Vista Global Holding has provided an update on its US operations following a successful third quarter across its market leading VistaJet and XO brands.
The US remains the group's strongest and fastest-growing region, with sales up 185 per cent in the first nine months of 2022 over the same period in 2021. In the third quarter alone, the region contributed 64 per cent of the group's total hours sold, with 70 per cent of US hours sold in the quarter attributable to new VistaJet Program members, accelerating new client memberships to the highest number in its history. This follows the investment in Ohio-based Jet Edge in H1 2022, providing Vista with additional client coverage, infrastructure and scale to support its growing client base and demand across North America.
Members continue to put their trust in Vista's subscription and on demand offerings, guaranteeing access to flexible and secure flying solutions. The recent announcement of its VistaJet VJ25 membership and streamlined XO membership demonstrates the simplification and client centric focus of the group's membership offerings. The new XO Shared membership joins the portfolio as the most accessible option available to fly private by the seat.
Founder and chairman Thomas Flohr says: “The US is an incredibly dynamic market, and we are seeing huge growth in the region as members and new clients turn to Vista's trusted brands and extensive global fleet for a superior end-to-end flying experience. To maintain our strong momentum, we will continue to invest in our expert team, provide greater accessibility and availability to all of our aircraft, and accelerate innovations across our flying solutions to ensure our members are getting the very best value every time they choose to fly with Vista, anytime, anywhere around the globe. Vista clients love buying our simple subscription and not having to invest into CapEx for fractions or full aircraft.”
The positive performance across the VistaJet and XO brands reflects Vista's full commitment and investment across the globe and in particular North America. Members are benefiting from access to the members' fleet of over 360 aircraft, half of which are based throughout the region, to meet demand and ensure global reach to anywhere in the world. This fleet includes the Global 7500, Global 5000, G450, Challenger 605, Challenger 350, Citation X/XLS jets and more. Clients also have access to an additional 2,100 alliance aircraft, which are instantly bookable through XO's advanced digital app.
The group's ability to meet the highest global standards in service is made possible by its expanding team of over 4,000 dedicated and passionate experts. The continued investment in talent and extensive training programmes will ensure long-term sustainable success across every corner of the globe.
As part of the company's growth and innovation initiatives, it maintains its commitment to cleaner aviation, standing by a pledge to be carbon neutral by 2025. Earlier this year the company published its 'Action Handbook for Change in Business Aviation' to encourage collaboration and transparency across the industry, and has since progressively encouraged over 85 per cent of its members to opt-in to its carbon offsetting programme, in addition to taking a multi-step approach that includes investment in SAF and technological advancements to reduce emissions.