VistaJet is moving its corporate headquarters to Malta as it prepares for the next phase of growth, the aircraft charter company announced yesterday. This follows the milestone delivery of the company's 50th Maltese-registered aircraft.

VistaJet opened an operations center in Malta in June 2013, and this latest move will bring together its operations, finance and European customer services teams in that same location. A VistaJet spokeswoman told AIN that all staff will be moved to Malta by year-end. It also plans to hold training and development exercises for employees and clients at its new Malta International Airport-based headquarters.

“Centralizing our European business functions and moving our global group headquarters to Malta will enable the company to thrive and deliver even more efficiency for our global customer base,” said VistaJet founder and chairman Thomas Flohr.

Since the company relocated operations to Malta three years ago, its fleet has nearly doubled from 32 to 60 Bombardier Challengers and Globals. In the past two years, the company entered the U.S. and Chinese markets, and last year expanded its global flight traffic by 21 percent, making 2015 a record year for VistaJet.