VistaJet, Wealth-X Showcase Private Jet Travel Options In New Report

The Private Jet Traveler Report 2018 seeks to explain the various private aviation options available to wealthy consumers from full and fractional ownership to Jet Cards, on-demand charter and commercial first class

 

Researcher Wealth-X and VistaJet, which offers a high-end Jet Card membership program, earlier this week released The Private Jet Traveler Report 2018, a global perspective on who flies privately and how. Since the research was based in part on the VistaJet clientele, I am not sure it represents the entire industry (VistaJet’s sweet spot is long-hauls and 3+ hour trips on SuperMid and Large Jets). However, it does provide some interesting insights into why folks fly privately, none of which may be a surprise to you as a regular user of private jet services, but does dispel a few champagne and caviar myths. 

Fly BLADE Secures $38 Million To Expand Its Helicopter Sharing Flights

Investment capital continues to pour into private jet and helicopter membership, card and sharing programs

 

Here it comes. Add Fly BLADE to JetSmarter, JetSuite, Stellar.aero, Victor, VistaJet and Wheels Up – the list of private jet card, online charter and by the seat private aviation companies that have raised over $500 million over the past 18 months. According to a press release, BLADE added “approximately $38 million” to its coffers via Series B Financing led by Colony NorthStar and Lerer Hippeau along with Airbus Helicopters and LionTree Ventures. 

JET CARD INSIDER – From Prices To Policies, We Look At XOJET’s New And Relaunched Programs

XOJET has launched new programs with both dynamic and fixed pricing, using its own fleet and a closed fleet of third-party charter aircraft

 

In the past year, XOJET has overhauled its existing programs and added new programs and benefits. The Brisbane, California based operator has also announced it has hired Perella Weinberg to explore options from attracting new investors to buying other companies and possibly a sale. With all of this going on, we figured it was timely (and necessary) to update the Jet Card Insider report in June 2017

XOJET Retains Perella Weinberg Partners To Explore Financial Options

Is XOJET in play? The company said it is looking at raising new funds, a merger, sale or strategic alliance.

 

In order to best position XOJET for continued growth and expansion, Perella Weinberg Partners has been engaged as a strategic advisor to explore a range of options that may include a capital raise, merger, sale of the company or a strategic alliance, according to a statement received by Private Jet Card Comparisons. The company was started in 2006 and has over 450 employees, 41 of its own aircraft and over 1,300 additional private jets in its broker network. The company has a 24/7 operations center spanning 21,000 sq. ft. in Sacramento, CA. The firm also recently completed the purchase of two Citation X aircraft and is planning to expand the fleet with additional aircraft acquisitions in 2018. Last year, it continued a refurbishment of its current fleet and launched a new membership fee model program. Current key investors include TPG Capital and Mubadala. 

VistaJet Rolls Out Three Global Art Experiences

VistaJet has created three “highly personalized” programs for art lovers to experience the exhibitions and global tour of The Collection of Peggy and David Rockefeller, the most valuable auction of a private collection entirely dedicated to raising funds for philanthropic causes.

 

Following the unveiling of early highlights in Hong Kong last November, the global public tour will move to London (February 21 – March 8), Paris (March 16 – 21), Beijing (April 6 – 7), Los Angeles (April 6 – 12) and Shanghai (April 10 – 11), ahead of the final exhibition in New York at Christie’s Rockefeller Center from April 28 until the sale on May 7 – 11. With each stop on the pre-sale tour, additional works of art and objects will be revealed.