VistaJet has increased its market share over the last 12 months and its membership has risen by 32 per cent year-on-year. Renewal hours have grown by 33 per cent and it has had a strong showing in Europe, buoyed by partnerships with arts and sports organisations such as Christie's and British Polo Day.

In the first half of 2018 the company saw growth in flight revenue, flight hours and number of flights of 27 per cent and flew more than 30,000 passengers. Despite VistaJet's success in Europe, North America accounted for a quarter of total hours flown.

"2017 was our strongest ever year and we started 2018 with impressive acceleration," states founder and chairman Thomas Flohr. "We continue to see sustainable growth across our business and retain the ability to adapt our offering to meet demand in every region around the globe. Our unique fleet and technology platform ideally places us in a position to lead the market and seize new opportunities. We are committed to becoming the number one player in every market in which we operate, and we are on course to progress quickly towards our goal over the remainder of the year."