Monday, September 26, 2022

VistaJet delivers strong first-half in 2021

Vista Global Holding, one of the world’s largest On Demand charter provider by hours flown, has shown exceptional growth in the region in the first half of 2021 with the Middle East making a significant contribution to the group’s overall sales growth, while combined flights into Dubai’s two international airports saw the emirate become the group’s number one destination for flights.

The year has begun with sales of the group’s subscription products at all-time highs during the first half of 2021, a statement from the group said. 

Vista Founder and Chairman Thomas Flohr said “It has been an exceptional start to 2021 for Vista and we are making progress in all corners of the world in enhancing our position within the business aviation industry. 

“The Middle East has been a key and growing market for several years now and, the fact we have seen such strong and consistent growth through the first half of the year, demonstrates how private aviation is the critical mobility solution.”

Its portfolio of brands includes VistaJet, XO and the recently acquired Red Wing Aviation, Apollo Jets and Talon Air. VistaJet specifically — with its Program membership and silver and red fleet of mid- and long-range jets — has driven the group’s growth in the GCC markets.

The Middle East saw a 100 per cent YOY increase in the number of new VistaJet Program members between January and June 2021, compared to the first half of 2020. 

At the same time, VistaJet registered a 153 per cent increase in the number of flight hours against the same period last year, compared to North America and Europe which registered 76 per cent and 41 per cent respectively.

The region had some of the highest growth in terms of number of all VistaJet flights, with an increase of 134 per cent vs the same time last year, while Bahrain, UAE and Qatar all saw triple-digit YoY increase for the same period, with +283 per cent, +236 per cent and 231 per cent respectively.

The Group has also accelerated the growth of its global fleet, with already four Global 7500s now available globally for service under the VistaJet brand. This is a game-changing moment as Vista offers the largest, most technologically advanced and longest-range business jet ever for its Members. In addition, XO added 15 new aircraft in the first half of 2021.

The company is also upgrading its interiors across both VistaJet and XO aircraft to further enhance client experience on board. These developments include the installation of greater in-flight connectivity and technology.

Thomas Flohr continued: “The flexibility of the Group’s fleet and its global footprint has allowed Vista to take full advantage of the strong resurgence in global demand from new and existing Members worldwide. Our trusted brands, coupled with the acceleration of our proprietary technology provides us with a significant advantage in the industry, creating superior client value and elevated end-to-end experience.

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