VistaJet

LONDON, UNITED KINGDOM--(Marketwired - May 05, 2016) -

• Company has taken delivery of 100 aircraft since it was founded in 2004
• VistaJet's regular service area now covers 90% of the globe with one way pricing
• Company has sold almost 40 used aircraft in its history, ensuring its fleet of over 60 aircraft is one of the largest and youngest in the industry
• 9 out of 10 VistaJet customers renew their Flight Solutions Program contract
• Since launch, VistaJet aircraft have flown to almost 1500 destinations, over 190 countries, travelling 140,555,285km

VistaJet, the global leader in business aviation, today reached an important milestone in its history when it welcomed its 100^th ever aircraft to its fleet. The company has invested billions in jets in the past decade, growing its fleet from just 5 jets in 2006 to over 60 today, with a market value of more than $1.8bn.

The company has come a long way in the past decade. In 2006, VistaJet travelled to 233 destinations, carrying less than 5,000 passengers. VistaJet has now landed at 1,489 airports worldwide, meeting the needs of over 37,000 passengers in 2015 alone, and has flown over 210,000 passengers in its history. It has also invested in its technology and operations. The company's first office was in Salzburg, Austria, and employed just 10 people. It now has a global office network across 4 continents, and employs over 750 people. Despite operating in a competitive market, in just ten years VistaJet has grown to become the global leader in business aviation.

On top of that, to help make the business as efficient as possible, VistaJet has also invested in its operations in Malta, and has moved its corporate headquarters to the country. Along with employing over 250 people on the island, VistaJet also has 52 aircraft on the Maltese registry.

The business aviation market more generally has also changed dramatically over the past 10 years. Where Europe was VistaJet's most popular destination in 2006, it has now been overtaken by the United States and Asia. Since introducing a B-registered aircraft to fly domestically in China last year, VistaJet has seen a 30% growth in Asia flight traffic. In 2015, VistaJet saw a 139% growth in US flight traffic. The demand for private aircraft has not only grown in volume, it has also grown geographically. In 2006, VistaJet typically served 30% of the globe. It now regularly serves over 90% of countries worldwide, with a VistaJet aircraft taking off every 36 minutes.

VistaJet's sustained period of growth demonstrates the compelling nature of its offer, and the continued popularity of its unique subscription model. Nine out of ten VistaJet customers currently renew or add extra flying hours to their contracts upon completion. With its asset light model, VistaJet pioneered the concept of the shared economy, now a fundamental way in which the world does business. Any corporation or individual flying 500 hours or less a year could benefit from choosing VistaJet. For clients flying more than 500 hours a year, VistaJet offers multiple simultaneous aircraft usage anywhere in the world, an important option for heavy users of business jets.

This increased reach and expertise comes at a time when individuals and businesses are moving away from private ownership due to the need for complete flexibility, and the risk of relying on a limited number of aircraft. The number of jets for sale has risen by as much as 217% year-on-year for some models.^{1 2}

To keep its fleet as modern and up-to-date as possible, VistaJet regularly replaces older aircraft with the latest models. It has replaced almost 40 aircraft in its history, ensuring customers have the very best experience when they fly with the company. This track record of consistently investing in its offer means that VistaJet has one of the largest and youngest wholly owned fleets in the market. It has over 60 operational aircraft, all of which are on average just two years old. The size of the fleet also means that VistaJet's regular service area now covers 90% of the globe.

To celebrate the milestone, VistaJet has produced a list of '100 things you never knew' about the company, which will be published on its website and social media channels. This includes the fact that VistaJet aircraft fly the equivalent of 3 return trips to the moon every single month, and flew around the world 679 times in 2015.

Chairman and Founder Thomas Flohr said:

"This is a huge milestone for VistaJet. We are very proud to be welcoming the 100 ^th aircraft to our fleet today.

Thanks to the investment we have made since 2004, we have over 60 of the latest, most efficient aircraft in the market, and a regular service area of more than 90% of the globe.

In the current market where private ownership is becoming less and less of a viable option, it makes sense for customers to leave the asset risk and up-front capital costs to VistaJet. Our clients simply pay for the time they spend in the air. No other operator can offer the same, guaranteed global reach at fixed rates, and as little as 24 hours' notice.

But we are not resting on our laurels. We have clear execution plans to increase our customer base and the number of destinations we serve still further, and we will continue to add to our fleet in the months and years ahead."

¹  Business Jet Traveler, Preowned: Fractional Fallout , 15 March 2016

²  AIN online, Analyst raises Alarm over Rising Used G650 Inventory, 24 March 2016

About VistaJet  
Founded in 2004 by Thomas Flohr, VistaJet has established itself as the global leader in premium long-range private jet travel by consistently providing excellent service and unrivalled quality to its fast growing clientele, connecting them to every corner of the world with point-to-point coverage. VistaJet operates a young fleet -- total fleet average age is under two years -- of over 60 Global^* and Challenger^* business aircraft and offers the industry's largest service area, covering all major markets. The Company's unique and successful business model provides all the benefits of owning a personal jet without the responsibilities or asset risk of personal ownership. News and information are available at www.vistajet.com .

