Private aviation group Vista Global Holding (Vista), which includes VistaJet and XO, has reported a record first half of 2021 as international demand for private jet travel surges.
VistaJet sold more than 8,000 new annual subscription hours, an increase of 67 per cent on 2020 figures and a 41 per cent rise over 2019 levels and XO Deposit Members were up 82 per cent, with three times as many sales in the period compared with 2020.
The Group’s On Demand services also performed strongly during the period, with a year-on-year growth of 67 per cent across all markets, and 55 per cent up on 2019.
Vista is the world’s largest On Demand charter provider by hours flown, and the group has seen an
increase year-on-year of 67 per cent in global flight hours across its operating companies.
This trend accelerated in the second quarter of 2021 as Vista registered a surge in demand over and above pre-pandemic flying.
Regionally, the Middle East saw an increase of 153 per cent in flight hours, with North America and Europe registering 76 per cent and 41 per cent respectively. As the market remained open for domestic flying, business travel rebounding and international flying resuming in June, North America continues to account for the majority of total group departures at 71 per cent.
The group has also accelerated the growth of its global fleet, with four Global 7500s now available globally for service under the VistaJet brand.
“This is a game-changing moment as Vista offers the largest, most technologically advanced and longest-range business jet ever for its Members. In addition, XO added 15 new aircraft in the first half of 2021,” said a company statement.
“Through 2021, the group is upgrading its interiors across both VistaJet and XO aircraft to further enhance client experience on board. These developments include the installation of greater in-flight connectivity and technology. Vista now offers its fast-growing membership base the opportunity to access its worldwide flying solutions first-hand through its owned global fleet of over 180 aircraft plus a network of over 2,100 alliance jets.”
