Posts filtered by tags: Vista Global[x]


VistaJet is about to take delivery of its first charter-ready Bombardier Global 7500, a $70 million ultra-long-range private jet that can fly 7,700 nautical miles — see inside

A VistaJet Bombardier Global 7500. VistaJet Private aviation firm VistaJet will welcome another Bombardier Global 7500 to its fleet in January that will be available for charter after its first model was scooped up by a single client. The Global 7500 has the longest range of any aircraft in its class, and is able to fly up to 7,700 nautical miles in a single flight.  The 14-passenger configuration allows for four living spaces, including a private bedroom and office.  Visit Business Inside...
Tags: Travel, Transportation, News, Planes, New York City, Trends, Features, Bombardier, Gulfstream, Teterboro Airport, Flohr, Nuage, VistaJet, Thomas Flohr, Vista Global, Thomas Pallini

Private jet firm XO just added 15 aircraft to its fleet in a major fleet expansion that will help corner the new market of first-time private jet flyers

XO is expanding its fleet to 58 aircraft with the addition of 15 light jets. Perry Correll/ Private aviation firm XO just added 15 Cessna Citation Ultra jets to its fleet, growing to 58 aircraft in total. It's the first light jet to be flown by XO, offering a greater variety to new and existing members over the traditional super-midsize and long-range aircraft operated by the firm. Thomas Flohr, the CEO of XO's parent company, Vista Global, told Business Insider that member...
Tags: Travel, Transportation, News, Air Travel, Mexico, Planes, New York City, US, Los Angeles, Trends, Flying, Canada, Aviation, Las Vegas, West Coast, East Coast

The Station: Cruise cuts, Waymo snags more cash, and a VC Mobility survey

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi and welcome back to The Station, I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. If you’re interested in all the future and present ways people and packages move from Point A to Point B, you’re in the right place. It felt like Tesla dominated the news cycle once again this week. (Checks list of published art...
Tags: Amazon, Transportation, Uber, Europe, Elon Musk, Sweden, India, Softbank, New York City, Africa, San Francisco, Tech, Tesla, Bloomberg, Intel, Taiwan

SoftBank-backed Fair appoints new CEO: Bradley Stewart, ex-CEO of XOJet

Another chapter is opening up for, the car subscription startup backed by hundreds of millions of dollars from SoftBank and others: today the company announced that Bradley Stewart, who had been CEO of aviation startup XOJet from 2013 to 2018 (when it was acquired by Vista Global), is joining as CEO. At the same time, Stewart confirmed in an interview that Fair is working on raising another round of funding — size as yet unknown, but including both equity and debt — to push ahead on its...
Tags: TC, Softbank, Tech, Automotive, WeWork, Subscriptions, Hiring, Fair, Stewart, Brad, Vroom, TPG, Scott Painter, Personnel, Hieber, XOJET

#Dubai’s Vista Global agrees to buy Uber-style private jet booker

Dubai’s Vista Global agrees to buy Uber-style private jet booker:Dubai-based Vista Global has agreed to buy JetSmarter which allows well-heeled travelers to book private jets on demand.Vista Global, headquartered at the Dubai International Financial Center and run by the Swiss billionaire Thomas Flohr, is acquiring the US company for an undisclosed sum.He said: “Customers today want speed, reliability and value, which in today’s world is only possible with technology.” [Author: [email protected]
Tags: Travel, US, Dubai, Dubai International Financial Center, Rupert Neil Bumfrey, Thomas Flohr, Vista Global

Vista Global to buy JetSmarter

Vista Global said April 10 that it agreed to buy JetSmarter. Financial terms weren’t announced. JetSmarter, of Fort Lauderdale, Florida, provides a mobile app that connects travelers to private jets, PitchBook said. As part of the deal, Clearlake Capital and Jefferies Financial Group will become shareholders of Vista Global. PRESS RELEASE Executing on its digitisation strategy of the global On Demand private aviation marketplace Provides Vista Global with an industry-disrupting technology platf...
Tags: Trends, Tech, M&a, Fort Lauderdale Florida, Jefferies LLC, PitchBook, Clearlake Capital, XOJET, Thomas Flohr, Steven Langman, Vista Global, Jefferies Financial Group, Clearlake Capital Jefferies Financial Group, Vista Global Shareholder family Vista Global, Rhône Capital Vista Global

Vista Global buys XOJet’s business aviation fleet and commercial operations

Vista Global, which is backed by Rhone Capital, has acquired XOJet‘s business aviation fleet and commercial operations. No financial terms were disclosed. The deal is expected to close in the fourth quarter of this year. PRESS RELEASE NEW YORK, Sept. 20, 2018 (GLOBE NEWSWIRE) — In a further move towards strengthening its lead in the fragmented and expanding business aviation market, Vista Global, the aviation group founded by Thomas Flohr, announces the acquisition of XOJET’s business aviation f...
Tags: New York, Trends, Dubai, M&a, North America, U S Department of Transportation, Jefferies LLC, DIFC, Latham Watkins LLP, Rhone Capital, Mubadala Investment Company, White Case LLP, XOJET, Thomas Flohr, Vista Global, Vista Global the world