KUALA LUMPUR, July 12 (Bernama) -- VistaJet Ltd - a global business aviation company -- gained substantial market share around the world during the first half of 2018 driven by the sustained demand for its flagship program subscription model.
"We started 2018 with an impressive acceleration. We continue to see sustainable growth across our business and retain the ability to adapt our offer to meet demand in every region around the globe," said VistaJet's founder and chairman, Thomas Flohr.
The company recorded increases of 32 per cent new members year-on-year, with Europe doubling the number of new contracts against the same period last year. Renewal hours also recorded a growth of 33 per cent, propelled by its service excellence, a statement said.
VistaJet has further invested on service innovation for its passengers with a new program offering, designed around VistaJet customers' passions, encompassed key partnerships with world leading art and sport partners such as Christie's and British Polo Day.
It also seen growth in flight revenue, flight hours and number of flights by 27 per cent whereby North America spearheaded this expansion, accounting for 25 per cent of total global hours flown.
The records demonstrate the global shift in flying preferences for individuals and corporations who are moving away from aircraft ownership to reduce flight costs and asset risks, without compromising on the convenience, benefits and comfort of business aviation.
VistaJet is well positioned to take even more market share by offering global coverage, consistent unparalleled quality and maximum efficiency. More information at https://www.vistajet.com
-- BERNAMA
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