100 things you never knew about VistaJet
1	To date, VistaJet has flown to over 1480 airports worldwide
2	VistaJet's current balance sheet of aircraft in operation currently sits at over $1.8bn
3	VistaJet flew around the world 679 times in 2015
4	That's over 13 times around the world each week
5	The highest airport VistaJet has landed at is Inca Manco Capac International airport in Peru, at 3,826m
6	In total, VistaJet aircraft fly the equivalent of 3 return trips to the moon every single month
7	Since introducing its domestic aircraft to China, VistaJet has seen a 30% rise in Asia flight traffic
8	VistaJet has flown to over 180 countries worldwide
9	That's 90% of the globe
10	VistaJet employs over 750 aviation professionals around the world
11	Since 2012, the VistaJet fleet has more than doubled in size, to over 60 aircraft
12	In 2012, VistaJet completed two Global Roadshows, visiting 27 cities in 24 days on a Global 6000 aircraft
13	VistaJet flight traffic in the Middle East grew 64% in flights and 75% in passengers in 2015, with Dubai and Riyadh as some of the top passenger destinations
14	VistaJet received the EBAA Platinum Award for 100,000 hours, or 50 years, of safe flying in 2014. There is no higher award, and VistaJet has now doubled that number
15	In 2015, VistaJet flew almost 1000 children under the age of 10
16	All VistaJet cabin crew receive WSET Level 2 training in wines and spirits
17	VistaJet cabin crew are exclusively trained by the world-renowned British Butler Institute in London
18	In 2015, a VistaJet Challenger 350 set a world speed record in its class, flying 4,463km in 5 hours 5 minutes from Napa to the Cayman Islands
19	VistaJet has flown to over 200 airports in the US
20	VistaJet's farthest flight to date has been from Hong Kong to Palm Springs, at 11,819kms
21	VistaJet's longest flight to date was from Singapore to Nice, at 13 hours 43 minutes
22	VistaJet chose to move to an all mid to long range fleet in 2014, with the last Learjet 60 leaving the fleet in February 2015
23	VistaJet is made up of over 40 teams worldwide, with its centralised 24/7 Operations and Customer Services departments at the core of the operation in Malta
24	It takes the combined teamwork of up to twenty teams to put a single VistaJet flight into the air
25	Our aircraft fragrance was designed by luxury perfumier Le Labo and was selected to compliment the VistaJet cabin interior
26	VistaJet's top 20 cities visited in 2015 included Nice, London, Geneva, New York, Hong Kong, Singapore, Riyadh, Moscow, Los Angeles and Lagos
27	VistaJet is proud to have its headquarters in Malta, with a growing team of over 250 aviation professionals located on the island
28	Over 50 VistaJet aircraft are registered to Malta, making VistaJet the largest operator on the island
29	The furthest north a VistaJet aircraft has flown to is Svalbard Airport in Norway
30	The furthest south a VistaJet aircraft has flown to is Ushuaia-Malvinas Argentinas airport in Argentina
31	VistaJet has its own branded caviar on board
32	VistaJet cabin crew go through a 5 step procedure to ensure that hot towels are perfect when each passenger boards
33	VistaJet has a specially curated library of dozens of books selected by London-based bookstore, Heywood Hill, on its Global aircraft
34	VistaJet announced double digit flight traffic growth in 2015
35	VistaJet's fastest growing market is the US, with 139% flight traffic growth in 2015
36	VistaJet Program customers can book and manage flights from their smartphone using the VistaJet App
37	The VistaJet Ultimate Sky Sleep includes a special Skysleeper mattress, feather duvets, Egyptian cotton linens and cashmere blankets
38	Customers receive special pajamas, cashmere eyemasks and relaxing herbal teas as part of their sleep preparation
39	VistaJet's amenity kits are filled with raw organic products from California's The Body Deli to nourish and rejuvenate inflight
40	Customers can compare the cost of aircraft ownership vs VistaJet Program membership via the VistaJet Cost Calculator
41	VistaJet saw a 54% increase in passengers in Asia in 2015
42	VistaJet Founder and Chairman Thomas Flohr flies over 700 hours a year on VistaJet aircraft
43	VistaJet operates a Fleet Renewal Program to guarantee that all aircraft are under warranty
44	VistaJet employs over 260 exceptional pilots to fly over 60 aircraft
45	VistaJet Founder & Chairman Thomas Flohr won the Aviation Entrepreneur of the Year award at this year's Living Legends of Aviation ceremony
46	In 2008, VistaJet acquired Bombardier SkyJet International, broadening its reach and developing an early presence in the Asian and the Middle Eastern markets
47	In 2015, VistaJet made history by taking delivery of 10 new aircraft in 31 days
48	In 2015, VistaJet flew to 878 different airports across 6 continents
49	VistaJet can fly to almost anywhere in the world, with only 1 stop required
50	In 2013, VistaJet celebrated Easter by offering customers limited edition fine egg pendants with master jeweller Fabergé
51	VistaJet developed a special juice with London-based cold press Juice Tonic for its customers flying out of London
