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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 identified because the information is private. The company has projected 2021 earnings before interest, ...

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: Getty Images Signature Aviation Acquisition A $4.7 Billion Deal Blackstone Infrastructur...

European charter operator has also taken delivery of its first pair of Global 7500s

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”. The Malta-based company, which has a commitment for up to 12 Global 7500s, says the new aircraft wil...

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 introduced a collection of high-end vacation destination partnerships. The addition of Apollo’s 4,000 clien...