Vista Global Holding (Vista), the world’s leading private aviation group, releases market information. It also outlines its outstanding performance for 2022, reflecting positive trends in its dynamic global markets and unprecedented levels of demand from existing and new Members.
An exceptional year for VISTA
2022 has been another bumper year for Vista. The Group continues to record strong growth in its subscription solutions and services, with revenue up around 50% compared to the same period of 2021. This is explained by a 74% increase in the gross hours sold under VistaJet’s Program subscription in 2022, more than three times pre-pandemic levels, which provides great visibility into future demand through the signing of three-year contracts with customers.
Strong increases in the United States but also in Europe
Regionally, the United States recorded a 41% increase in the number of flights in 2022, while Asia, Europe and the Middle East saw increases of 69%, 29% and 22% respectively. %. New York became the first city for the number of flights during the year, followed by London and Paris.
VISTA has acquired major competitors
“Our results are supported by a significant development of our fleet in 2022 to support our commitment to provide the best value offer to our customers. Historical acquisitions ofAir Hamburg – Europe’s largest private jet operator by number of flights – and Jet Edge – the leading US provider of charter and management services for large and medium cabin aircraft – have significantly increased our scale in the US , in Europe and the Middle East, thus consolidating our position as world leader. We also expanded our fleet of industry-leading Global 7500 jets to 18 aircraft. As for the acquisition of Camber Technologies, it strengthens the Group’s existing technological capabilities to further automate fleet scheduling, booking and provisioning”.
An impressive fleet
The expansion of Vista’s global fleet has been essential to meet increased demand. During 2022, Vista added 117 net aircraft, including many Global 7500 jets, now numbering 18 – the world’s largest fleet of this revolutionary aircraft – bringing the Vista Member fleet to more than 360 planes in the world. To best serve its customers over the next decade, the Group is continuing to invest in a vast fleet renovation program, including the adoption of KU or KA band Wi-Fi on board all aircraft.
Measures for more sustainable aviation
As a company, Vista has renewed its commitment to cleaner aviation and encourages the industry to progressively address the sustainability challenges it faces. It continues to advocate for the widespread adoption of Sustainable Aviation Fuel (SAF) in the industry, as evidenced by its agreement with AEG Fuels for the purchase of SAF produced by OMV at Vienna International Airport.
