VistaJet has received investment from Rhône Capital amounting to US$150 million. Rhône will now have a $200 million stake in VistaJet in a deal that values VistaJet's equity in excess of $2.5 billion.

Founder and chairman Thomas Flohr states: “With the investment announced today, the equity valuation in excess of $2.5 billion and our fully scalable technology-driven business model, we are ideally placed to take advantage of any opportunity to shape the market as it further develops in the years to come.”

In the first half of 2017, VistaJet saw a 51 per cent growth in the number of subscription programme hours sold year-on-year, and programme membership revenue reached a record high of 63 per cent of total revenue, up from 55 per cent in the previous quarter. It has now flown more than 250,000 passengers.