Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

VistaJet $8 billion Aircraft Order



  VistaJet - $8 billion Aircraft Order

RNS Number : 0716S
VistaJet
27 November 2012
 



 

 

        VISTAJET "THINKS GLOBAL" AND PLACES LARGEST SINGLE TRANSACTION

                     IN THE HISTORY OF BUSINESS AVIATION

                                       

                 FIRM ORDER FOR 56 NEW BOMBARDIER GLOBAL JETS

                                       

                 OPTIONS ON FURTHER 86 BOMBARDIER GLOBAL JETS

                                       

                      TOTAL ORDER VALUE OF $7.8 BILLION

                                       

         VistaJet to Deploy New Aircraft in All Corners of the Globe

                                       

 VistaJet Offers Immediate Access to the Global Fleet to Anyone Anywhere for
                             International Travel

 

                                       

London (November 27, 2012)  - VistaJet, the  world's luxury aviation  company, 
has placed  a firm  order for  56 new  Bombardier* Global*  aircraft, with  86 
further options. With a list  price value of more  than $7.8 billion, this  is 
the single largest transaction  placed with any  aircraft manufacturer in  the 
history of business aviation. Deliveries of this order will commence in 2014.

 

Steve Ridolfi, President of Bombardier Business Aircraft, said:

 

"By any standard, this  is a historic order  for Bombardier.  It goes  without 
saying that we are thrilled VistaJet has again chosen to grow their fleet with
the industry-leading Bombardier Global family. 

 

"We welcome VistaJet's ongoing commitment  to global coverage within  existing 
and developing new markets.   The Bombardier Global  aircraft are perfect  for 
VistaJet's business  strategy  as it  is  the ultimate  business  jet  family, 
ideally suited to  meet the  demanding needs of  both jet  owner and  customer 
alike." 

 

"VistaJet recently  took  delivery of  the  50^th aircraft  for  their  fleet, 
reflecting the company's ongoing commitment to maintaining the youngest  fleet 
in the sky - with an average age of two years and all aircraft operating under
the manufacturers' warranty."

 

The new  Global aircraft  order -  comprising of  25 Global  5000*, 25  Global 
6000*, and 6 Global 8000* aircraft, with options for a further 40 Global 5000,
40 Global 6000 and  6 Global 8000  jets - is a  continuation of the  company's 
strategic decision  to  fast-track  the  growth  of  the  fleet,  focusing  on 
wide-cabin, long-range  aircraft  to provide  non-stop  point-to-point  global 
coverage.  The new  aircraft will directly  service growth markets  (including 
Russia, China, all of the Middle East  and all of Africa), connecting them  to 
the rest of  the globe,  as well  as serving the  East and  West coast  United 
States for their intercontinental travel needs.

 

Its  global  strategy  has  made   VistaJet  the  clear  market  leader   with 
unparalleled experience  flying  in  to,  and  out  of,  the  hardest-to-reach 
destinations around the world. Furthermore,  VistaJet is the first  commercial 
operator of  the  Global  6000  jet  to lead  the  way  in  long-haul  flights 
connecting the growth markets. VistaJet continues to "Think Global" and brings
the most advanced and accomplished long-range premium aircraft family to their
customers across the globe.

 

Thomas Flohr, Founder and Chairman of VistaJet said:

 

"This order is the most significant milestone for VistaJet and is a  testimony 
to our successful strategy  that focuses on global  coverage.  Earlier in  the 
year we announced landmark agreements with  partners in both China and  Russia 
and, since then, the level of demand we have seen in growth markets around the
globe has been unprecedented.

 

"Our customers  need to  fly  point-to-point across  the  globe, and  in  many 
instances at short notice.  Whether it's a direct  flight from Los Angeles  to 
Shanghai, from  London  to Luanda  or  from Kinshasa  to  Ulan Bator,  we  are 
seamlessly connecting our customers to every corner of the world in unrivalled
levels of style and safety.

 

"Such customer success allows us to place this historic order and will  enable 
us to base even more brand new aircraft in these dynamic growth markets. I  am 
excited to serve these markets with  an unparalleled product both locally  and 
globally." 

 

In the air,  VistaJet has  been growing  what is  already one  of the  largest 
business aviation flight crew rosters worldwide  to ensure that it has  flight 
crew availability  24/7 anywhere  in the  world. VistaJet's  pilots are  rated 
amongst the most  proficient in  the world  and have  extensive experience  in 
flying the  longer-haul  sectors  to remote  destinations  that  comprise  the 
majority of the flights flown in 2012. 

 

On the ground,  VistaJet has doubled  its dedicated sales  force across  these 
emerging markets to establish  further presence and  support for existing  and 
new  customers.  These  additions  to  our  world-class  sales  team  will  be 
introduced during the course of Q1 2013.

 

Flohr concludes  "carrying 25,000  passengers on  10,000 single  international 
flights in 2012, VistaJet is the only luxury brand in aviation, which  focuses 
on providing  an understated  and  bespoke service.  Flying with  VistaJet  is 
simple: innovative flight solutions  are designed for  each of our  individual 
customer needs  without any  asset  risk. Every  flight is  tailored  ensuring 
customers travel in the best style and luxury with maximum safety, flexibility
and value. This  simple business model  ensures the entire  VistaJet fleet  is 
made available to all our customers  - with guaranteed availability within  24 
hours notice - offering a truly global reach with no positioning costs."

 

 

* Country-specific announcements will follow shortly.

 

** New exciting customer dedicated service announcement to follow within 60
days.

 

 

Enquiries

London:

College Hill: +44 207 457 2044                           

Mark Garraway

Kim Peters        

 

New York:

Nadine Johnson Inc: +1 (212) 228 5555

Adam Abdalla                                                   

 

About VistaJet

VistaJet is headquartered in Switzerland and has operations in London, Moscow,
Malta, Dubai, Lagos, Beijing, Hong Kong, Kuala Lumpur, and Salzburg.

 

A unique business model  offers customers a  PROGRAM solution with  guaranteed 
availability at a  fixed hourly rate  across the largest  service area in  the 
world including Europe, Africa,  the Middle East and  Asia Pacific as well  as 
East Coast America. The ON DEMAND option  offers ad hoc flights for those  who 
want to fly occasionally, yet still  want to enjoy the VistaJet experience  on 
board the youngest fleet in sky.

 

VistaJet customers  are  already  flying in  brand  new  Bombardier  aircraft, 
including  Global  6000  (previously  known  as  the  Global  Express*  XRS*), 
Challenger 850*, Challenger 605*, Learjet 60*  XR*, and soon Global 7000*  and 
Global 8000 aircraft.

 

For more details, visit:

www.vistajet-think-global.com 

www.vistajet.com 

 

* Trademarks of Bombardier Inc. or its subsidiaries

 

 

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
END
 
 
NRAFEUSWWFESEFF -0- Nov/27/2012 07:23 GMT
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement