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.
Vista Global has officially added broker Apollo Jets to its XO unit. It also adds a minority stake in charter operator and management company Talon Air
Vista Global has added over $100 million in private jet charter sales and 36 aircraft to its portfolio. Its deal to acquire broker Apollo Jets and a minority interest in the management company and charter operator Talon Air recently closed, a spokesperson confirmed to Private Jet Card Comparisons.
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.
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.