Article here
TL;DR below:
Vista Global Holding, a leading global private aviation group, announced strong financial performance for the year 2022. The company saw a growth of over 50% in revenue compared to the previous year, driven by a 74% increase in gross hours sold through its VistaJet program membership.
This equates to over three times pre-pandemic levels and gives insight into forward demand due to three-year client signings. The company attributed this success to strong growth across all of its core regions and offerings, as well as investments in global infrastructure and technology through acquisitions such as Air Hamburg and Jet Edge.
Additionally, the company has invested in sustainable aviation technologies through its acquisition of Camber Technologies and investment in Dufour Aerospace.
The company’s fleet also expanded by 117 aircraft during the year, bringing its total fleet to over 360 aircraft globally.
The company’s CEO, Thomas Flohr, expressed excitement for the future and the company’s commitment to developing innovative and advanced flying solutions for its clients.
