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Vista Global
Vista Global Holding Limited is a private aviation group based in Dubai. It was founded in 2018 by Thomas Flohr. The group offers private jet services under VistaJet and XO. Overview Vista was launched on September 20, 2018 with support from the global private equity firm, Rhône. Rhône invested an additional $200 million in September 2018. Vista became the parent company of VistaJet, a global business aviation company that Flohr founded in 2004. A week after Vista's launch, it acquired the on-demand private jet company, XOJET. In April 2019, Vista acquired JetSmarter, a technology-enabled service provider specializing in the aviation industry, and in June, it merged XOJET with JetSmarter and rebranded the companies as XO. By 2020, Vista acquired Red Wing Aviation, Apollo Jet, and Talon Air. In February 2022, Vista acquired Air Hamburg, the private jet operator with the highest number of flights across Europe. In March, it acquired Jet Edge, a private aviation company ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai
Dubai (Help:IPA/English, /duːˈbaɪ/ Help:Pronunciation respelling key, ''doo-BYE''; Modern Standard Arabic, Modern Standard Arabic: ; Emirati Arabic, Emirati Arabic: , Romanization of Arabic, romanized: Help:IPA/English, /diˈbej/) is the List of cities in the United Arab Emirates#Major cities, most populous city in the United Arab Emirates and the capital of the Emirate of Dubai. It is located on a Dubai Creek, creek on the south-eastern coast of the Persian Gulf, Persian Gulf. As of 2025, the city population stands at 4 million, 92% of whom are Expatriates in the United Arab Emirates, expatriates. The wider urban area includes Sharjah and has a population of 5 million people as of 2023,https://www.demographia.com/db-worldua.pdf while the Dubai–Sharjah–Ajman metropolitan area counts 6 million inhabitants. Founded in the early 18th century as a Cultured pearl, pearling and fishing settlement, Dubai became a regional trade hub in the 20th century after declaring itself a f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Flohr
Thomas Flohr (born 17 March 1960) is a Swiss billionaire businessman and amateur racing driver. He is the founder and chairman of VistaJet, a private jet charter company. As of March 2018, ''Forbes'' estimated his net worth to be US$2.3 billion. Early life Flohr was born in Switzerland on 17 March 1960, the son of a teacher. He was raised in Erlenbach, Germany. After school he applied unsuccessfully for flight training at Lufthansa. He studied business and political science at Ludwig Maximilian University of Munich. Career From 1985 until the early 2000s, Flohr worked for the Chicago-based technology firm Comdisco. He was President of their European division from 1990 to 1994. He was President of Comdisco's worldwide asset finance division from 1995 to 2000. He would later buy out most of Comdisco's European operations through his Swiss-based group Comprendium Investment, which he still controls. In 2003 he bought his first Learjet 60. In 2016, Flohr was named Entrepreneur of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rhône Group
Rhône Group is a global private equity firm with approximately $11 billion of assets under management, specializing in mergers and acquisitions, leveraged buyouts, recapitalizations, and partnerships with particular focus on European and trans-Atlantic investments. Rhône also offers Financial advisory, financial advisory services, strategic alliances, Joint ventures, joint partnerships, and Valuation (finance), business valuation services. Rhone Group was listed in 2013 to 2014 by Preqin as the 'Most Consistent Performing Private Equity Fund Manager' based on both its multiple and Internal rate of return, IRR of all 3 funds in the top quartile ranking. Rhône is headquartered at the International Building (Rockefeller Center), International Building at Rockefeller Center in New York City, with additional offices in London and Paris. Rhône was founded in 1995 by billionaire investors Robert Agostinelli and Steven Langman. The pair have been managing Rhône since inception. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
VistaJet
VistaJet is a global business aviation company founded in 2004 by billionaire Thomas Flohr. The firm flies between any two points, under a "pay for hours flown" fare structure. In January 2023, its fleet consisted of over 360 planes including mid-to-large cabin, Bombardier Global and Challenger business jets. The company has flown to 207 countries and 1,900 airports. Its headquarters are in Malta, with further offices in London, New York, Los Angeles, Hong Kong and Dubai. VistaJet has a European air operator's certificate in Malta. It partners with local operators in countries where airlines are obliged to fly domestically and cannot be the majority owner of an AOC, such as the US, where VistaJet-owned and U.S.-registered aircraft are operated by licensed U.S. direct air carriers. History VistaJet was originally named Air Executive when Flohr founded the business in 2004. Back then, its headquarters were located in Switzerland, with operations in Austria. 2003–2005 In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
XOJET Aviation LLC
