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.
The four most searched private aviation companies on Google are very different, although they also have some similarities
In the world of private aviation solutions – fractional ownership, leases, jet cards, memberships, seat sharing, semiprivate airlines, and so forth, four companies have generated the most interest, according to Google Trends. Surprisingly, perhaps, they are each quite different once you get past the fact that they all want to fly you somewhere.
Across fractional ownership, leasing, and jet cards, we look at the leading branded private jet options when you are looking for large-cabin, long-haul solutions (including seat maps)
If you are looking for program access to a branded fleet of large-cabin aircraft and are based in the U.S., the options are somewhat limited, although they include the three of the most prominent fleet operators out there with NetJets, Flexjet and VistaJet. Also of note is Dumont Group, which expects to have a fleet of around 27 Dassault Falcon 2000 aircraft by early next year. In this report, we give you an overview of the current options from each provider.
The parent of VistaJet and XOJET is buying JetSmarter to
bolster its digital strategy
Following its acquisition last fall of XOJET, Rhone Capital backed Vista Global said it has entered into an agreement to acquire Ft. Lauderdale-base JetSmarter with the goal of creating a global on-demand digital marketplace.
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.