Switzerland’s VistaJet (Booth No. 483) didn’t have to travel far for its appearance at EBACE this year, but it seems just as comfortable projecting a presence half-way around the world, where it has just agreed to establish a Southeast Asian regional headquarters at SkyPark Subang outside Kuala Lumpur, Malaysia. Here in Geneva yesterday, the company reported on the progress of the project with the developer–and launched its so-called Flight Solution Program on which it hopes to pin much of its planned expansion into the Asia-Pacific market, Europe and beyond.
VistaJet’s new program consists of private jet partnership and ownership “solutions.” Under the partnership component, customers commit to 100, 200, 300 or 400 hours per year, for which they pay a monthly rent. Under the plan, the customer takes on no asset risk and gets guaranteed aircraft availability while VistaJet incurs all maintenance expenses and management fees.
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