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.
VistaJet recently launched a program allowing clients to pay after they fly. A Bloomberg report suggests the private jet charter company will accept your house as payment
In addition to its fleet of silver bullet Bombardier Globals with distinctive red cheat lines that can be seen at airports from New York, London, and Geneva to Aspen, Bali, and countries whose capitals you probably can’t name for, say $21,6 million, VistaJet is known for its unabashed approach to the ultra-high net worth lifestyle and innovative marketing programs.
The jet card and charter operator continues its expansion of luxury partners with its first addition since being acquired by Vista Global
XOJET, which operates a fleet of super-midsize private jets and has a $100 million dollar charter brokerage, including off-fleet midsize and light jet card memberships, has added The Resort at Paws Up. The move continues its focus on adding value for Preferred Access and Elite Access jet card members via luxury and lifestyle partnerships.
Global jet card and charter operator VistaJet said it has
seen a 104% increase in the number of animals flown in the past two years
As previously reported by Private Jet Card Comparisons, VistaJet today previewed a new program to provide VIP services for your pets.
It is the latest in a series of announcements over the past year with specialized programs for children, fine dining and oenophiles. VistaJet, which operates super midsize, large cabin and ultra-long-range Bombardier private jets is the only jet card program with a global primary service area that provides one-way rates without ferry fees.
The XOJET acquisition by Vista Global is a done deal, although Bloomberg reports its financing faced several hiccups on the way
Dubai-based Vista Global’s September announcement that it had reached an agreement to acquire XOJET has closed and has landed safely, but a report by Bloomberg suggests that some of the financings were hit by market turbulence. The acquisition dramatically increases Vista Global’s penetration of the U.S. business aviation market, the largest in the world. It has also said it plans to expand the XOJET brand globally from its U.S. base. The two entities combined operate approximately 115 super midsize and large cabin extended range jets, while XOJET brings a charter brokerage arm that contributes over $100 million in sales.
Earlier this year XOJET put itself into play. Last week VistaJet launched a holding company with plans to expand. Voila, a deal!
Earlier this morning Thomas Flohr’s VistaJet announced it had reached an agreement to acquire XOJET via Vista Global, a Dubai based holding company formed earlier this month. The deal covers XOJET’s business aviation fleet and commercial operations, and the release said XOJET’s regulated air carrier will continue to be independently operated in a joint venture under U.S. control and leadership, in accordance with U.S. Department of Transportation criteria. As first reported by Private Jet Card Comparisons, earlier this year XOJET hired Perella Weinberg Partners to explore its ongoing business options.