Fractional share provider Bombardier Flexjet is celebrating its 15th year in operation. “Over the past 15 years,” said Flexjet president Fred Reid, “the company has progressed immensely.” Last year, he said, “We did lose some money, a small fraction of what our competitors lost.
VistaJet Holding SA
Executive charter operator VistaJet has ordered six more Bombardier aircraft for its planned expansion into markets in West Africa, the Middle East and Russia. The deal announced in Farnborough includes four Global Express XRS and two Challenger 605 jets that are due for delivery in 2011 and 2012. The additional aircraft will expand VistaJet’s fleet to more than 30 airplanes.
In response to the growing demand for business aircraft in Africa, charter operator VistaJet has launched a regional operation on the West African coast, based out of Lagos, Nigeria. The Switzerland-based company has partnered with Kola Aluko, a West Africa-based businessman and VistaJet client.
European charter operator VistaJet reports that revenues grew by 20 percent last year and that the company has expanded its fleet of Bombardier jets to 26 from 19 and will take delivery of a total of five jets this year. “There was a huge sea-change as of about mid-February,” said VistaJet founder and chairman Thomas Flohr, “after January had been slightly up.
In response to the growing demand for business aircraft in Africa, charter operator VistaJet has launched a regional operation on the West African coast, based out of Lagos, Nigeria. The Switzerland-based company has partnered with Kola Aluko, a West Africa-based businessman and longtime VistaJet client.
Bombardier has entered the detail-design phase in the development of its “clean-sheet” all-composite Learjet 85 and remains on track for an entry-into-service date of 2013. Once certified, the aircraft will become the first all-composite Part 25 business jet.
Bombardier has appointed New Jet International as its exclusive sales representative for Switzerland, marketing the Learjet, Challenger and Global families of business jets. The Monte Carlo-based company has represented Bombardier in Italy and Monaco for almost 20 years.
Charter brokering group Air Partner has shut down its aircraft operating division in a bid to stem mounting losses. The Private Jet Operating Company (PJOC) has been put into administration after the company failed in attempts to establish a joint-venture partner for the business, or to find a buyer.
Bombardier has scheduled five regional maintenance and operations conferences for this year. The Canadian OEM has a 20-year tradition of holding large M&O conferences in North America for Learjet, Challenger and Global operators. This year it is expanding its outreach program to include two-day regional M&O conferences in Hong Kong (April 13 to 15), Amsterdam (September 21 to 23) and Atlanta (October 18 to 20).
Executive charter group VistaJet is joining forces with fractional provider Bombardier Flexjet to provide seamless access to each company’s respective service area. VistaJet’s fleet of Bombardier Learjets, Challengers and Global Expresses operates largely in Europe, the Middle East and Asia.