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Private Jet Operator Vista Global Holds SPAC Merger Talks

Private Jet Operator Vista Global Holds SPAC Merger Talks This content was published on June 9, 2021 - 08:37 June 9, 2021 - 08:37 (Bloomberg) -- Vista Global Holding Ltd., a private aviation provider that competes with Warren Buffett’s NetJets, is in talks to go public through a merger with a special purpose acquisition company, according to people familiar with the matter. A transaction could value Vista at more than $10 billion including debt, said the people, who asked not to be iden...
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BizAv Mergers & Acquisitions: Where Is It Headed? | Aviation Week Network

The business aviation sector is a tale of two worlds when it comes to mergers and acquisitions. While there is not much movement in the manufacturing side of the industry, investors seem interested in buying fixed-base operators (FBOs) or other business aviation services businesses. When it comes to FBOs, dealmaking is hot and expected to remain so as post-pandemic business jet activity ramps up from what turned out to be a muted decline during the novel coronavirus outbreak. Credit...
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VistaJet confirmed as customer for 10 Challenger 350s

By Murdo Morrison2021-04-06T11:33:00+01:00 All-Bombardier charter operator VistaJet has ordered an additional 10 Challenger 350s for delivery through 2022, and taken delivery of its first two ultra-long-range Global 7500s. Source: VistaJet One of the Global 7500s is given the traditional water jet welcome on arrival in Malta Bombardier had already announced the Challenger order, to an undisclosed customer, on 23 December, describing it as “one of the largest business jet orders of 2020”. ...
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Vista Global To Buy Apollo Jets, Stake in Talon Air

Apollo will become a division of XO, Vista’s digital brand. March 2021 Vista Global has inked an agreement to acquire charter broker Apollo Jets and its undisclosed share in Farmingdale, New York–based aircraft charter, management, and MRO provider Talon Air, the companies recently announced. Vista expects the deal, whose terms were not announced, to close by the end of this month. Apollo will become a division of XO, Vista’s digital brand. Related Article The lift provider has introduce...
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VistaJet International Ltd: VISTA GLOBAL CEMENTS ITS POSITION AS THE LEADER IN AIR MOBILITY AND ACCELERATES ITS MARKET SHARE WITH ACQUISITION OF APOLLO JETS

Apollo Jets is the latest in a series of acquisitions for Vista Global, allowing more clients than ever before to benefit from its technology and fleet solutions. This follows from the successful acquisitions
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Vista Global continues US growth with Apollo Jets acquisition plans

VistaJet Vista Global is planning to acquire Apollo Jets in a deal announced Thursday.  The acquisition will give Vista Globals XO access to Apollo Jets roster of 4,000 clients. Vista will also offer aircraft management services through air carrier Talon Air.  Vista Global on Thursday announced a deal to acquire private aviation firm Apollo Jets in the latest bid to grow its US market share. The acquisition will give Vista around 4,000 Apollo Jets clients and a f...
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John Kerry: Envoy for climate still owns private jet, says report, but asks ex-coal workers to make solar panel

Copy to Clipboard John Kerry flies from a campaign stop (Getty Images) Federal Aviation Administration (FAA) records reportedly reveal that the family of US Special Envoy for Climate John Kerry still owns a private jet. According to a report by Fox News on January 27 that cited the FAAs registry, a Gulfstream Aerospace jet is currently owned by Flying Squirrel LLC — Kerrys wife Teresa Heinz-Kerry’s private charter jet company. The planes registration certificate was issued in July 2005 and ...
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Source: meaww.com

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