Subscribe Free
in Business Aviation

VistaJet to move HQ to Dubai with new technology division

Posted 18 September 2018 · Add Comment

Dubai is to be the headquarters of a new business aircraft leasing and flight-booking technology company headed by the founder of VistaJet, Thomas Flohr.

The Swiss entrepreneur (pictured right) whose company operates a fleet of 70 Bombardier Globals and Challengers will also headquarter the holding company to include the original charter company from the emirate.
The Vista Global Holding company has been boosted by a $200 million investment by private equity firm Rhône Group and will now see its plans to launch Vista Lease, and TechX, as a technology unit to market an app-based booking platform to third-party operators designed to fill empty legs on positioning flights.
Flohr’s aim is to "consolidate the fragmented but expanding business aviation market” and will begin operations next year.
According to the Flightglobal business media, the Vista Lease will hold options for several Global 7500s as well as acting as "principal buyer in the pre-owned segment", leasing equipment to "customers who seek a dedicated aircraft solution".
 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Gulf Air adds Maldives as it welcomes its third Airbus 320neo

Gulf Air has welcomed the airline’s third Airbus A320neo, which on October 26 will begin operating to Gulf Air’s newest destination – Male in the Maldives.

Etihad release statement on airspace restrictions

Following the decision of the US Federal Aviation Administration to restrict US airline operations in Iranian-controlled airspace, Etihad Airways has consulted with the UAE General Civil Aviation Authority and other UAE airlines to

SITA celebrates 70th anniversary with record US$1.7 billion revenue

More than 100 of the world’s airlines and airports gathered in Belgium last week as SITA, the air transport IT provider, celebrated its 70th anniversary.

Abu Dhabi Airports achieves CIPS Advanced Level

Abu Dhabi Airports has secured a Procurement Excellence Gold Award from the internationally recognised Chartered Institute of Procurement and Supply (CIPS), following its completion of a comprehensive award submission.

Etihad bolsters flight safety with SITAONAIR's eWAS Weather Awareness Solution

Etihad Airways has bolstered flight safety by choosing to deploy SITAONAIR’s rich and intuitive EFB Weather Awareness Solution, eWAS, across more than 100 aircraft.

Qatar Executive expands its fleet with two Gulfstream Jets

Qatar Executive has delivered two new state-of-the-art Gulfstream jets.

Luxivair SK2404240719
See us at
Dubai AS BT2006211119ACCA19_BT_2404091019MEBAA BT2006260919DIAC19_BT264161119