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.

VistaJet’s Flohr says the Global 7500 will take share from BBJs and ACJs

Thomas Flohr Vista Global

In an interview with CNBC, he said the new $72 million private jet will be a “game changer”

Flying farther, faster and higher, staying above the weather, Vista Global chairman Thomas Flohr told CNBC yesterday he expects the new Bombardier Global 7500 to be a game changer.

VistaJet named official private jet provider of Scuderia Ferrari Mission Winnow

VistaJet cost

The global charter and jet card provider will get the team between races for the upcoming Formula One season

Global jet card and on-demand charter operator VistaJet said it has entereded a partnership with the hScuderia Ferrari Mission Winnow team as its official supplier of private jet travel.

Vista Global says consolidation, longer flights and lifestyle services will highlight private jet travel in 2019

VistaJet jet card customers increased 31% in 2018

Vista Global (parent of VistaJet and XOJET) founder and chairman Thomas Flohr offers his predictions for business aviation

Last year, VistaJet made news when it launched a Dubai-based holding company Vista Global and then weeks later announced the acquisition of XOJET, a large U.S.-based fleet operator and charter broker. At the same time, VistaJet has been solidifying its position at the top end of the global private jet card and charter market adding to its ferry free flying zones (now 95% of the globe) and top-end services for children, catering and oenophiles.

VistaJet is using fine dining to highlight its high-quality approach to the market

A new Chairman’s Menu is being rolled out to help underscore that for a segment of the market private jet travel is not a commodity

 

Aldo Gucci of the famed fashion house once said, “The quality is remembered long after price is forgotten,” a phrase also attributed to Sir Frederick Henry Royce, co-founder of Rolls-Royce. The carmaker is also credited with the lesser known, “Take the best that exists and make it better. When it does not exist, design it. Accept nothing right or good enough.” Either would have fit in nicely at VistaJet, the global private jet operator which has carved a niche by targeting customers who want more than just a private jet.