

Vista Global Holding (Vista), the world’s largest On Demand charter provider, continued its run of impressive growth in the first half of 2022.
During the period, Vista reported double-digit growth despite the challenging macro-economic backdrop, driven primarily by a 43% year-on-year growth across its combined subscription Member base. Sales across VistaJet’s subscription Program reached all-time highs — a 25% increase in VistaJet Members has driven a 76% growth in gross Program hours sold during H1 2022 year-on-year and 27% higher than pre-pandemic full year 2019.
The number of XO’s Deposit Members also grew, increasing 33% against the same time last year. The recently acquired Jet Edge further expands the Group’s Member base with the addition of a further 400 unique Deposit Members through the brand’s Reserve program.
Regionally, North America accounted for around half of VistaJet’s Program revenue, with sales more than doubling in the region — driven by both existing clients adding hours and new client sign-ups. Despite the ongoing geopolitical uncertainty and backdrop, Europe was the fastest growing region in terms of flight activity and revenue, both of which more than doubled year-on-year.
VistaJet’s Program sales followed suit with hours sold up 65% both quarter-on-quarter and year-on-year. There are also strong signs of activity picking up in Asia with a 77% increase in hours sold compared with the same period last year, while growth in the Middle East was driven by existing clients purchasing more hours, with total hours sold up by 60% year-on-year.
The strong performance during the first six months of 2022 is supported by a significantly larger fleet, which has expanded from around 200 aircraft at the end of 2021 to more than 350 by mid-2022 through acquisitions and deliveries of new aircraft.
Market Intelligence
YE 2022
Civil Helicopters Helicopter Spotlight: Airbus H175 See all articles2022 Q4
Business Aviation New, Big Falcons Suit Asia-Pacific Business Aviation Supporting Modern Time Machines See all articlesYE 2022
Business Aviation New, Big Falcons Suit Asia-Pacific Business Aviation Sino Jet Tops Fleet Size Rankings in Asia Pacific For The Fourth Year See all articlesYE 2022
Business Aviation Luxaviation CEO Sees Deficiencies in Seemingly Buoyant Market Business Aviation Supporting Modern Time Machines See all articlesYE 2022
Business Aviation DC Aviation Al-Futtaim Celebrates Ten Years in the Middle East See all articles2022
Business Aviation HKBAC: Marching towards its 25th Year Business Aviation Sino Jet Attends COP27 and Hopes to Lead the Way Towards Sustainable Aviation Practices See all articlesYE 2021
Business Aviation Market Trends – Business Jet Fleet Report YE 2021 Business Aviation 10 Year Forecast See all articlesYE 2021
Civil Helicopters Leasing Market – Civil Helicopter Fleet Report YE 2021 Civil Helicopters EMS Market – Civil Helicopter Fleet Report YE 2021 See all articles© Global Sky Media – 2023 | All Rights Reserved
Sorry for the intrusion. We really hope you’ve found our content interesting and valuable.
Did you know that you can sign up for an account for free? If you do this then you can choose the topics and companies that are most relevant to you so that we can deliver you a personalized website experience.
Please create an account to download our reports and enjoy additional website features as well
Did you know that you can sign up for an account for free? If you do this then you can choose the topics and companies that are most relevant to you so that we can deliver you a personalized website experience.
ALREADY A MEMBER? LOGIN HERE