VistaJet eyeing local millennial entrepreneurs
SUBANG: VistaJet, the first and only global business aviation company, is targeting millennial entrepreneurs as its new customer base worldwide, including in Malaysia.
Its chief commercial officer Ian Moore said a shared asset ownership business model was more appealing to younger customers.
“It’s easier to explain the model of shared ownership to 25-yearolds. The shared asset ownership is a model that works for them,” he said in a media briefing, here, yesterday.
VistaJet’s other customers include conglomerates and government personnel.
Moore said Malaysia continued to serve as one of the top markets in Asia for VistaJet besides China and Singapore.
He said 22 per cent of VistaJet’s Asia customers were from Malaysia.
“Malaysia is one of the most dynamic markets in Asia for business aviation. And it was the first country in Asia we entered when we started doing business in this region in 2008,” said Moore.
VistaJet recorded a doubledigit traffic growth in Malaysia in the first three quarters of this year.
Its international passenger traffic from Malaysia rose 45 per cent year-on-year, while international
passenger arrivals into the country increased 18 per cent.
The top five destinations from Malaysia are Singapore, Hong Kong, Macau, Jakarta and Phuket while the top five arrivals are from Maldives, Phuket,
Hanoi, Singapore and Hong Kong.
VistaJet, which is headquartered in Malta, owns all of its 72 aircraft and flies globally. It has up to 15 aircraft to fly into Asian destinations. Bilqis Bahari