Vista Global, one of the world’s leading private
aviation groups, has unveiled plans to centralize and expand its
aircraft trading service offerings with a dedicated focus on
worldwide trading of business aircraft across corporates, private
owners and the brokerage market.
Vista Global Trading believes it can transform the
buying and selling of assets within business aviation, through:
– Allowing aircraft owners globally to move to
Vista’s asset free program membership by easily
divesting their current asset to Vista Global Trading;
* Accelerating lead times in a highly fragmented
market through a global infrastructure of experts and rapid
decision making; and
* Providing support to existing aircraft owners,
operators and brokers by integrating institutional expert
knowledge through comprehensive technology and analytical market
support.
Vista Global Trading will be led by Bill
Papariella, Chief Business Officer at Vista.
Bill, who is also a member of Vista Group’s
Executive Committee, joined the company in 2022 following its
acquisition of Jet Edge.
“I am thrilled to announce this new
service,” Bill said. “It leverages the huge power of being part of the Vista
universe and capitalizes on a key opportunity across the
increasingly diversified requirements of the business aviation
world. Vista Global Trading will benefit aircraft owners, large
corporations, Vista Members, global fleet operators and the
brokerage community by providing them with further opportunity to
trade their assets. It will help maximize the efficiency of their
assets during their lifecycle, and enjoy seamless and quick access
to Vista’s asset free subscription Program, securing guaranteed
availability on a global fleet of over 360 aircraft, by trading in
their asset to us. Our unique team of global experts specialize in
the current valuations of all aircraft types and have deep
expertise in assessing the ever-changing industry market and
financing dynamics.”
Vista Global Trading will utilize Vista’s existing
aircraft management offering and its full-service aircraft
brokerage.
Vista Aircraft Management, the group’s private aviation
management company for owners with ultra-long range, large cabin
and super-midsize aircraft will become an ancillary charter
management arm of Vista Global Trading.
Jet Edge Partners, will
continue to operate as a separate U.S. aircraft sales and listing
company led by Kevin White, and will have a close partnership with
Vista Global Trading, as its subsidiary aircraft brokerage.
“The launch of
Vista Global Trading confirms Vista’s position as the driver of
innovation and change, and is the start of an exciting new chapter
for the global business aviation industry,” said Thomas Flohr,
Vista’s Founder and Chairman. “We are transforming the
trading marketplace worldwide to enable valuable transactions to
occur when speed and market appropriateness is critical, whilst
giving access to asset free flying solutions globally through
Vista’s subscription memberships. Following Vista’s acquisition of
Jet Edge last year, Bill’s outstanding leadership and expertise
have been critical in the expansion of our service offerings and I
am delighted that he will be playing a central role in driving the
success of Vista Global Trading.”
