SOURCE: VistaJet

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March 07, 2016 04:05 ET

VistaJet Announces Double-Digit Growth in Flight Traffic and Record Number of Passengers in 2015

Flight Traffic to Asia Increased by 62 per Cent, Making It One of VistaJet's Fastest Growing Markets

HONG KONG, CHINA--(Marketwired - March 07, 2016) -

  • Global flight traffic increased by 21 per cent and overall passenger numbers by 23 per cent year-on-year
  • Number of flights to Asia increased by 62 per cent and number of passengers by 57 per cent year-on-year
  • Number of flights to China up 25 per cent year-on-year
  • Fastest growing destinations in Asia by flights were the Philippines and China
  • Successful launch of in country services in China with Apex Air

VistaJet, the global leader in business aviation, today announced its flight and passenger statistics for 2015. 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.

The company's strong performance reflects its superior customer offering, and was driven by its continued focus on delivering a bespoke, high quality and unique service to every flyer that boards a VistaJet aircraft. In 2015, the company again invested in its fleet, and as of March 10, it will own 60 branded, premium Global and Challenger aircraft.

The robust growth in both flight traffic and passenger numbers highlights that VistaJet's subscription model remains a popular and compelling proposition for Asia's corporations, entrepreneurs and ultra high net worth individuals who value the time saving benefits of private flight without the asset risk.

The company built on its strong track record for entering new markets by successfully launching in country services in China with an in country registered aircraft. As well as notable growth in flights to China, the business also recorded an increased performance across Malaysia, Thailand and South Korea. VistaJet successfully diversified its customer base in 2015, achieving notable growth in customer numbers from Singapore and China.

To help build a center of expertise and a strong foundation from which to further increase its global market share, the company intends to further invest in growing and developing its operations center in Malta, a key priority for 2016.

Chairman and Founder Thomas Flohr said:

"2015 was a record year for VistaJet. We maintained our position as the leading global business aviation company, taking our passengers to the destinations that no one else will, with as little as 24 hours' notice. We welcomed more passengers onto our jets than ever before. VistaJet is still increasing its geographic reach in the U.S. and China, and we are taking market share from our main competitors in all of our core markets.

It was particularly pleasing to see Asia becoming one of our fastest growing markets, and we were delighted to see strong growth in flight traffic in China.

We have clear execution plans to increase the number of destinations we fly to still further and to accelerate our growth in 2016."

Key statistics:

Metric   Europe Asia USA Middle East Africa
Growth in number of flights into market   13% 62% 139% 58% 15%
Growth in number of passengers travelling into market   17% 57% 106% 58% 19%

Fastest Growing Destinations:

  • Fastest growing destinations in Asia by flights were the Philippines and China
  • Fastest growing destinations in North America by flights were USA, Canada and the Bahamas
  • Fastest growing destinations in Europe by flights were UK, France and Spain
  • Fastest growing destinations in Africa by flights were South Africa, Ghana and Morocco

About VistaJet

Founded in 2004 by Thomas Flohr, VistaJet has established itself as the global leader in premium long-range private jet travel by consistently providing excellent service and unrivalled quality to its fast growing clientele, connecting them to every corner of the world with point-to-point coverage. From its headquarters in Malta, VistaJet operates a young fleet -- total fleet average age is under two years -- of 59 Global* and Challenger* business aircraft and offers the industry's largest service area, covering all major markets. The Company's unique and successful business model provides all the benefits of owning a personal jet without the responsibilities or asset risk of ownership. VistaJet aircraft have to date visited over 180 countries, landed at 1,300 airports worldwide, logged over 83,500 flights and carried over 199,700 passengers. News and information are available at

*Trademarks of Bombardier Inc. or its subsidiaries.

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