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.
Continue reading “Vista Global buys charter broker Apollo Jets, private jet operator Talon Air”
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.
Continue reading “VistaJet, XO turned in record-setting performances in 2020”
Two private jet trade groups are accusing the cable network of misrepresenting Clay Lacy and the importance of business aviation
A letter issued yesterday by the top executives of the National Business Aviation Association and National Air Transport Association said CNBC coverage of the CARES Act distorted the impact of Covid-19 on business aviation.
A post on NBAA’s website was titled, “CNBC Distorts Pandemic’s Impact on Business Aviation, Specifically Charter Company Clay Lacy.”
Continue reading “NBAA, NATA take CNBC to task for Clay Lacy and CARES Act coverage”
Global private jet operator VistaJet is highlighting that it hasn’t made any redundancies during the COVID-19 Coronavirus pandemic
It’s not news that the leading private jet operators often don’t miss an opportunity to get in some digs about competitors, particularly the industry’s biggest player, Berkshire Hathaway-owned NetJets.
Continue reading “VistaJet’s Flohr shades NetJets in a letter to private jet travelers”