52	VistaJet has partnered with leading Japanese restaurant Nobu to create an exclusive in-flight menu for its customers in cities round the world
53	Formally Air Executive, the name VistaJet was chosen as symbolic of changing the skies of business aviation
54	VistaJet grew its revenue by almost 20% in 2009, despite being in the middle of a world economic crisis
55	VistaJet's service area means that customers can access one-way pricing in the US, India, Africa, Asia Pacific, the Middle East and Europe
56	VistaJet customers can access WiFi on board the majority of VistaJet aircraft
57	Generally, VistaJet crew are used to knowing where they will be flying next, only 24 hours in advance
58	All VistaJet crew wear custom-designed Moncler spring and winter jackets
59	VistaJet aims to be fully established in the Indian business aviation market by the end of 2017
60	Every VistaJet flight has a dedicated cabin host trained in exceptional service styles
61	In 2014 VistaJet commissioned renowned artist Jean-Philippe Delhomme to illustrate its story, to celebrate its 10th Anniversary.
62	VistaJet partnered with esteemed luxury publisher Assouline to create 'The Art of Flying' in 2015
63	VistaJet aircraft do not have a home base
64	The aircraft's signature silver with a red stripe came about by accident - the manufacturer called Thomas whilst he was in a meeting and asked what colour he would like his second aircraft to be. He just said 'oh just have it the same as the other one', and the VistaJet signature aircraft was born.
65	VistaJet also owns a metallic silver and red striped Agusta 109 helicopter, based in the Swiss Alps
66	As long as the runway is long enough and the destination is deemed safe, VistaJet aircraft can fly anywhere in the world
67	A VistaJet aircraft takes off every 36 minutes
68	VistaJet's fastest growing destinations in Africa are South Africa, Ghana and Morocco
69	Founder and Chairman Thomas Flohr's first aircraft was a Learjet 60
70	VistaJet pilots are trained well above and beyond industry standards, with recurrent training every 6 months
71	VistaJet's Instagram and Twitter handles are @vistajet
72	VistaJet served over 26,000 beautifully crafted lattes and espressos in 2015 in the finest Christofle china
73	VistaJet serves its own branded M&Ms on-board every flight
74	VistaJet aircraft have an average age of under 2 years old
75	VistaJet flies hundreds of customer's beloved pets, from dogs to cats to iguanas
76	The VistaJet Customer Service team has a 100 page training manual to offer the best service to customers worldwide
77	VistaJet aircraft are maintained by over 40 approved suppliers worldwide, ensuring the highest safety standards
78	VistaJet developed its own industry-leading operations platform, GlobalView, to cater for the complex needs of its global fleet
79	VistaJet was the first business aviation provider to use Facebook At Work, Facebook's game-changing new internal communications platform
80	The signature red roses on VistaJet aircraft are actually white roses, dyed to ensure perfect colouring
81	The VistaJet team is represented by over 50 nationalities
82	In August 2015, VistaJet logged 72 flights in a single day to destinations worldwide
83	To date, VistaJet has flown over 210,000 passengers on its signature silver and red striped aircraft
84	It is not uncommon for VistaJet crew to circle the world in 72 hours
85	VistaJet partners with global healthcare provider MedAire to ensure that passengers and crew have 24/7 access to worldclass medical care
86	VistaJet aircraft usually fly between 40,000 – 49,000ft, ensuring passengers a smoother, quieter flight
87	VistaJet cabins are pressurised to the equivalent of flying at 4,500ft compared to 7,500ft on commercial jets, helping passengers feel more refreshed after flying.
88	All VistaJet aircraft are configured so that passengers can enjoy the flight in complete privacy if they wish, with separate quarters for the cabin crew
89	The average age of VistaJet employees is 36 years old
90	All VistaJet aircraft are maintained to the highest standards as set by the European Aviation Safety Agency (EASA)
91	VistaJet has introduced electronic tech logs for all pilots in a concerted effort to go paperless in the cockpit
92	In February 2016, a VistaJet aircraft enabled one customer to attend meetings in 4 different cities in 24 hours
93	Over half of VistaJet employees speak two or more languages
94	VistaJet to date has phased out 39 of its used aircraft to keep its fleet young and under warranty
95	As of 2015, nine out of ten VistaJet customers currently renew their contracts on completion.
96	VistaJet offers a specially curated list of fine wines and champagne handpicked by the chairman, including vintage Dom Perignon champagne
97	Each delicious meal is served on Christofle china and glassware
98	In 2015, VistaJet upgraded its entire fleet of Challenger 605 aircraft to keep to its promise of offering young aircraft
99	VistaJet partnered with UK artist Ian Davenport and Fabergé to paint a custom Fabergé egg on the tail of its Global 6000 aircraft
100	In 2015, VistaJet invested in over $700m of brand new aircraft

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