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Vista Delivers Strong First Half 2021 Performance

Our Bureau - : Aug 10, 2021 - : 1:36 am

Vista, leading private aviation group, had a perfect first half of the year, with sales of the group’s subscription products hitting all-time highs.

VistaJet sold over 8,000 new annual subscription hours, an increase of 67% on 2020 figures and a 41% rise over 2019 levels. XO Deposit Members were up 82%, with three times as many sales in the period compared with 2020. The group’s On Demand services also performed strongly during the period, with a year-on-year growth of 67% across all markets, and 55% up on 2019.

Vista, the world’s largest on-demand charter provider by hours flown, saw an increase year-on-year of 67% in global flight hours across its operating companies. The trend accelerated in the second quarter of 2021 as Vista registered a surge in demand over and above pre-pandemic flying.

Regionally, the Middle East saw an increase of 153% in flight hours, with North America and Europe registering 76% and 41% respectively. With the market remaining open for domestic flying, business travel rebounding and international flying resuming in June, North America continues to account for the majority of total Group departures at 71%.

“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,” said Thomas Flohr, Vista’s Founder and Chairman. “The surge in demand demonstrates how private aviation is the critical mobility solution, as sudden local restrictions continue to cause uncertainty for commercial fliers.”

The Group has accelerated the growth of its global fleet, with already four Global 7500s now available globally for service under the VistaJet brand. In addition, XO added 15 new aircraft in the first half of 2021.

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