Vista Global and Ferrari are extending their partnership to provide flights to races
Vista Global, the private aviation group founded by Thomas Flohr, says it will open its global private jet fleet to all the Ferrari drivers participating in International GT races and in the Prancing Horse mono-brand championships.
The new service will “help all Ferrari international drivers enjoy a safe and seamless flying experience with VistaJet and XO as they travel globally to compete in the races.”
XO (the former XOJET) has debuted five travel offers for its private jet flying clientele
If you are looking for places to go, XO Global LLC (known as XO) has negotiated special offers from five luxury resorts providing that you fly with the private jet company.
The initial partners include escapes to Mexico, the Caribbean and within North America.
Despite consolidation, the 25 largest Part 135 and 91K operators account for only 25% of the U.S. private jet market
Why you won’t find Wheels Up when you look at lists of private aviation operators
Sizing the U.S. private jet market between Part 91, Part 91K fractional and Part 135 charter operators
8 of the 10 largest companies are led by the founder or family member
Here’s a big difference between the private jet market and the airlines. Just 10 airlines account for 90% of the domestic market for scheduled passenger traffic. Four companies – Delta Airlines, American Airlines, United Airlines, and Southwest Airlines – are responsible for two-thirds of U.S. flights.
Despite consolidation, business aviation remains fragmented. An analysis by Private Jet Card Comparisons of various reports from Argus TRAQPak and other data shows the 25 largest operators of charter and fractional fleets together account for just 25% of all U.S. flying.
The news from VistaJet, XOJET chairman Thomas Flohr follows continued positive reports from Argus and WingX
71% of incoming requests are from customers who had no or little previous private jet flying experience
The news continues to be good for the business aviation sector. Last week WingX and Argus reported U.S. private jet travel was approaching 70% of pre-COVID-19 coronavirus levels.
Two private jet trade groups are accusing the cable network of misrepresenting Clay Lacy and the importance of business aviation
A letter issued yesterday by the top executives of the National Business Aviation Association and National Air Transport Association said CNBC coverage of the CARES Act distorted the impact of Covid-19 on business aviation.
A post on NBAA’s website was titled, “CNBC Distorts Pandemic’s Impact on Business Aviation, Specifically Charter Company Clay Lacy.”