Vista Global Holding (Vista), the world’s leading global private aviation group, provides a market update on its 2022 performance across the region, reflecting tremendous growth following landmark acquisitions and unprecedented demand from existing and new Members.
The Group continues to see strong growth across its subscription solutions and services, with revenue up over 50% against the same period 2021.
In 2022, Vista streamlined its global subscription offerings across both the VistaJet and XO brands, introducing the VistaJet VJ25 membership and XO Membership. The evolving portfolio of membership options ensures every private aviation client can find a simple, flexible, and secure solution for their flying needs.
It was yet another year of record-breaking flying across all core markets despite a series of macroeconomic events, with the total growth in flight numbers increasing globally by 28% YOY and in Europe by 29%.
Growth in Europe accounted for 50% of the YOY increase in the number of VistaJet flights, which was further driven largely through countries such as the UK, Italy, France, Switzerland, Germany and Ireland up 57%, 54%, 30%, 24%, 35% and 71%. Farnborough became the number two location for number of flights during the year globally, followed by Le Bourget, Luton and Nice.
The investment and expansion of the Vista Members’ fleet has been critical in meeting demand. Vista added 117 net aircraft in 2022, with 85 being added through the acquisition of Air Hamburg and Jet Edge, expanding scale in the Middle East, Europe and the US. The additional aircraft comprised of scheduled deliveries which included 11 ultra-premium Global 7500 jets, now at 18. To best service clients over the next decade, the Group continues its investment in an extensive refurbishment program across the fleet including the adoption of KU or KA band Wi-Fi on board all aircraft.
VistaJet and XO Members are now benefitting from access to the Vista Members’ fleet of over 360 aircraft, half of which are based throughout the region. Clients also have access to an additional 2,100 alliance aircraft, which are instantly bookable through XO’s advanced digital app.
Thomas Flohr, Vista’s Founder and Chairman said: “I am incredibly excited for the future. We have experienced immense growth throughout this key market as more and more clients are turning to Vista as the go-to solution for asset-free offerings and recognize that Vista provides the best value and end-to-end experience. Our expanded team of over 4,000 experts are fully committed to developing the next era of innovative and advanced flying solutions across the globe. This will only strengthen Vista’s unrivaled customer offering and our position as the world’s largest on demand provider.”
As a business Vista has renewed its commitment to cleaner aviation and is championing the industry to progressively address the sustainability challenges issues it is facing. VistaJet has pledged to be carbon neutral by 2025. In 2022, it published its “Action Handbook for Change in Business Aviation” to encourage collaboration and transparency across the industry and has since progressively encouraged over 85% of its Members to opt-in to its carbon offsetting program.