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Vista Announces 2021 Market Trends, 2020 Results and Core Strategic Priorities

(Dubai, January 27, 2020)-Vista Global Holdings, a business aviation group founded by Thomas Flohr, announced its 2021 market dynamics, 2020 performance and core strategic priorities, and demonstrated its proactiveness in a challenging global environment Prospects.

Vista Business Jet, the world’s first and only global business airline under the group, has a 29% increase in global new members in 2020 over the same period of the previous year, of which Europe accounted for 43%, North America accounted for 25%, and Asia accounted for 18 %, the Middle East accounts for 10%. VistaJet’s on-demand charter business bookings also set a new record in 2020, an increase of 15% over the previous year. VistaJet expects that global corporate customers and customers who have chartered flights for the first time will continue to maintain a trend of strong growth in demand for safe and undelayed travel.

VistaJet’s market share is accelerating in major markets. Although all parts of the world are full of challenges and uncertainties in 2020, its global aviation business volume will remain stable. Statistics show that VistaJet’s number of flights in Europe ranks first in the world, accounting for 46% of all flights, while North America accounts for 26%. In Asia, the demand for flights to and from China is strong, accounting for 28% of the total number of flights in Asia, and the UAE accounts for 34% of the number of flights in the Middle East.

XO, the group’s industry-leading on-demand charter booking platform, has tripled its new customer membership in 2020, with an average of US$100,000 deposited in advance by each member to guarantee future flights. In 2020, the group’s flying hours also hit a new high, an increase of 6% over the previous year.

The surge in customer demand and the excellent services and products of the XO platform have established the Group’s pivotal position in the on-demand charter market. The XO platform is committed to continuous growth in the next few years by providing a first-class digital customer experience, providing services to large enterprises and consumers.

Since the launch of the light jet fleet on the XO platform in November 2020, the number of dedicated fleets has increased by 30%, while the utilization rate of aircraft has increased astonishingly. In December 2020 alone, the number of flights increased by 39%.

Vista Global Holdings Group has full confidence in the continuous and substantial growth of the number of global members. The Group’s strong cash growth model and prudent financial system will bring a stable liquidity position in 2020 and support its growth plan with a wide range of funding channels.

As a safer and more reliable mode of travel than ordinary civil aviation, business jets are in significant demand during the COVID-19 pandemic. As customers’ demand for highly secure and reliable global travel services continues to grow, supporting customers and their career development with global infrastructure is the top priority of VistaJet’s business in 2021. Through its unique baseless operation model, VistaJet provides a flexibly dispatched fleet around the world, and provides 24-hour reliable private flight services, making VistaJet a unique industry leader in the market during the epidemic. It is deeply loved by customers. At the same time, the XO digital platform provides real-time booking charter plans, allowing customers to enjoy unprecedented private jet services.

Thomas Flohr, founder and chairman of VistaJet, said: “After experiencing an unprecedented 2020, we enter 2021 with a positive and optimistic attitude. This is a vital and exciting period for the entire industry. I believe that the private aviation industry will play an increasingly important role in the global economy in the next few years.

We have always attached great importance to the overall safety of passengers and VistaJet crew. Corporate members in major regions around the world have gradually increased their confidence in the recovery of the global economy. The asset-light global travel program provided by VistaJet will help them seize new opportunities, which is essential to promote economic recovery.

In the past 17 years, VistaJet has established a truly global infrastructure and a market-leading technology platform to serve customers anytime, anywhere. In such a difficult year, our team has honed strong flexibility, and we have excellent capabilities to adapt, change, explore and provide solutions to customers, making us the best business aviation service provider in the world. ”

In the modern economic environment, customers are increasingly demanding digital solutions. Vista Global Holdings’ proprietary technology brings advantages in the industry, creating excellent customer value and high-level personalized experience.

VistaJet uses innovative solutions in its membership services and global fleet. Faced with huge market changes and customer needs, VistaJet took the opportunity to expand its global services and improve all customer experience in order to match its growing number of members. VistaJet launched the Dynamic Corporate Membership program in October 2020 to provide global corporate customers and management with a complete set of flexible global travel solutions and a very low commitment burden.

The XO platform will continue to strengthen its on-demand charter flight program to consolidate its position as an industry leader and focus on continued expansion in the global mature and potential future markets. In order to further support customer needs, VistaJet plans to launch a series of new products in 2021 to upgrade its exclusive fleet and exclusive short-haul routes.

VistaJet also launched the Global Private Travel “Private World” program, which provides members with private and safe travel services throughout the entire journey by fully integrating the service platforms of leading global brand partners.

In addition, VistaJet is committed to promoting the sustainable development of the private aviation industry, calling on all private aviation operators and related companies to join in promoting the transformation of the industry to achieve further sustainable development, and emphasizing that it is everyone in the industry responsibility. The cooperation between VistaJet and SkyNRG, a global leader in sustainable fuels, uses new fuels to reduce carbon emissions from flights by as much as 85%. This move further emphasizes VistaJet’s commitment to “sustainable aviation” and promotes future sustainable development through business transformation.

Vista Global Holdings will continue to provide support to governments and medical organizations in the global fight against the new crown epidemic. The community support program uses its global network, infrastructure and technology to ensure that important journeys are safe and reliable.

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