Vista Global’s proposed acquisition of Air Hamburg adds 44 private jets for members of its XO and VistaJet membership programs
Another week, another deal. Vista Global has entered an agreement to buy Air Hamburg, bringing 44 owned and managed private jets into its fleet. If successful, it will increase Vista’s fleet size to over 240 aircraft.
“There is clearly a paradigm shift in the global client’s view of private aviation,” says Vista Global chairman Thomas Flohr In reporting record results
Last week we exclusively reported Vista Global Holding’s VistaJet, XO Global, Talon Air, and Red Wing Aviation saw revenue soar last year by $700 million, bringing the company’s totals to over $1.6 billion.
Luxury charter operator VistaJet wants to be carbon neutral 25 years ahead of the industry’s goal to reduce carbon emissions by 50% in 2050
VistaJet said it is committed to carbon neutrality by 2025. At the same time, it is calling the industry to go further than the current goal of a 50% reduction of emissions by 2050. That objective has been set by civil aviation industry bodies, IATA, and the global business aviation community.
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.