Vista acquires AIR HAMBURG
Feb 21, 2022
I am excited to announce that Vista signed an agreement to acquire the operating platform and maintenance services of AIR HAMBURG.
Both Vista and AIR HAMBURG have been long established and are amongst the most respected brands in private aviation. By joining forces with AIR HAMBURG, our global group will see the fleet grow to over 240 aircraft, offering services across the entire world, from light jets to the Global 7500.
After launching VistaJet in 2004, the Vista group has been consolidating the private aviation market by successfully integrating XOJET, JetSmarter, Red Wing Aviation, Apollo Jets, and Talon Air into a cohesive ecosystem of business aviation services, to become the largest charter operator in the world.
AIR HAMBURG is the largest private jet operator by number of flights across Europe, and it is second only to Vista in terms of hours flown in the region. The integration will consolidate our position and massively expand our customer offering across European and Middle Eastern markets.
This is another demonstration of our continued commitment to ensuring access to the best value flying solutions across the world at any given moment. Our management teams are working closely to bring their expertise to service even more of your clients. Subject to customary closing conditions and regulatory approvals, we expect to complete the transaction in the first half of 2022.
In the words of our Founder and Chairman, Thomas Flohr:
Today’s announcement brings a renowned institution of the European private aviation market into the Vista group and complements our growth and service offering across Europe and the Middle East. AIR HAMBURG is an impressive, well-established and profitable business with a long-standing track record in best-in-class client service — like Vista, it is known for its reliability and consistency throughout a scaling fleet and high utilization.
Vista’s leading flying solutions, with a business model based on a floating fleet, allows us to implement a quick, seamless integration. This is yet another demonstration of Vista’s unrivaled commitment to ensuring all our Members have access to the best value flying solutions across the world at any given moment.
It is incredibly exciting to welcome over 650 highly skilled new colleagues to become part of the Vista family of experts at one of the most exciting times for our industry. It has been an absolute pleasure to work closely with the leadership team to ensure both companies capitalize fully on the global opportunities within the expanding private aviation market.
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