The global non-ownership private jet provider is extending its partnership for a second year
Ever active in its marketing, VistaJet announced it will continue its partnership with Scuderia Ferrari for a second year as official supplier of private jet travel.
In a press release, the private jet fleet operator said, “With the ever-demanding race calendar and often only days between Grands Prix, the team faces challenging timelines. VistaJet will support the team to optimize their travel and transfer times throughout the 2020 Formula One season.”
Shared private jet charters offer big savings. Are they ready to take off? An in-depth comparison of the three major shared flight providers.
Jet Linx says last year it flew 40,000 empty seats; XO says it has sold over 160,000 single seats on shared flights
Sharing half of your flights between New York and South Florida during the winter could save as much as $75,000
Restrictions in jet sharing may mean it’s not right for you
Can you fly for the same price as first-class with the airlines?
Everyone wants to fly privately, says Kenny Dichter, the CEO and co-founder of Wheels Up. And the idea is the cheaper it is to fly privately, the more people who will do it. Dichter says that was his idea using the eight-seat King Air 350i to “democratize” short flight.
In the world of chartering your entire aircraft, he cut the price for a one-hour flight for eight people to around $5,000 compared to a cost of $8,000 to $10,000 for the same trip on a jet. His argument was that there was a minimal time penalty since landings and takeoffs are not at full speed, and often as you get near to your destination airport, airplanes are slowed down to similar speeds.
Flight sharing and charter broker JetSmarter says it is being targeted by ‘unethical competitive practices’
A report in the New York Post yesterday picked up on industry rumors bouncing around the last couple weeks that JetSmarter would be sold to Vista Group, a Dubai-based holding company formed last September which was used as a vehicle to acquire XOJET weeks later. The report cited undisclosed sources claiming, “Both insiders identified roll-up artist Vista Global as the likely acquirer. But if talks between the two parties fail, and JetSmarter fails to secure additional financing, the sources said it could be forced into bankruptcy.”