Vista Global in SPAC IPO talks, according to Bloomberg

VistaJet

Bloomberg is reporting that VistaJet, XO Global owner Dubai-based Vista Global Holding is in talks to go public via a SPAC that could value the private aviation company at more than $10 billion

Hours after, KKR said it would put $150 million behind Jet Edge to target NetJets, and as Wheels Up finalizes its SPAC merger with Aspirational Consumer Lifestyle, there is another potential M&A in the private aviation sector. Bloomberg reports that Dubai-based Vista Global Holding may go public via a special purpose acquisition company.

XO adds new luxury resorts and villas to its travel programs

Beach Enclave Turks

Vista Global’s XO is offering discounts and added value at luxury resorts to customers who book their charter flights via the broker

XO Global today announced its newest lineup of Exclusive Offers, it elite travel program that packages private charter flights book via the broker and luxury accommodations.

Flexjet, Sentient parent OneSky orders 200 Embraer Eve eVTOLs

Eve eVTOL

The order follows Directional Aviation’s purchase of helicopter operators Associated Aircraft Group (AAG) and Halo Aviation, Ltd., both being rebranded as Halo

Flexjet and Sentient Jet customers could see benefits from Directional’s vertical strategy by the Fall

This morning, Directional Aviation’s OneSky Flight unit said it had ordered 200 eVTOLs from Embraer-backed Eve Urban Air Mobility Solutions. It continues a longstanding partnership with the Brazilian OEM. Flexjet uses the Phenom 300 as its light jet option. It has made the Praetor 500 and 600 the core of its midsize and super-midsize fleet.

As NetJets raises jet card rates, here’s what to expect from competitors

Jet card pricing 2021

With record demand, will private jet travel become more expensive? Jet card hourly prices are up 5.8% to 8.7% from December

The recent announcement by market leader NetJets it is raising jet card rates between 2% and 8% raises the question, will others follow suit?

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