Vista Global Holding, the private aviation group
which owns the VistaJet and XO brands, has begun 2021 with a
record start, with sales of the group’s subscription products at
all-time highs during the first half of the year.
VistaJet sold over 8,000 new annual subscription
hours, an increase of 67% on 2020 figures and a 41% rise over 2019
levels. XO Deposit Members were up 82%, with three times as many
sales in the period compared with 2020.
The group’s On Demand services also performed
strongly during the period, with a year-on-year growth of 67%
across all markets, and 55% up on 2019.
Regionally, the Middle East saw an increase of 153% in flight
hours, with North America and Europe registering 76% and 41%
respectively. As the market remained open for domestic flying,
business travel rebounding and international flying resuming in
June, North America continues to account for the majority of total
group departures at 71%.
Thomas Flohr, Vista’s
Founder and Chairman, said, “It has been an exceptional start to
2021 for Vista and we are making groundbreaking progress in all
corners of the world in enhancing our position as the global
pioneer within the business aviation industry. Vista has seen a
record first half of the year across all metrics and is seeing
huge demand for our subscription and On Demand based offerings.
The surge in demand demonstrates how private aviation is the
critical mobility solution, as sudden local restrictions continue
to cause uncertainty for commercial fliers.”
Vista
continued to focus on the growth and expansion of the business.
The Group has made significant and accelerated progress with the
integration of Red Wing Aviation, Apollo Jets and Talon Air into
its portfolio. This resulted in the further expansion of the
group’s footprint in North America, additionally enabling to serve
Vista clients with aircraft in the light jet category and
management services.
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. In addition, XO added 15 new aircraft in the
first half of 2021.
Through 2021, the group is
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. Vista now offers its fast-growing membership base the
opportunity to access its worldwide flying solutions first-hand
through its owned global fleet of over 180 aircraft plus a network
of over 2,100 alliance jets.
“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,” added Thomas Flohr. “The incredible
dedication and commitment from our teams across the world has
allowed us to capture and transform every single opportunity
available to us. Our momentum is strong and we are extremely
confident about the future as we continue our global expansion in
the second half of 2021 and beyond.”
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