While Covid’s relentless strain on commercial travels has unwittingly forced a boom in private aviation, it has also pushed industry players to rethink ways to reboot the travel sector, cut emissions and expand customer base, all of which are revolutionising air travel like never before
Private aviation group Vista Global has agreed to acquire charter jet specialist Air Hamburg, one of Europe’s largest operators. The transaction is expected to be completed in the first half of 2022, subject to customary closing conditions and regulatory approvals. Additional terms of the deal were not disclosed.
VISTA ACCELERATES INDUSTRY CONSOLIDATION WITH THE ACQUISITION OF AIR HAMBURG, EUROPE’S LEADING CHARTER OPERATOR Acquisition of AIR HAMBURG strengthens.
Vista Global is buying Air Hamburg, one of Europe’s largest charter operators. The acquisition is a win for Vista in its home market at a time when US operators are looking to buy European companies. Vista is not releasing any financial details. “Air Hamburg has extremely impressive people, a solid operation and culture. It is … Continue reading "Thomas Flohr on why Vista Global is buying Air Hamburg"