|
VistaJet, the first and
only global aviation company, has announced a set of results that
highlights the significant progress made in the US throughout the
third quarter ending September 30, 2017.
Driving the growth is
the company’s flagship Program Membership, registering three times
more clients year over year, resulting in a 146% increase in Program
hours. Moreover, flight hours sold to Program members grew
significantly over the period with an increase of 210% compared to
Q3 ’16. In addition to VistaJet’s marked rise in new US passengers,
45% of those who joined as Program customers have gone on to
increase the total number of hours flown.
VistaJet's Q3
announcement reinforces the global trend of individuals and
corporations moving away from aircraft ownership as they look to
shed costs and asset risks, but not the comfort, convenience and
benefits of private aviation. Following the $150m investment from
Rhône Capital - which now values VistaJet in excess of $2.5bn - the
company is well positioned to conquer even more fractional and full
aircraft owners in the US market, by offering global coverage,
consistent unparalleled quality and maximum efficiency.
Thomas Flohr,
VistaJet’s Founder and Chairman, stated, “We’re extremely pleased to
announce today's update as it is evidence of the exponential
progress VistaJet is making in the US, the core market of private
aviation. The numbers we see show two very important things about
private aviation in the US. First, there continues to be a trend
away from owning aircraft, either entirely or a fraction, given the
associated costs and assets risk. Second, demand for high quality
private aviation services continues to grow, proven by our ability
to treble the number of US Program customers. US customers, both
corporate and individual, are discovering that VistaJet is the new
generation of business aviation solution. We are leading the
industry by building services around the new shared-economy
customers, while we keep offering the highest service level, and
delivering it in the most efficient manner.”
As a result of the
company’s continued success in the region, VistaJet also announces
that it will increase its dedicated US fleet by 50%, to support its
growing clients’ demand.
To showcase
VistaJet’s fleet of luxury aircraft, bespoke services and curated
details, the company will meet prospective customers in six US
cities on board one of its Bombardier Global 5000 aircraft. The tour
will allow selected prospective clients to try the VistaJet
experience, as have 250,000 passengers already, flying to over 1,600
airports in 187 countries (or 96% of the world). Between October
16-23, a VistaJet Global 5000 will visit Los Angeles, San Francisco,
Seattle, Chicago, Boston and New York. |
