Tuesday 10 October 2017

VISTAJET'S US CUSTOMER BASE TREBLES - REINFORCING ITS COMMANDING POSITION IN THE MARKET

Following strong Q3 results in North America, VistaJet aims to amplify its efforts and resources to continue the positive momentum in the region

For North America ending September 30:
- New Program customers increased three times year over year
- New Program hours increased 146% year over year
- Flight departures increased by 30% in Q3 ’17 v. Q3 ‘16
- Q3 ’17 Program hours increased 210% v. Q3 ‘16
- 45% of Program customers who have joined in past 12 months have booked additional hours
- Today's results follow $150 million investment from Rhône Capital

LAS VEGAS, Oct 10 (Bernama-GLOBE NEWSWIRE) -- VistaJet, the first and only global aviation company, is delighted to announce a set of results that highlights the significant progress made in the US throughout the third quarter ending September 30, 2017. Driving the growth is the company’s flagship Program Membership, registering three times more clients year over year, resulting in a 146% increase in Program hours. Moreover, flight hours sold to Program members grew significantly over the period with an increase of 210% compared to Q3 ’16. In addition to VistaJet’s marked rise in new US passengers, 45% of those who joined as Program customers have gone on to increase the total number of hours flown.

http://mrem.bernama.com/viewsm.php?idm=30265

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