Thread: Xojet
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Old 02-02-2019, 07:35 AM
  #1484  
chase
XOJET Citation X
 
Joined APC: Mar 2005
Position: DO, Baker Aviation, Citation X
Posts: 316
Default Latest Newswire Reports on XOJETS

I found this interesting on VistaJet and it's 2018 performance.

I know this is been discussed by some, the purchase of XOJET by Vista Global Holdings (which owns VistaJet also) Probably too early to say what this all means but clearly some changes in the next 12-18 months will be seen...any predictions from current folks? Thanks in advance. Swimming in the pool waiting for the email for possible dates to go to SMF. Looking forward to it greatly.

https://blueskynews.aero/issue-496/V...expansion.html

North America remained a key growth driver for VistaJet and accounted for the largest increase in flights in 2018, with a rise of 46%. To cater for the growing demand from customers in the region, 21% of VistaJet’s global fleet at any given time is in the market, with the Global 5000 fleet flying more than the Challenger aircraft during the year.

https://www.prnewswire.com/news-rele...300786635.html

- XOJET strengthened its position in North America with 8% growth in total revenues, 17% increase in brokerage revenues and access to 1,500 approved partner aircraft in addition to XOJET Aviation's fleet of 43 super mid-sized aircraft.

- With the continued success of XOJET Access Solutions®, the XOJET membership base surpassed 1,000 members in 2018, driven by new service offerings and continued growth of the company's lifestyle and brand partnerships.

- In Q4 of 2018, XOJET was acquired by Vista Global Holding ("Vista Global") to accelerate XOJET's growth trajectory with plans to expand the XOJET Aviation fleet and to extend the global reach of the XOJET brand.
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