VistaJet is expanding its program-based charter network through an alliance with Beijing Airlines, Air China’s private aviation subsidiary. A memorandum of understanding (MOU) signed here at the ABACE show yesterday sets the stage for VistaJet to establish a base in Beijing and eventually provide point-to-point service within China.
Aircraft charter provider VistaJet plans to step up its expansion of operations across Russia, Asia, Africa and South America. By 2015, the Switzerland-based group also intends to double the size of its fleet to more than 60 jets. VistaJet is in talks with prospective partners in China and expects to have an established operation there by year-end. On January 12, the company reported that it anticipates final figures for 2011 to show a 20-percent increase in passenger numbers and a 25-percent hike in revenues. It also anticipates 50-percent growth in profits.
Aircraft charter provider VistaJet plans to step up its expansion of operations across Russia, Asia, Africa and South America, the company revealed in a presentation to financial analysts in London today. By 2015, the Switzerland-based group also intends to double the size of its fleet to more than 60 jets, it said. VistaJet is currently in talks with prospective partners in China and expects to have an established operation there by year-end.
VistaJet is committing three new long-range aircraft to the Middle East market, with an order for a pair of Bombardier Challenger 850 business jets and a Global 5000. Chairman and founder Thomas Flohr said the company is seeing strong demand for its flexible-use programs from Saudi Arabia, Qatar and the United Arab Emirates. He believes that by the end of 2012 the Middle East will account for 15 percent of VistaJet revenues.
Bombardier announced last month at the Paris Air Show that Swiss private aviation provider VistaJet has placed a firm order for 10 copies of the Global 8000 ultra-long-range business jet it is developing.
Bombardier Aerospace (Chalet A256) announced the sale of 10 of its new Global 8000 business aircraft to charter provider VistaJet, which becomes launch customer for the type. The firm order is valued at around $650 million, bringing the European operator’s order backlog of Bombardier aircraft to $2 billion. The long-range 8000 is due to enter service in 2017.
After a couple of years in which the prevailing vibe at the business aviation community’s annual gathering in Europe has been one of mutual commiseration, EBACE 2011 has shown tangible evidence of recovery in the industry. Nine-digit jet deals are back in fashion, thanks to the likes of VistaJet and Comlux, which bought hundreds of millions of dollars in new aircraft this week at EBACE.
VistaJet put itself back in full-blown growth mode yesterday, placing a major order with Bombardier for 18 jets in a move that will take its fleet to more than 50 aircraft. The $383 million deal signed here at EBACE includes 12 Globals and Challengers and six Learjet 60 XRs. Deliveries should begin next year.
Switzerland-based charter operator VistaJet here on Monday unveiled an unusual tail painting on one of its Bombardier Global XRS business jets–a work of art by U.S. street artist Retna. Intended to bring together the art world and the business aviation world, as VistaJet founder and chairman Thomas Flohr put it, the original graffiti uses Retna’s lettering theme.
Charter operator VistaJet has taken luxury a step further with a cabin makeover that includes everything from cashmere blankets to designer uniforms for the crew.