Business jet operator VistaJet has this month completed the acquisition of Bombardier’s non-US charter arm, Bombardier Skyjet International. VistaJet says that this now makes it the second-largest operator outside North America.
Speaking at the signing on July 2, VistaJet chairman Thomas Flohr said: “Today’s transaction is a perfect fit. The complementary synergies and strengths are in line with our goal of becoming the world’s leading business aviation provider. The merger underlines VistaJet’s vision of revolutionising the business aviation landscape globally by coupling pure luxury with affordability.”
Chief executive Bing Chen adds: “VistaJet remains committed to a seamless integration of operations and services for the benefit of our customers. Skyjet’s jet membership programme perfectly complements our innovative Flight Solutions Programme. The Skyjet International brand name has been retained to reassure customers who will benefit from this expanded range of service options.
“This is another milestone of VistaJet's continued success in providing the most innovative travel solutions that are transparent, flexible and affordable but with the most luxurious fleet and services,” Chen says.
The Skyjet purchase and its EBACE order for 35 firm Bombardier jets will see VistaJet’s fleet grow to some 94 aircraft and a whopping 80,000 flight hours by 2012. And the company forecasts a 50% increase in revenues for this year.
Source: Flight International
