Charter & Fractional
VistaJet throttles back but continues to climb
VistaJet is slowing the implementation of its ambitious growth plans in the charter market but insists that its ambition to solidify its position as the nu

VistaJet is slowing the implementation of its ambitious growth plans in the charter market but insists that its ambition to solidify its position as the number two service provider outside North America still stands. This year the company will take delivery of less than half of the 12 to 14 new aircraft it had been due to take, and it has adjusted its target of having a 100-strong fleet of jets by 2012 operating some 80,000 flight hours.

“The world has completely changed but the fundamentals are still in place,” VistaJet chairman Thomas Flohr told EBACE Convention News. “We simply need to be more realistic due in response to market conditions [in terms of the pace of aircraft deliveries]. The plans have to be fluid and our order book will most likely be pushed further out.”