TravelNewsAsia.com
Wed, 23 March 2016

VistaJet Moving HQ from Switzerland to Malta

VistaJet has unveiled plans to move its corporate headquarters from Baar, Switzerland to Malta, a decision which will bring together its operations, finance and European customer services teams.

Employees and clients from all over the world will visit the center each year, with training and development exercises held at its offices located at Malta International Airport.

VistaJet has registered $1.8 Billion worth of brand new business jet aircraft on the Maltese registry and is the biggest aircraft operator in the country. The company recently took delivery of its 50th Maltese registered aircraft.

Since relocating operations to Malta in 2013, VistaJet has consistently recorded double digit growth in passengers and flight traffic. Its fleet has grown from 32 to 60 Bombardier Challenger and Global aircraft, and has gone from serving 1,090 destinations to more than 1,474 worldwide.

The company has also successfully entered the US and China markets, and last year grew its global flight traffic by 21%, making 2015 a record year for VistaJet.

VistaJet has a Global office network across 4 continents. At the same time, the company is committed to further expand its Global presence in the US, Asia, Middle East and Africa.

The decision to move its headquarters and centralize operations will create additional jobs, taking the overall number of people the company employs in Malta to 270. VistaJet will also work with the local aviation college MCAST, taking on some of its finest aviation students every year over the summer, with the aim of building an industry leading cohort of aviation professionals.

"Centralizing our European business functions and moving our Global Group Headquarters to Malta will enable the company to thrive and deliver even more efficiency for our global customer base," said Founder and Chairman, Thomas Flohr. "Malta is a fantastic place to do business. Its aviation industry is flourishing, as part of the EU it has access to the European common market, and it has a government that not only supports business, but works with and encourages companies like ours to grow and develop. On top of that, English is the predominant language here in Malta, and it is also the language of aviation. We are committed to working with the Government, to continue to attract the very best professionals to Malta and to develop the strong aviation industry in the country."

Malta's Minister for Tourism, Dr. Edward Zammit Lewis, said, "We are delighted to see VistaJet, one of the most significant businesses in the country, reaffirm its commitment to Malta. We recognise and value the continued role the company plays in our aviation sector, and look forward to continuing to build our relationship in the future."

See other recent news regarding: VistaJet, HQ, Malta

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