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Vista Global’s VistaJet is accelerating growth at the top end of the ultra-long-haul market as sister XO seeks to boost the by-the-seat market of entry-level private jet flyers.
As the industry struggles with availability, XO is expanding guaranteed dynamic pricing for online booking and enhancements to its flight-sharing offerings.
Private jet fleet capacity has become one of the industry’s hottest issues. Demand for private aircraft, owned, via charters, jet cards, and fractional shares, continues to surge to record levels. Charter and jet card flights tracking 30% higher than 2019 pre-pandemic levels combined with owners flying their jets more is putting a strain on the system. Supply chain and labor issues impacting the greater economy are impacting the private aviation industry. It’s creating a new reality for private jet flyers.
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.