Vista Finalizes Jet Edge Acquisition

 - June 16, 2022, 12:15 PM
Jet Edge's fleet comprises Bombardier Challenger 300/350s as well as large-cabin Gulfstream jets. (Photo: Jet Edge)

Vista Global Holding announced today that it has closed on its acquisition of Jet Edge, doubling its North American charter footprint. The deal, announced in March, expands the company’s VistaJet and XO branded fleets by an additional 100 aircraft, including what Vista said is the largest on-demand fleet of Gulfstream jets in the U.S. Combined, the Vista fleet now totals more than 350 aircraft.

In addition, more than 800 Jet Edge employees are “seamlessly” joining Vista. In addition, Vista acquires more infrastructure, including a maintenance facility, to support larger-scale operations. “All clients can now enjoy an even larger network that guarantees reliability, flexibility, safety, consistency, and superior in-cabin experience—in a way that no other private aviation company can offer,” said Vista founder and chairman Thomas Flohr.

Completion of the Jet Edge acquisition follows Vista’s closing of its Air Hamburg acquisition last month. Those acquisitions are two of seven Vista has done since 2018.

“The sustained growth and stability of Vista across an industry that is highly fragmented places us in the best position to service clients,” said Jet Edge CEO Bill Papariella. “With the exponential demand the market is experiencing, we understand the value this acquisition will bring to all clients.”