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Dubai-based Vista Global is acquiring North America private aviation platform XOJet. VistaJet founder Thomas Flohr had launched Vista Global this month as VistaJet's new parent company. Vista Global will maintain XOJet as an independently operated joint venture under U.S. leadership, per U.S. Department of Transportation requirements. XOJet operates 43 branded super-midsize business jets, while VistaJet has more than 70 branded aircraft. The companies project the transaction will close in the fourth quarter of this year.
For the first time since January 2020, the industrywide airline passenger load factor in June 2022 was...
Luxembourg-based all-electric-vehicle rental car platform Ufodrive has expanded to the United States,...
American Airlines has started redesigning its Admirals Clubs in the United States, with the first new...