From Yahoo Finance: 2025-05-12 16:35:00

VistaJet founder Thomas Flohr cleared of allegations after a major court ruling, paving the way for the company’s global expansion. Vista secures $600 million in equity and $700 million in capital, positioning the company as the second-largest private aviation company. Legal challenges behind them, VistaJet focuses on growth and innovation.

VistaJet reports robust 2024 performance, with a 20% increase in membership and an EBITDA of $800 million. The company’s global reach expands, with a 69% increase in Global 7500 flight hours in the first quarter of 2024. VistaJet sees growth in West Africa and emphasizes expansion into emerging markets.

Recent capital raises aim to rebalance Vista’s growth and address debt critiques. $500 million goes toward debt reduction, while $700 million is for restructuring. Investors show confidence in VistaJet’s business model and growth strategy, as the company expands its fleet and aims for further market share growth.

Thomas Flohr founded VistaJet in 2004 with a subscription-based business model that avoids high costs associated with traditional jet ownership. VistaJet now flies clients to 96% of the world’s countries. With legal issues resolved, VistaJet plans to focus on continued growth, innovation, and exceptional service to clients.

Read more: VistaJet Grows Again in 2024 and Court Dismisses Claim Against Founder