Bernama.com
Malaysian National News Agency

VistaJet Eyes 20-25 Per Cent Growth In Malaysia
Business
November 07, 2017 16:23 PM
PETALINGJAYA, Nov 7 (Bernama) -- VistaJet, a global business aviation company, is aiming for between 20 per cent and25 per cent growth in Malaysia this year.

Chief Commercial Officer, Ian Moore said on average,each customer from Malaysia bought between 100 and200 hours of services per year, amounting to someUS$1.3 million to US$1.5 million.

He said in the first three quarters of 2017, VistaJet's international passenger traffic from Malaysia increased 45 per cent, year-on-year, while international passenger arrivals into the country increased 18 per cent.

"The number of VistaJet international flights departing from Malaysia rose 12 per cent year-on-year, while the number of inbound international flights into Malaysia grew 10 per cent," he said in a media briefing today.

Malaysia is the top three market within the Asian region and the private jet luxury brand expects the demand for business jetservices in Malaysia and the rest of Southeast Asia continuingto rise.

Moore said Malaysia wasideally suited to business aviationas multinational companies benefit from the efficiency and convenience of business aviation.

"TheSubang airportis one of the few capital city airports in Southeast Asia largely dedicated to business aviation," he added.

The top five destinations departing from Malaysia, he said, wereSingapore, Hong Kong, Macau, Jakarta and Phuket while thetop five destinations arriving into Malaysia are Singapore, Hong Kong, Maldives, Phuket and Hanoi.

Since entering Malaysia in 2008, VistaJet hadexperienced tremendous growth, whereby 22 per cent of its Asian customers werefrom Malaysia, he said.

VistaJet flies customers anytime, anywhere in the world with 24-48 hours' notice.

With its fleet of 72 aircraft, VistaJet's global infrastructure is valued at more than US$2.5 billion.

-- BERNAMA

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