Vista Global Holdings (Vista, Booth 2457B) on Monday reported record growth for its VistaJet International and XO charter brands for the first nine months, particularly in the third quarter. Sales in the U.S.—the group’s strongest and fastest-growing region—were up 185 percent over the same period in 2021 and, in the third quarter alone, contributed 64 percent of the total hours sold. New client members in the third quarter accounted for 70 percent of U.S. hours sold, a record in this segment for Vista.
“The U.S. is an incredibly dynamic market, and we are seeing huge growth in the region as members and new clients turn to Vista’s trusted brands and extensive global fleet for a superior end-to-end flying experience,” said Vista founder and chairman Thomas Flohr.
Dubai-based Vista singled out its acquisition of Ohio-based Jet Edge in the first half of the year as a factor in adding clients, infrastructure, and scale to support activity in North America. Meanwhile, the recent introduction of its VJ25 membership, offering 25 to 50 hours of access to the VistaJet fleet, and streamlined XO membership “demonstrates the simplification and client-centric focus of the group’s membership offerings,” the company said.
The Jet Edge acquisition brings the Vista fleet to more than 350 aircraft, half of them based throughout the U.S., including its flagship Bombardier Global 7500, Global 5000, Gulfstream G450, Challenger 605, Challenger 350, and Cessna Citation X/XLS jets. Clients have access to an additional 2,100 alliance aircraft, instantly bookable through XO’s advanced digital app.
Taking a lead in business aviation’s sustainability push, Vista has pledged to become carbon neutral by 2025 and earlier this year published an “Action Handbook for Change in Business Aviation” to encourage collaboration and transparency across the industry. Vista reported that more than 85 percent of its members opt-in to its voluntary carbon-offsetting program.