VistaJet takes delivery of eight private jets

Alud Davies

Swiss-based private jet operator VistaJet has taken delivery of eight aircraft from Bombardier.

VistaJet has taken delivery of eight private jets from Bombardier, worth a combined $320 million at current list prices.

ALSO SEE: VistaJet will take 20 new jets over 26 weeks

The deliveries cover three Globals, three Challenger 605s and also includes the first two Challenger 350s to be delivered to the operator.

Although VistaJet did not break down the Global family deliveries to individual types, it is believed that at least one aircraft is a further Global 5000 destined for the company’s US fleet.

By the end of the year, the operator will have taken delivery of a further 12 aircraft, giving the operator an in-service fleet of 45 aircraft.

As well as fuelling further growth, the new aircraft will also be used to replace older types in the VistaJet fleet, with the Challenger 350s earmarked to replace the LearJet 60s.

The Swiss-based operator also says that its had its strongest summer to date, with flights up 21 per cent for the period between January to August, with Africa seeing the highest growth percentage.

“We are having an exceptional 2014,” said Thomas Flohr, founder and chairman of VistaJet. “This profitable growth strategy continues to be funded by strong EBITDA and cash flows. As per our global expansion plan we are making excellent progress in the US and Asia-Pacific. It has been our busiest summer since we launched and I am particularly excited about the remainder of the year.”

“Our relationship with Bombardier goes from strength to strength and today is particularly special as never before has a Bombardier customer taken delivery of so many new business jets within such a short period of time. We are committed to invest in industry leading aircraft for our clients and flying the largest and youngest all-Bombardier fleet in the industry.”

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