 | |
| Company type | Private |
|---|---|
| Industry | Aviation |
| Founded | 2018 |
| Headquarters | Dubai, UAE |
| Website | vistaglobal |
Vista Global Holding Limited is a private aviation group based in Dubai. It was founded in 2018 by Thomas Flohr. [1]
| | |
| Company type | Private |
|---|---|
| Industry | Aviation |
| Founded | 2018 |
| Headquarters | Dubai, UAE |
| Website | vistaglobal |
Vista Global Holding Limited is a private aviation group based in Dubai. It was founded in 2018 by Thomas Flohr. [1]
Vista was launched on September 20, 2018 with support from the global private equity firm, Rhône. Rhône invested an additional $200 million in September 2018. [2] Vista became the parent company of VistaJet, a global business aviation company that Flohr founded in 2004. [3] A week after Vista's launch, it acquired the on-demand private jet company, XOJET. [4] [5]
In April 2019, Vista acquired JetSmarter, a technology-enabled service provider specializing in the aviation industry, [6] [7] [8] and in June, it merged XOJET with JetSmarter and rebranded the companies as XO. [9] [10]
By 2020, Vista acquired Red Wing Aviation, Apollo Jet, and Talon Air. [11] [12]
In February 2022, Vista acquired Air Hamburg, the largest private jet operator with the highest number of flights across Europe. [13] [14] [15] In March, it acquired Jet Edge, a private global aviation in North America, based on fractional and charter flight hours. [16] Over 800 Jet Edge employees also joined Vista. [17]
In April 2022, Fitch Ratings assigned Vista Global's $500 million notes a final BB- rating with a Recovery Rating of RR3. [18]
The Bombardier Global Express is a large cabin, long-range business jet designed and manufactured by Bombardier Aviation. Announced in October 1991, it first flew in October 1996, received its Canadian type certification in July 1998 and entered service in July 1999. Initially powered by two BMW/Rolls-Royce BR710s, it shares its fuselage cross section with the Canadair Regional Jet and Challenger 600 with a new wing and tail.
SmartLynx Airlines Limited, previously LatCharter, is a Latvia-based ACMI, charter and cargo airline based in Mārupe, operating flights on wet lease out (ACMI), holiday charter flights, ad-hoc passenger charter and cargo flights across Europe, Africa, Asia, Australia, Canada and the United States.
ABS Jets is a business jet operator based in Prague, Czech Republic, and Bratislava, Slovak Republic.
VistaJet is a global business aviation company founded in 2004 by Thomas Flohr. The firm flies between any two points, under a "pay for hours flown" fare structure.
Air Hamburg Luftverkehrsgesellschaft mbH is an open-base charter airline headquartered in Hamburg, Germany. According to its own statement, it is the "largest provider of charter business aviation in Europe".
Rhône Group is a global private equity firm with approximately $11 billion of assets under management, specializing in mergers and acquisitions, leveraged buyouts, recapitalizations, and partnerships with particular focus on European and trans-Atlantic investments. Rhône also offers financial advisory services, strategic alliances, joint partnerships, and business valuation services. Rhone Group was listed in 2013 to 2014 by Preqin as the 'Most Consistent Performing Private Equity Fund Manager' based on both its multiple and IRR of all 3 funds in the top quartile ranking.
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XO is a US-based private aviation company and subsidiary of Vista Global with its headquarters in Fort Lauderdale, Florida. XO, with a worldwide fleet access of more than 1,450 private aircraft, offers clients on-demand private jet charters with fixed-price membership programs as alternatives to jet cards and fractional ownership of aircraft. The company also offers the ability to purchase individual seats on pre-arranged, shared flights.
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Kenneth C. "Kenn" Ricci is an American aviation entrepreneur, the principal of Directional Aviation Capital, which owns or invests in various aviation enterprises including Flight Options and Flexjet, where he is chairman. He is an operating partner at Resilience Capital Partners, a private equity firm with a variety of portfolio companies, including an investment in Flight Options, and has helped found or lead other companies, including Nextant Aerospace and Constant Aviation.
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JetSmarter was a corporation and mobile application for private jet users. The company was headquartered in Fort Lauderdale, Florida, United States. The app connected users to available aircraft and routes in the United States, Europe and Middle East. The company was purchased by Vista Global in 2019 and merged into a new brand, XOJET Aviation.
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Flexjet is an American provider of fractional ownership aircraft, leasing, and jet card services. Founded in 1995 as a division of Bombardier Aerospace, it is currently owned by Directional Aviation, an aviation private investment firm.
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