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VistaJet flies high in Middle East

  • United Arab Emirates: Monday, November 17 - 2008 at 14:15
  • PRESS RELEASE

At MEBA 2008, VistaJet Holding S.A., a privately-owned company headquartered in Switzerland and the fastest growing business jet company outside North America, announced aggressive expansion plans into the flourishing Middle East private jet market.

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  • Thomas Flohr, VistaJet's Chairman.
    Thomas Flohr, VistaJet's Chairman.
VistaJet is deploying a full roll-out of its revolutionary Flight Solutions, including Jet Membership, Partnership, and Ownership programs. It is also appointing local sales representatives who will be based in Dubai.

The move signals VistaJet's commitment to the Middle East and enables the company to expand its revolutionary Flight Solutions further into the growing Middle Eastern market and underlines the escalating worldwide demand of business aviation solutions. VistaJet currently has a thriving jet charter business in the Middle East on an impressive all-Bombardier state of the art business jet aircraft fleet.

With its recent landmark $1.2bn order for up to 60 new Bombardier jets, the Vistajet fleet will soon number 90 medium to ultra-long range aircraft. In June, the acquisition of Skyjet International - Bombardier's charter services division - established VistaJet as one of the world's largest private jet companies.

Thomas Flohr, VistaJet's Chairman, said:
"We are launching a major initiative that will encourage, stimulate and support the private jet business in the Middle East. Our key aim is to couple pure luxury with affordability by offering superior alternative solutions to the traditional jet charter and fractional / whole ownership offerings."


Says Flohr, "Our Flight Solutions open up a new chapter in business aviation, revolutionizing the way people use business jets. Under VistaJet's whole aircraft ownership program, for example, our customers may purchase a new Challenger 605 jet and begin flying immediately. They pay one simple quarterly payment based on their hourly commitment, which, in many cases, is lower than the traditional direct operating costs of the aircraft. There are no fixed fees, no maintenance expenses, and no monthly management fees. This is an exceptional package for an aircraft of this capability and range."

VistaJet's Partnership program is a flexible solution without the capital costs of ownership, while delivering all the benefits of flying VistaJet. Again, this program which is highly suited to 100 to 400 hours travelers, comes with guaranteed availability with no fixed costs, maintenance expenses or monthly management fees.

The Membership program is a transparent and flexible block-hour membership concept offering discounted rates on cards of 25 hours or more with guaranteed aircraft availability, fixed pricing per route, zero fuel surcharge, no peak day restrictions, and a 20% discount on same-day return flights.
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Notes and media contacts

About VistaJet:

VistaJet is a privately owned company headquartered in Switzerland. As Europe's fastest growing business jet company, VistaJet offers revolutionary business aviation solutions through its one of a kind Flight Solutions, including Membership, Partnership and Ownership programs. The VistaJet fleet will soon comprise of ninety medium to ultra-long range, state of the art jets, with an average age of less than three years. VistaJet operates a diversified fleet meeting the full range of customer needs. The current fleet includes Learjet 40 XR aircraft and Learjet 60 XR aircraft, Challenger 300, Challenger 604, Challenger 605 and Challenger 850 jets, and the Global Express XRS jet.

The company is projecting a 50% increase in its revenues this year and expects its fleet to be logging around 80,000 flight hours annually by 2012. The company has also launched its business in Asia recently, by placing aircraft at the newly opened Subang Airport in Kuala Lumpur where it is establishing an operating base for the Asian market.

For more information or to book a trip, call +44 (1252) 526 630.

For more information, contact:

Beatrice Alexandra
Vistajet
Tel: +971 4 601 6358

Maya Ajami
PR Manager
Sundance Events FZ LLC
TEL: +971 4 375 7011
FAX: +971 4 429 3449

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