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VistaJet Adds Five New Global Aircraft to Its Fleet in the First Quarter 2014

VistaJet's fleet now over 40 aircraft strong

LONDON, UNITED KINGDOM -- (Marketwired) -- 05/16/14 -- Editors Note: There is one photo associated with this press release.

VistaJet, the leading Global business aviation company, is on track with its worldwide expansion adding five Bombardier Global aircraft, valued at over US $250 million, to its fleet in the first quarter 2014. VistaJet will also take delivery of up to 10 new Challenger 350 and up to 10 Challenger 605 jets in 2014. Challenger jet deliveries are scheduled to begin in the third quarter.

"This is truly an exciting start to the year," said Thomas Flohr, Founder and Chairman of VistaJet. "As per our plan, we are taking delivery of Global aircraft and expanding our fleet.

In the last two weeks of March alone we took delivery of four Global jets, this is unprecedented."

The company is also on track to renew its medium and long-range aircraft. The current Challenger 605 fleet aircraft will be completely renewed while the Challenger 350 jets will replace the current fleet of Learjet 60 XR aircraft. "VistaJet is committed to offering top of the line aircraft and to maintaining the youngest fleet in the sky - with an average age of two years and all aircraft operating under the manufacturer's warranty," said Mr. Flohr.

"I am particularly pleased about the introduction of the Challenger 350 jet to the fleet as I was personally active in the customer focus groups for this aircraft. It offers an amazing combination of cabin technology and overall performance. I can confirm that VistaJet's Challenger 350 aircraft will feature a unique configuration, geared toward maximum comfort, privacy and security. The Challenger fleet renewal will be complete by the end of the year," continued Mr. Flohr.

VistaJet is the only operator of its size requiring a Cabin Hostess on all flights. The company's Challenger 350 aircraft feature an eight-seat double club configuration along with a jumpseat position for the Cabin Hostess and a bulkhead door between the galley and main cabin, ensuring both maximum passenger seating and privacy.

Flohr concludes, "VistaJet is the only luxury brand in aviation which focuses on providing an understated and bespoke service, we carried 27,000 passengers on 11,000 international flights in 2013. Flying with VistaJet is simple: innovative flight solutions are designed for each individual customer's needs ensuring maximum safety and value without any asset risk.

This simple business model means the entire VistaJet fleet is made available to all its Program customers - with guaranteed availability - offering a truly global reach with no positioning costs."

About VistaJet

VistaJet owns and operates the largest privately owned Bombardier business aircraft fleet - over 40 aircraft - the majority of which are large cabin, long range Global and Challenger jets. Renowned for its consistency around the globe and as the only provider to offer an identical exterior livery and cabin design throughout its fleet, VistaJet's global strategy of connecting its customers to every corner of the world with point-to-point coverage has made it the clear market leader with unparalleled experience flying in to, and out of, the hardest-to-reach destinations.

News and information are available at www.vistajet.com.

Bombardier, Global, Challenger, Learjet, Challenger 350, Challenger 605 and Learjet 60 XR are trademarks of Bombardier Inc. or its subsidiaries.

To view the photo associated with this press release, please visit the following link: http://file.marketwire.com/release/glob0516.jpg

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