Vista posts record breaking start to 2021
Vista has begun 2021 with a record start, with subscription product sales at all-time highs during the first half of the year. VistaJet sold over 8,000 new annual subscription hours, an increase of 67% on 2020 figures and a 41% rise over 2019 levels. Whilst XO Deposit Members were up 82%, with three times as many sales in the period compared with 2020.
“It has been an exceptional start to 2021 for Vista and we are making groundbreaking progress in all corners of the world in enhancing our position as the global pioneer within the business aviation industry,” said Thomas Flohr, Vista, founder and chairman.
“Vista has seen a record first half of the year across all metrics and is seeing huge demand for our subscription and on demand based offerings. The surge in demand demonstrates how private aviation is the critical mobility solution, as sudden local restrictions continue to cause uncertainty for commercial fliers.”
Vista’s on demand services saw year-on-year (YoY) growth of 67% across all markets, also notably 55% up on 2019. Also, the group has seen an increase YoY of 67% in global flight hours across its operating companies.
Regionally, the Middle East saw an increase of 153% in flight hours, with North America and Europe registering 76% and 41% respectively. North America continues to make up the majority of total departures at 71%.
Elsewhere Vista has continued its expansion in North America with the takeover of Red Wing Aviation, Apollo Jets and Talon Air.
Flohr added: “The flexibility of the group’s fleet and its global footprint has allowed Vista to take full advantage of the strong resurgence in global demand from new and existing members worldwide. Our trusted brands, coupled with the acceleration of our proprietary technology provides us with a significant advantage in the industry, creating superior client value and elevated end-to-end experience.”