VistaJet Launches 'Dynamic Corporate Membership'

VistaJet has launched a 'Dynamic Corporate Membership', offering a suite of flexible travel solutions for businesses and executives around the world.

The Dynamic Corporate Membership features:

- Membership sign-up in one day, option to pay in arrears, unlimited flying hours, guaranteed availability of additional aircraft to request two aircraft at the same time and double fly or have aircraft on standby;

- Streamlined travel logistics with a dedicated VistaJet flight manager based in the corporation’s own headquarters;

- Reduced COVID19 exposure with a dedicated Cabin Hostess only flying the company’s trips;

- Access to 187 countries on VistaJet’s fleet of over 70 aircraft, with regional flying in North America, Europe, the Middle East and Asia, including domestic flights within India;

- An integrated carbon reduction and carbon offset option, for fully audited and environmentally sustainable flying.

Ian Moore, Chief Commercial Officer, VistaJet, said, “The impact that COVID19 is having on the availability of commercial flights is clear to see and business aviation is taking up the urgent demand to connect globally. With the Dynamic Corporate Membership, we want to offer companies maximum flexibility with minimum commitment, as we recognize the need for safer and more reliable solutions as companies look to build back their business for the future.”

Since the beginning of the ongoing global COVID19 pandemic, VistaJet has reported the following trends in the business jet market:

- Corporates are increasingly flying entire teams to multiple locations around the world to ensure business continuity - industry research reports that 31% of U.S. companies are expanding their use of private aviation for business trips;

- VistaJet has seen a surge of 49% in corporate interest globally since the start of the pandemic;

- The U.S. is driving the influx of corporate demand for VistaJet, accounting for over 41% of interest;

- According to industry reports, demand for commercial airlines in the U.S. is down 50% y-o-y due to the uncertain and limited scheduling currently offered, while business aviation is flying at 86% levels against 2019;

- Technology companies are driving corporate bookings, given the industry’s growth since February and positive outlook for future growth;

- Over the same period, VistaJet recorded a rapid growth in demand for long-haul routes: the percentage of flights over 5 hours increased 44% YOY during the last 6 months and 11% of VistaJet flights have been over 8 hours long;

- VistaJet’s most popular flight routes have been between the UK and France, the U.S. and China, and the UK and Italy over the last 6 months.

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