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HomeEconomyVistaJet order of Bombardier aircraft points to COVID-induced demand in business jets

VistaJet order of Bombardier aircraft points to COVID-induced demand in business jets

VistaJet is the first company to provide a fleet of Global 7500 aircraft, unlocking the world with the largest and longest-range business jet. The 7500 is a gamechanger, and with VistaJet’s unparalleled network and technological capabilities, it will join the best ecosystem to operate at its peak — opening an extended world of non-stop air mobility for Members, in the very best comfort and space. Up to 12 Global 7500 aircraft are planned to join the VistaJet fleet over the next two years.

The Challenger 350 order, the majority of which are expected to be delivered through 2022, is on the back of growing and urgent demand from corporates and executives who are interested in the super-mid segment — VistaJet has seen a surge of nearly 50% in corporate interest globally since July 2020. The award-winning Challenger 350 aircraft is an integral offering in VistaJet’s super-midsize range, which is driving the higher demand with new and existing customers. It is consistently one of the best-selling businesses jets among charter operators and corporate flight departments across the globe and offers several unique benefits.

The Challenger 350 and Global 7500 new additions will bring VistaJet’s global fleet to over 90 aircraft providing access to 187 countries, with regional flying in North America, Europe, the Middle East, Africa and Asia, including domestic flights within India.

The pandemic is clearly demonstrating that customers are increasingly requiring guaranteed global access 24/7. VistaJet’s leading flexibility and adaptability across its business model and service offerings are playing a critical part in its success and resilience, and this latest order of Challenger 350s clearly reiterates its confidence in the future of the industry.

Additionally, in 2021 VistaJet will complete the upgrade of its entire Challenger 850 fleet, including the installation of the fastest in-flight connectivity available with KU-band technology, and enhancing the largest, most productive and comfortable corporate cabin available in its class.

Further, all VistaJet Challenger 605 planes will be fully equipped with KU-band connectivity and upgraded interior on board by the end of 2021 and the Challenger 350 aircraft following suit by end of 2022; 95% of its Global 6000 aircraft will be upgraded with KU-band technology and the elevated interior during 2021 to further enhance customer experience onboard.

Today’s launch is off the back of continued incredible demand for VistaJet’s asset-free solutions, including the new Corporate Membership launched in October 2020. The first quarter of 2021 marked a consecutive quarter in growth in hours sold, up 23% year-over-year, and new Program Members up 90%.

Thomas Flohr, Founder and Chairman, VistaJet said: “It is an incredibly exciting time as VistaJet transforms the architecture of how companies and individuals fly. We continue to see rapid acceleration in new Members, which is driven by corporate and executive demand for our business mobility offerings. Global private aviation networks will be even more vital to support businesses and the economy. The expansion of our worldwide fleet will guarantee our customers full confidence in a consistent flying experience anywhere in the world — offering the best value in the industry through our unique asset-light flight solutions. We remain committed to providing critical support to businesses in this new world — we kept our business steady during 2020 and we are seeing much increased demand for VistaJet’s asset-free solutions in 2021 and beyond.

Éric Martel, President and Chief Executive Officer, Bombardier said: “We are extremely proud of our long-standing partnership with VistaJet and are thrilled that they have again chosen Bombardier aircraft to support their fleet expansion plans. With unmatched performance and comfort, the Global 7500 and Challenger 350 are the perfect aircraft to support VistaJet’s rapid growth as more people turn to business aviation and the enhanced safety and reliability it provides.”

DISCLAIMER

This article provides general information only and does not replace professional advice in any way. It is recommended to consult a qualified professional before making any important decisions regarding financial, legal or other matters. The author and the publication are not responsible for any errors or damages caused by the use of the information contained in this article.

Giovanni Guarise
Giovanni Guarise
Professional journalist since 2010, over the years as a freelance he has dedicated particular attention to the world of Small and Medium Enterprises, creating in-depth studies and focuses for various newspapers, and collaborating in communication activities for a trade association in Veneto.
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