XO Archives

The digital private jet charter booking revolution is still delayed

May 28, 2023May 28, 2023by Doug Gollan

Expedia-like on-demand private jet charter bookings have been in the works for over 20 years and still aren’t ready for takeoff

When a broker tells you they are like the Expedia or Google Flights of private jet charter, don’t walk, fly. You are being conned.

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VistaJet, XO boss Flohr responds to FT article on Vista Global on CNBC

May 19, 2023May 19, 2023by Doug Gollan

Vista Global Chairman Thomas Flohr responded to the Financial Times article highlighting net losses, cash position, and debt at the private jet flight provider

Vista Global Chairman and Founder Thomas Flohr answered back to this week’s Financial Times article, which highlighted the private jet provider’s increased debt, net losses, and cash position relative to customer deposits for future flights.

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Financial Times: VistaJet, XO parent Vista Global debt, net losses mounting

May 17, 2023May 17, 2023by Doug Gollan

Vista Founder Thomas Flohr counters that the results were the ‘consequence of conservative accounting of non-cash items such as depreciation’

The Financial Times published this morning a lengthy front-page feature on VistaJet and XO parent Vista Global Holding titled, “Private jet disrupter: the debt-fuelled ascent of Thomas Flohr’s VistaJet.”

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