Vista Global’s move to combine XOJET and JetSmarter under a new brand, XO, and new website, FlyXO.com, has brought some significant changes for jet-card customers. Here are the details.
The revised XO jet cards expand light and midsize programs nationwide and offer a new discount structure for longer flights
Thomas Flohr’s Vista Global group has been moving fast. Since the founder of VistaJet set up a Dubai-based holding company last September, he bought XOJET and JetSmarter. Then last month, he merged the two companies into a new brand, XO, and a new website, FlyXO.com.
The result has been an integration of JetSmarter’s Instant Booking private jet charter rates and seat sharing options into XOJET’s existing jet cards, potentially providing customers with a wider variety of options.
Of course, the devil is usually in the details. But first, a quick review of the program basics.
FlyXO.com is the new website that combines the two Vista Global acquisitions into a new single platform
“…a new company, new brand, new products…” – Thomas Flohr, chairman
Vista Global has merged its recently acquired XOJET and JetSmarter brands into something it is calling XO, powered by JetSmarter technology, and something it is saying is “the beginning of a new world, with instant booking and worldwide access for on-demand customers.”
Visitors to both the XOJET.com and JetSmarter.com websites as of this morning are redirected to a new FlyXO.com URL.
The specialist in mid-and-long-haul private jet flights has
made its website more interactive while improving account data for customers
VistaJet has launched a new website designed to be
interactive. It includes a number of new functions, including the ability to
get an on-demand charter quote on the home page as well as comparison features
to various ownership options. The company is also enhancing online tools for
customers, including being able to changes flights digitally and download
invoices from past flights instantly.
“Our previous website was beautiful and clean, but not conducive to a conversation. It was more of a brochure,” executive vice president, marketing and innovation Matteo Atti tells Private Jet Card Comparisons.
The deal, which is being announced this morning, and closed Friday, adds 26 light jets to the Wheel Up fleet
Wheels Up announced this morning that it has closed a deal to acquire Elkhart, Indiana-based Travel Management Company (TMC), a significant fleet operator of owned and leased light jets serving the on-demand charter market. The deal will increase the current Wheels Up fleet to 119 owned and leased aircraft. Terms of the deal were not disclosed.
For Wheels Up founder Kenny Dichter, who helped popularize jet cards by launching Marquis Jet Partners in 2001 before selling it to NetJets in 2010, the move comes after he announced in January he had hired Goldman Sachs and Bank of America to provide advice on strategic options.
The owner of XOJET and VistaJet will use funds to pay debt due in 2020 and 2021
Debtwire is reporting VistaJet Malta Finance PLC and XO Management Holding Inc., units of Dubai-based Vista Global Holdings, successfully sold $550 million in senior unsecured bonds earlier this week. The news service, which covers the worldwide debt market, said Vista had to increase the coupon of the deal due to investor concerns about the cyclical nature of private aviation and UHNW spending during a downturn.