revenues, EBITDAR grow

Vista Global's top line and EBITDAR continued to surge as its free cash flow improved, according to Fitch Ratings.

October 3, 2024

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