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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".
 

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