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.
VistaJet bolsters its super-midsize Challenger 350 and ultra-long-haul Global 7500 fleets in response to an increase in new corporate customers
Global luxury charter operator VistaJet plans to add over $1 billion in new private jets in the next 24 months. It comes as initiatives to coddle the nascent corporate travel market are apparently paying off.
Vista Global’s VistaJet and XO each set sales records last year, according to the company
VistaJet Program memberships were up by 29% last year, the fastest growth in company history. Its jet card program starts at 50 hours per year, and with a fleet focused on large-cabin jets, customers typically spend over $500,000 per year. If that sounds impressive, sister provider XO reported memberships up 240% in 2020.
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.