Multiple sources tell Private Jet Card Comparisons that Vista Global, Flexjet parent Directional Aviation and possibly other parties have been in acquisition discussions to buy Jet Edge
Multiple sources tell Private Jet Card Comparisons both Vista Global Holding and Flexjet, Sentient Jet parent Directional Aviation have been in discussions to acquire Jet Edge, the seventh-largest Part 135 charter operator in the U.S., in what would be the heated industry’s latest deal.
“There is clearly a paradigm shift in the global client’s view of private aviation,” says Vista Global chairman Thomas Flohr In reporting record results
Last week we exclusively reported Vista Global Holding’s VistaJet, XO Global, Talon Air, and Red Wing Aviation saw revenue soar last year by $700 million, bringing the company’s totals to over $1.6 billion.
Vista Global’s XO is the latest jet card or membership program to make adjustments, specifically to its fixed-rate Elite Access membership
Vista Global Holding’s XO Global brokerage unit is increasing rates and extending call-outs, the lead time to book flights, for its fixed-rate Elite Access membership.
Vista Global outlines growth moves, including plans to increase Red Wing Aviation’s fleet 350% by the end of 2022
Vista Global Holding outlined some previously undisclosed growth figures in a recruiting post to celebrate National Aviation Day. It also reaffirmed it has big plans for Red Wing Aviation, which operates light jets in the U.S., serving XO jet card and on-demand charter clients as well as third-party wholesale customers.