Vista Global Holding reported a 50 percent year-over-year revenue increase in 2022 driven by a 74 percent rise in VistaJet’s program membership gross hours sold in the same period, the private aviation provider announced today. The increase in membership gross hours sold is more than three times pre-pandemic levels and gives greater visibility on forward demand from three-year client signings, Vista added.
“It has been an incredible 2022 for Vista with strong growth across all of our core regions and offerings during the year,” said Vista Global founder and chairman Thomas Flohr. “We have hugely invested in our global infrastructure.”
That investment in infrastructure includes the acquisitions of Air Hamburg and Jet Edge during 2022, as well as Camber Technologies, which augments Vista’s technology capabilities to further automated fleet scheduling, booking, and sourcing.
During 2022 Vista added a net 117 aircraft, including additional Bombardier Global 7500 ultra-long-range business jets for a total of 18. The Vista member fleet now numbers more than 360 aircraft.
Flohr added that entering 2023, Vista has invested in Dufour Aerospace, which is developing tilt-wing VTOL and eVTOL aircraft. The investment “reiterates our commitment to ensuring a greener future for our industry and clients,” he said.
Source: ainonline.com
