Travelers move away from traditional business aviation models in favor of access to global flight solution.
VistaJet Founder and Chairman Thomas Flohr explains how the VistaJet model complements your lifestyle.
VistaJet, the global leader in business aviation, today reached an important milestone in its history when it welcomed its 100th ever aircraft to its fleet. The company has invested billions in jets in the past decade, growing its fleet from just 5 jets in 2006 to over 60 today, with a market value of more than $1.8bn.
CNBC-TV18's Ronojoy Banerjee interviews the founder of VistaJet Thomas Flohr to discuss a host of issues including the benefits a shared economy brings and the regulatory challenges for VistaJet.
Thomas Flohr discusses VistaJet’s double digit growth in 2015, growth markets, and the financial practicalities of the VistaJet asset-light business model.
In the 2015 calendar year, both the number of passengers flying with VistaJet and its overall flight traffic increased in all of its core markets, making 2015 the company’s strongest year to date. Worldwide flight traffic increased more than 21 per cent year-on-year when compared to 2014 and the total number of passengers flying with VistaJet increased by more than 23 per cent.