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Concentration of wealth draws private jet operator VistaJet to boost presence in Asia

Tay Peck Gek

Tay Peck Gek

Published Tue, Nov 14, 2023 · 05:00 AM
    • Chief commercial officer of VistaJet, Ian Moore, says it will be difficult for those who have owned an aircraft to return to commercial aviation.
    • Chief commercial officer of VistaJet, Ian Moore, says it will be difficult for those who have owned an aircraft to return to commercial aviation. PHOTO: VISTAJET

    IF RICH Asians learned anything from Covid-19 travel restrictions, it was to appreciate the benefits of private aviation. Even as pandemic winds die down, Asia’s high-net-worth individuals are keeping private jet operators busy.

    Private jet operator VistaJet, for one, said flight hours from Asia have increased the most among the regions it serves.

    In the first half of this year, VistaJet’s parent company, Vista Global Holding, recorded an 80 per cent year-on-year surge in flight hours within Asia, as well as out of the region.

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