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.
According to two separate reports in Aviation International News, VistaJet and Flexjet have growth on their minds
Two key players in the fractional ownership, lease and jet card space VistaJet and Flexjet are both planning potentially significant expansion plans, according to aviation trade journal Aviation International News.
The high-end jet card provider has refined wine selections for its guests and is now offering a comprehensive fine wine program for members
After launching live in-flight entertainment programming for kids earlier this year – yes, we’re talking about those Alice in Wonderland themed tea parties – VistaJet has turned its attention to the adults in the room with the debut of the VistaJet Wine Program which will be announced later today. The program is being driven by VistaJet founder, chairman and wine enthusiast Thomas Flohr has led the charge in curating wine selections specifically for their ability to perform well at altitude. The company says, “VistaJet now has the most intelligent and luxurious wine program of its kind to ever exist in air travel.”
The operator of luxury super midsize and large-cabin private jets was powered by its innovative customer service programs and high operating standards
VistaJet has received top honors at the Asian Business Aviation Association’s Icons of Aviation Awards 2018. In addition to being named the Most Innovative Company, VistaJet earned Best Operator for the third consecutive year. Presented by the Asian Business Aviation Association (AsBAA), the awards represent the votes of 150 of its members, including business aviation operators, brokers, corporations, and peers in the aviation industry from across Asia.
VistaJet offers fixed-one way rates and guaranteed availability on a worldwide basis. It has become known for its uber luxury approach to service
VistaJet said it is collaborating with Duddell’s, the Michelin-starred culinary, cultural and social destination in Hong Kong, to create exclusive in-flight menu and limited-edition mooncakes to celebrate the upcoming Chinese Mid-Autumn Festival. The food will not be limited to the air – guests will be able to enjoy the VistaJet menu in September at Duddell’s restaurants in both Hong Kong and London, which offer “classic Cantonese favorites in a refined and artistic setting,” according to a news item posted on the operator’s website.