Story ID: 
VistaJet Sees Double-digit Growth in Flight Hours
By: Chad Trautvetter
Caption: Its all-Bombardier fleet—which includes the Challenger 350, 650, and 850 and Global 5000 and 6000—now numbers 72 aircraft.
Word Count: 199
VistaJet had its strongest ever year in 2017, with flight hours “up markedly” year-on-year, the company announced today. In fact, VistaJet increased market share across the globe and saw double- and even triple-digit growth in flight hours, with the U.S. up 38 percent; UAE, 44 percent; Oman, 300 percent; and Asia, 16 percent.

“If current trends continue, 2018 is expected to be another momentous year for the company,” VistaJet said. “The upper end of the sector historically tracks the global economy, and with Europe, the U.S., and the Middle East seeing growth once more, demand is only set to build in 2018.”

This year, VistaJet founder and chairman Thomas Flohr said, the company remains focused on building more market share in the largest markets in the world, namely North America and Asia, as well as the rapidly growing markets in the Middle East. “With the growth of the tech sector on the U.S. West Coast and a growing body of entrepreneurs in key global financial hubs such as Dubai, the audience for private aviation will get even younger in 2018,” he predicted.

Its all-Bombardier fleet—which includes the Challenger 350, 650, and 850 and Global 5000 and 6000—now numbers 72 aircraft.