Today Thomas Flohr launches Vista Global Holding (“Vista”), a revolutionary aviation group headquartered at the DIFC which will spearhead the consolidation of the fragmented and expanding business aviation market. Vista is the world’s most comprehensive business aviation group and is built on four pillars with complementary services for consumers and trade. It is the first group that has built the scale and the know-how to offer the entire set of private flying solutions for its clients, setting a new global benchmark for the industry.
Vista aircraft will provide every customer with asset-lite solutions to fly point to point anytime, anywhere at a moment’s notice – either with guaranteed aircraft availability or On Demand. In addition, Vista will offer the very first worldwide leasing and financing service for customer looking to purchase a dedicated aircraft. Complementing its consumer and trade offer, Vista will also support aviation companies looking to improve services to their clients through the most advanced technology, providing and end to end platform in a very fragmented global operator marketplace.
The Group is headquartered at the DIFC, the leading financial center that serves global clients from all destinations as well as its exceptionally strong connection to business aviation travelers in the whole world.
Vista has been my vision ever since I started VistaJet in 2004. I wanted to create something truly new, something that would industrialize and consolidate the fragmented business aviation market across the entire range of flight service offerings. It is a historic moment for aviation and is the first of its kind. Vista is unrivalled in its service to offer all clients the full range of business aviation services on a global scale – flights, technology, finance.”
Thomas Flohr, Founder and Chairman, Vista
The launch of Vista is backed by longstanding supporters of Thomas Flohr’s enterprises, the global private equity firm Rhône Group. The financial group is investing an additional $200 million, strengthening Vista’s balance sheet as it looks to take advantage of future acquisition opportunities.
Our investment in Vista builds on the relationship with Thomas Flohr and the support for VistaJet we announced last year. In Vista we see the organization that will transform the nature of the business aviation sector and the one that is best-placed to take advantage of the changes of the industry. Vista’s business model and strategy give it a superior position in the market place. We could not be more pleased to have invested in such a dynamic industry pioneer.
Steven Langman, Chairman and Co-Founder, Rhône Group
Vista’s premier flight service offer is VistaJet, the market-leading aviation operator founded in 2004. The company pioneered an innovative business model where customers have access to an entire global fleet whilst paying only for the hours they fly, free of the responsibilities and asset risk linked to aircraft ownership. VistaJet provides members the ultimate service on its fleet of over 70 branded silver with red stripe jets and with
guaranteed availability to service over 96% of the world.
Thomas Flohr and his team from a former aircraft leasing and trading business have developed substantial experience and reputation in the space, with the prior company having ordered, financed and delivered a book of over $1.5bn of fixed assets between 2012 through 2017.
Vista plans to expand its fleet within the next 3 years, further strengthening its current global coverage and infrastructure to serve every customer’s needs around the globe.