• Home
  • Post a press-release
  • Visibility packages
  • Subscribe email updates
  • Event Calendar
  • Contact

For Immediate Release | Official News Wire for the Travel Industry

Where press releases are breaking news

  • Home
  • Post a press-release
  • Visibility packages
  • Subscribe email updates
  • Event Calendar
  • Contact

Vista Global to acquire JetSmarter

April 10, 2019 by Forimmediaterelease

Vista Global, a world leader in business flight solutions, announces that it has entered into an agreement to acquire JetSmarter, creating the global On Demand digital marketplace.

JetSmarter’s innovative marketplace technology will fulfil Vista Global’s digitization strategy, providing all customers with an unmatched end-to-end service and seamless booking experience. The acquisition will enhance Vista Global’s formidable position offering the largest suite of services and advanced technologies to every private aviation customer.

Following JetSmarter’s successful digital partnership with XOJET, it will now bring its digital capabilities to the entire Vista Global group. JetSmarter’s industry-disrupting platform will therefore be integrated into the back-end technology of Vista Global’s brands VistaJet, Vista Lease and XOJET. The integration will significantly improve the ease and speed of the booking process for the 150,000 passengers traveling with any of the Vista Global companies each year, building upon its impressive track record of offering customers the most technologically advanced solutions in the private aviation industry.

Vista Global’s Founder and Chairman Thomas Flohr said: “Today’s acquisition is an important milestone for Vista Global – accelerating and executing our vision of digitizing the entire private aviation offering. Customers today want speed, reliability and value, which in today’s world is only possible with technology. Vista Global’s reach and infrastructure will take JetSmarter to the global stage to fully realize its potential. JetSmarter’s technology will digitalize Vista Global’s market-leading customer offering to Program Members and On Demand customers.”

Since its founding in 2012, JetSmarter has become the preeminent provider of technology-enabled service to the business aviation market with two million downloads to date. Today, JetSmarter’s digital platform allows both Members and On Demand customers to book private or shared trips instantly.

Following the acquisition, JetSmarter’s customers will benefit from the reach, resources and operational expertise of Vista Global group. Its growing customer base will have access to a wider fleet, wherever they are in the world, and enjoy the highest standards in private aviation as they join the Vista Global family. They will significantly benefit from the group’s unparalleled customer service and an unmatched in-flight experience.

Steven Langman, Managing Director and Co-Founder of Rhône Capital added: “Vista Global is marking a new major milestone in its development. The acquisition of JetSmarter is fully in-line with the company’s mission: to transform the nature of the business aviation sector and offer its growing customer base a fast and seamless access to its services through digital innovation.”

Behdad Eghbali, Managing Partner and Co-Founder of Clearlake Capital Group stated: “Vista Global is the undisputed market leader with unmatched vision to consolidate and digitally transform this fragmented industry. Vista Global’s worldwide fleet access, unmatched end-to-end service experience, and world-class management team will combine with JetSmarter’s digital technology leadership including digital bookings and On Demand crowdsourcing to further expand Vista Global’s leadership. We are thrilled to partner with Thomas Flohr and the talented management team at Vista Global and believe that, combined with Vista Global, JetSmarter will flourish and revolutionize the industry’s digital transformation.”

The transaction is expected to be completed in the second quarter, subject to customary closing conditions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. As part of the transaction, all JetSmarter investors, inclusive of Clearlake Capital and Jefferies Financial Group, will become investors in Vista Global, supporting its future growth. Jefferies LLC acted as financial advisor to JetSmarter.

Travel News | eTurboNews

Share this:

  • Twitter
  • Facebook

Filed Under: Press Release Tagged With: and, announces, antitrust, aviation, aviation industry, aviation market, Aviation News, aviation sector, aviation-website, base, benefit, book, Booking, bookings, brands, Breaking Travel News, building, Business, business aviation, capital, Chairman, class, closing, co-founder, combine, companies, company, completed, conditions, consolidate, Corporate News, customer, customer service, customers, date, demand, development, digital, Digital Platform, digitally, director, downloads, ease, end, end service, expand, expected, experience, expertise, expiration, Family, financial, fleet, flight, following, founder, founding, free, future, Global, global On Demand, Global Stage, Group, Growing, Growth, highest, important, impressive, improve, improvements, in, in-flight, including, inclusive, Industry, infrastructure, innovation, innovative, integrated, integration, investors, IT, join, largest, leader, leadership, leading, lease, line, LLC, major, management, Managing, managing director, managing partner, Market, marketplace, members, milestone, million, mission, most, nature, New, News articles, offer, offering, On Demand, On Demand customers, only, operational, partner, partnership, passengers, period, platform, position, potential, private, private aviation, program, quarter, record, resources, s, said, seamless, second, second quarter, sector, service, services, significantly, solutions, standards, stated, strategy, successful, suite, supporting, team, Technology, termination, The World, Thomas, through, to, TO BE, today, tourism, Tourism Investment News, transaction, transform, transformation, Transportation News, Travel Technology News, traveling, Travelwire News, trips, two million, value, vision, Vista, Vista Global, VistaJet, We, World, World News, world-class, worldwide, XOJET, year

Search




Recent Articles

  • A Goal for the Future Scores Big for Kids and Environment: Sandals Resorts Celebrates One Year Milestone of Future Goals Program with Month-Long Celebration
  • Unlocking the Value of Your IPv4 Address Block: Tips for Sellers
  • Summertime Living Made Easy with Sparkling Dining Experiences, Fresh Music Programming and Stay Packages from Hotel Arts Barcelona
  • Sandals and Beaches Resorts Celebrate Splendor of the Caribbean with Rhythm and Blues Sale
  • Guam Continues Typhoon Recovery Efforts
  • Part of the Same Family: Sandals Resorts International Debuts Refreshed Logos for Sandals Resorts and Beaches Resorts
  • How Guam Visitors Bureau Helps 5000+ Stranded Visitors
  • The Bahamas Ministry of Tourism, Investments & Aviation Invites Cruise Passengers to Enjoy Revitalized Nassau Cruise Port
  • Summer Tourism Boom as Celebrities Flock to Jamaica
  • Jordan Tourism Board Awarded Order of Al Istiqlal of First Degree

Subscribe to daily email update

RSS eTN Articles

  • Errors that the Tourism Industry Is Currently Making
  • Aviation: Critical Steps Needed to Fly Net Zero by 2050
  • Drunk and Abusive on Planes: What IATA Recommends?
  • Aviation’s worst: Nigeria, Bangladesh, Algeria, Pakistan, Lebano …
  • Icelandair’s a big deal with Turkish Airlines is sealed
  • Hallelujah to the UNWTO Commission for Europe Bulgaria Show
  • Connecting the War on Terror, the Uganda LGBTQ Bill, and Tourism
  • Norwegian Epic to Homeport at Port Canaveral Starting December
  • Costa Serena Restarts in Asia with South Korea, Thailand Cruises
  • New Nonstop Edmonton to Minneapolis Flight on WestJet

Archives

  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • November 2016
  • October 2016
  • August 2016

Content

and Breaking Travel News Business CEO experience first free hotel Hotels in including Industry International International Travel News IT minister most New News articles only over People s said sandals The World through time to TO BE tourism Tours Transportation News Travel Travel & Tourism Organizations News Travel Destination News Travelwire News up We were WHO World World News year years

Copyright © 2023 · Metro Pro on Genesis Framework · WordPress · Log in