Passengers Switching To Bizjets Amid COVID-19, VistaJet Chair Says

Vista Global, parent company of VistaJet, closed a deal to purchase Apollo Jets, a private jet charter broker, in April. The acquisition follows Vista Global’s takeover of Red Wing Aviation in 2020, JetSmarter in 2019 and XOJet in 2018. “ I believe this is just the beginning of our consolidation in our industry and Vista Global is leading this market transformation,” Thomas Flohr, Vista founder and chairman, said during the announcement of Apollo Jets. Credit: VistaJet
Credit: VistaJet
VistaJet founder and chairman Thomas Flohr is witnessing an ongoing trend as airline passengers switch to private jets with global airline connectivity limited because of the pandemic. “What we have seen is a dramatic reduction of commercial aviation connections available in the world. People need...

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