XO (formerly XOJET) is a US-based private aviation company and subsidiary of Vista Global with its headquarters in Fort Lauderdale, Florida. XO, with a worldwide fleet access of more than 1,450 private aircraft, offers clients on-demand private jet charters with fixed-price membership programs as alternatives to jet cards and fractional ownership of aircraft. The company also offers the ability to purchase individual seats on pre-arranged, shared flights. Services XO is an on-demand private jet company. It operates in the same market as competitors NetJets and Flexjet. The company offers a number of private jet charter programs that allow customers to choose their arrival and departure points. In July 2017, XOJET launched Select Access, a new $50,000 membership level; added lite- and mid-size jets to its Elite Access program; and instituted a program for membership with monthly fees. In August of that year, XOJET reported it serviced more than 7,000 clients worldwide. Histor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
JetSmarter
JetSmarter was a corporation and mobile application for private jet users. The company was headquartered in Fort Lauderdale, Florida, United States. The app connected users to available aircraft and routes in the United States, Europe and Middle East. The company was purchased by Vista Global in 2019 and merged into a new brand, XOJET Aviation. History JetSmarter was founded in 2012 by entrepreneur Sergey Petrossov, whose idea made him one of ''Forbes "30 Under 30" business leaders of 2016. In August 2012, the beta version was launched and tested among a closed group of private aviation users. After testing proved successful, Petrossov sought and received substantial venture funding to expand JetSmarter's scope. In June 2015, JetSmarter announced its new European headquarters in Zurich, Switzerland. In early 2016, it launched flights within Europe. JetSmarter had offices in Zurich, London, Moscow, Dubai, Riyadh, and Fort Lauderdale. On February 16, 2017, the President of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
XO (aviation Company)
XO (formerly XOJET) is a US-based private aviation company and subsidiary of Vista Global with its headquarters in Fort Lauderdale, Florida. XO, with a worldwide fleet access of more than 1,450 private aircraft, offers clients on-demand private jet charters with fixed-price membership programs as alternatives to jet cards and fractional ownership of aircraft. The company also offers the ability to purchase individual seats on pre-arranged, shared flights. Services XO is an on-demand private jet company. It operates in the same market as competitors NetJets and Flexjet. The company offers a number of private jet charter programs that allow customers to choose their arrival and departure points. In July 2017, XOJET launched Select Access, a new $50,000 membership level; added lite- and mid-size jets to its Elite Access program; and instituted a program for membership with monthly fees. In August of that year, XOJET reported it serviced more than 7,000 clients worldwide. Histor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Air Hamburg
Air Hamburg Luftverkehrsgesellschaft mbH (also known as Air Hamburg) is an open-base Air charter, charter airline headquartered in Hamburg, Germany. According to its own statement, it is the "largest provider of charter business aviation in Europe". In 2001, two entrepreneurs (Floris Helmers and Alexander Lipsky) founded Flugschule Hamburg - a commercial aviation school. In 2005, under a newly established company name, Air Hamburg, and with their single and twin-engine aircraft, they began offering regular round-trip flights to nearby areas including Germany's northern islands, such as Heligoland, Juist, Norderney and Sylt. Due to the increasing number of private charter requests, the Air Hamburg Private Jets brand was founded in 2006. In February 2022, Air Hamburg was acquired by Vista Global, Vista Global Holding, the parent company of VistaJet and XOJET Aviation LLC, XOJET. Alongside Air Hamburg, Air Hamburg Technik, based at Baden Airpark, and Executive Handling, based at t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fitch Ratings
Fitch Ratings Inc. is an American credit rating agency. It is one of the three nationally recognized statistical rating organizations (NRSRO) designated by the U.S. Securities and Exchange Commission and is considered as being one of the " Big Three credit rating agencies", along with Moody's and Standard & Poor's. History Fitch Ratings is dual headquartered in New York and London. Hearst owns 100 percent of the company following its acquisition of an additional 20 percent for $2.8 billion on April 12, 2018. Hearst had owned 80 percent of the company after increasing its ownership stake by 30 percent on December 12, 2014, in a transaction valued at $1.965 billion. Hearst's previous equity interest was 80 percent following expansions on an original acquisition of 20 percent interest in 2006. Hearst had jointly owned Fitch with FIMALAC SA, which held 20 percent of the company until the 2018 transaction. Fitch Ratings and Fitch Solutions are part of the Fitch Group. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Dubai
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
