VistaJet Fleet Reaches 70 Aircraft

Arrival of three new aircraft cements company's position as global leader

• One new Global 6000 and two new Challenger 350 business aircraft added to fleet
• New additions worth over $115million*

Takes VistaJet's total operating fleet to 70 aircraft

October 24, 2016 - VistaJet, the global leader in business aviation, today announced that it has taken receipt of three new aircraft, worth $115million*, taking its overall operating fleet to 70 aircraft. The new additions mean that VistaJet now has the largest owned, super-mid to large cabin, business jet fleet in the industry, ensuring it can offer a global service no competitor can match. The company has more than doubled its fleet in three years, from 32 aircraft at the end of 2013 to 70 aircraft now, with an average age of under 2 years old.

Its expanded fleet means that the company can now offer a truly global service, reinforcing its position as the leader in the industry. Its infrastructure, both in terms of its fleet, its back office operations and its technology platform, are best in class, and mean that it can guarantee that its subscription customers can fly to anywhere in the world with as little as 24 hours' notice. What's more, because the company has invested in its fleet over many years, its customers know that wherever in the world they are, when they fly with VistaJet they will be flying on a young, identically branded, top of the range aircraft, and will receive the very best service.

The Company continues to add new customers around the world at a record pace, and is ensuring that its operating fleet size supports its exponential business growth. With the fleet expansion, VistaJet is maintaining its strong track record for attracting, training and supporting world-class pilots, engineers and cabin crew. The company had a record first half with global flight traffic up 23% and passenger numbers up 20%. Unlike some businesses in the market, rather than charging customers both to fly to a destination and to fly the empty aircraft back, VistaJet has a fully globally deployed infrastructure, so it can offer one-leg pricing to 90% of countries worldwide.