VistaJet is the first and only global aviation company. On its fleet of over 70 silver and red business jets, VistaJet has flown corporations, governments and private clients to 187 countries, covering 96% of the world.

Founded in 2004 by Thomas Flohr, the company pioneered an innovative business model where customers have access to an entire fleet whilst paying only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet’s signature Program membership offers customers a bespoke subscription of flight hours on its fleet of mid and long-range jets, to fly them anytime, anywhere. Customers can also request Direct one-off flights through the industry’s first end-to-end booking app or a 24/7 global team.

Founded in 2006, XOJET is the leading on demand private aviation company in North America, blending the expertise of a fleet owner-operator with the client-centric approach of a leading brokerage. Built upon the foundation of trusted advice and personalized service, the company now serves over 5,000 businesses and individual clients. XOJET owns and operates the largest on demand fleet of Bombardier Challenger 300 and Cessna Citation X super-mid size private jets. The company also offers a suite of industry-leading membership programs, providing XOJET clients with preferential fleet access and pricing, a broad range of value-added travel services, and access to a portfolio of world-class and distinguished brands.

Completion of the acquisition as announced on September 19, 2018 is subject to customary closing conditions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.

The transaction is currently expected to close in the fourth quarter of 2018. XOJET’s regulated air carrier will be operated in a joint venture under U.S. control and leadership, in accordance with U.S. Department of Transportation criteria.

Vista Lease will start operations in 2019. Thomas Flohr and his team from a former aircraft leasing and trading business have developed substantial experience and reputation in the space, having ordered, financed and delivered a book of over $1.5bn of fixed assets between 2012 through 2017. Vista Lease will hold several options for Global 7500 aircraft, as well as having the capitalization to act as principal buyer in the pre-owned segment and then offer its inventory for lease and sale directly to its customers, who seek a dedicated aircraft solution. The company will disrupt an unnecessary and dated process which involves customers being forced through a broker to broker chain and will look after an addressable market of over 7,000 super midsized and ultralong range jet aircraft.

TechX Aviation Analytics’ mission is to shorten the distance between customers and fleet operators: improving quality of service and reducing prices in the business aviation industry. TechX also aims to redefine, optimize and integrate the service chain. By means of technology, TechX’s products aim to eliminate process deficiencies, automate interactions, improve security and integrate all stakeholders involved in delivering a flight. TechX’s products use cutting-edge technologies to deliver an efficient, personalised and secure experience to business aviation customers.