VistaJet to move global headquarters
VistaJet is to to move its corporate headquarters to Malta following the milestone delivery of the company’s 50th Maltese registered aircraft.The company will also move its operations, finance and European customer services to the Mediterranean island.
Employees and clients from all over the world visit the centre each year, with training and development exercises held at its offices located at Malta International Airport.
VistaJet has registered $1.8 billion (€1.6 billion) worth of new business jet aircraft on the Maltese registry and is the biggest aircraft operator in the country. As part of its ongoing partnership with the Maltese Government, VistaJet has also committed to celebrating and promoting Malta as the place to do business globally.
Since relocating operations to Malta in 2013, VistaJet has consistently recorded double digit growth in passengers and flight traffic. Its fleet has grown from 32 to 60 Bombardier Challenger and Global aircraft.
In recent years, the company has successfully entered the US and China markets, and last year increased its global flight traffic by 21%, making 2015 a record year for VistaJet.
“Today is an important strategic milestone for VistaJet. Centralising our European business functions and moving our global group headquarters to Malta will enable the company to thrive and deliver even more efficiency for our global customer base.”
Thomas Flohr, founder and owner of VistaJet said: “Today is an important strategic milestone for VistaJet. Centralising our European business functions and moving our global group headquarters to Malta will enable the company to thrive and deliver even more efficiency for our global customer base.
“Malta is a fantastic place to do business. Its aviation industry is flourishing, as part of the EU it has access to the European common market, and it has a government that not only supports business, but works with and encourages companies like ours to grow and develop.”
Dr Edward Zammit Lewis, minister of tourism for Malta, said: “Today’s announcement once again highlights the government’s commitment to creating a business friendly economy and to building a stable, open environment in which international companies like VistaJet can invest and grow with confidence.”