Daily Archives: May 19, 2017

Industry First: VistaJet Abolishes Positioning Fees Globally

To free its Program customers from expensive ferry fees, company will never charge them for positioning an aircraft anywhere in the world.

  • Positioning fees can cost customers an additional five-figures on each flight.
  • Other business aviation companies charge for positioning fees when leaving their limited service areas.
  • The announcement is a result of VistaJet’s $2.5bn investment in its global fleet and proprietary backend operations technology.
  • Company took on 15 new business jets in 2016, taking the total fleet to over 70, to offer one-way pricing around the globe.
  • Follows 100,000th VistaJet flight record.

LONDON, May 19, 2017 (GLOBE NEWSWIRE) — VistaJet, the first and only global aviation company, announced today that it has abolished hourly ferry flight fees for new Program customers globally. Uniquely in the industry, the commitment applies no matter where in the world a customer is flying to or from. The move signals a significant commitment to VistaJet’s mission to be the first operator to offer a truly global service. Its customers now have complete freedom when booking, without bearing the burden of paying a ferry flight hourly rate for an aircraft to return to a home base or service area, and enjoying truly transparent pricing.

Photos accompanying this announcement are available at

http://www.globenewswire.com/NewsRoom/AttachmentNg/46cb434c-23ad-4110-8c4f-bc8711b071e2
http://www.globenewswire.com/NewsRoom/AttachmentNg/5e0064d2-a46b-4f9b-9935-b1ff347144f0
http://www.globenewswire.com/NewsRoom/AttachmentNg/8a1f5882-737f-42be-996b-adbf4e8f529e
http://www.globenewswire.com/NewsRoom/AttachmentNg/a6207715-7e21-42f4-ab50-9229bae68fba

Positioning fees have traditionally been a frustrating and unexpected cost for business aviation clients. Currently, most companies in the sector make their customers pay for the cost of returning the empty plane to its home airport or service area after a flight is completed. Depending on location, this can add tens of thousands to the overall cost of a flight. For example, if a customer stepped onboard a London based aircraft towards Australia, the cost of returning the aircraft to its home base could add more than $100,000 to the overall cost of the journey.

The revolutionary new offering has been made possible by the $2.5bn investment the company has made to grow its fleet to a global scale, as well as its effort to establish a global customer base through its 10 sales offices around the globe. The company’s unique business model, built on removing the notion of a home base for its aircraft, means customers only pay for the time they are in the air: when a VistaJet Program customer books a flight, VistaJet will simply move the nearest plane to pick them up.

Unlike business jet charter, VistaJet owns every one of the over 70 silver and red aircraft in its fleet, so customers know what will greet them on the tarmac anytime, anywhere in the world. The company has invested in an industry leading operations centre in the European country of Malta, and created an innovative infrastructure with the capacity to manage global flights 24 hours a day, 365 days a year. It has also established offices on 5 continents, managing flights to over 1,600 airports in 187 countries to date.

Chairman and Founder Thomas Flohr said:
“When you call a taxi, you don’t worry about paying for its journey to you. Today’s entrepreneur or business executive will be flying to America one week, Asia or South America the next, and Europe in between, so it’s become critical to offer them a truly global service. The sustained investment we’ve made for the past 13 years has been calculated to ensure we can offer our customers something completely ground-breaking: one way pricing around the globe.

At VistaJet, we challenge ourselves every day to offer the best experience in the industry. So along with knowing that our customers will only pay for the time they are in the air, when they fly with us they know that they will receive the very best service, with everything tailored to their specific needs.”

About VistaJet 

VistaJet is the first and only global aviation company. On its fleet of silver and red business jets, VistaJet has flown corporations, governments and private clients to 187 countries worldwide. Founded in 2004 by Thomas Flohr, the company pioneered an innovative business model where customers pay only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet’s signature Program service offers customers a bespoke subscription of flight hours on its fleet of mid and long range jets, to fly them anywhere and at any time.

More VistaJet information and news at vistajet.com.

Information

Jennifer Tyler
VistaJet International
T: +44 203 617 3077
M: +44 7834 335505
jennifer.tyler@vistajet.com

James Leviton
Finsbury
+44 207 251 3851
VistaJet@finsbury.com

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Chinese tourist went missing while jet skiing at Koh Samui

Marine police and jet ski drivers on Friday launched a search of a Chinese tourist who went missing while driving a jet ski in the sea off Koh Samui on Thursday.

Led by marine police, about 20 jet skis took part in the search for the Chinese tourist, Zhen Wen-tuk, who was reported to be heading toward Koh Som when heavy rainstorm struck.

The owner of the jet ski then sent its men to look for Zhen because he was supposed to return the vessel after 30 minutes. But he could not be located and a complaint was lodged with the police in the evening.

Search began Friday morning with 20 jet skis being deployed and lasted the whole day, but still there was no trace of Mr Zhen.

Source: Thai Public Broadcasting Service (Thai PBS)

DSI seize 122 super cars in nine raids in Bangkok

A total of 122 super cars have been impounded by the Department of Special Investigation following coordinated raids of nine car showrooms and warehouses, especially the Niche Car Group, in Bangkok on Friday.

The impounding of the 122 luxury cars were announced at a press conference by justice deputy permanent secretary Pol Col Dusadee Arayawuth and DSI chief Pol Col Paisit Wongmuang.

Officials of the DSI split up to raid nine locations connected with import of luxury cars, including showrooms at Siam Paragon and Ekamai, Raminthra road and the residence of Mr Wittavat Choenbaramee of the Niche Car Group.

The cars impounded include Lamboghini, Ferrari and Lotus.

DSI deputy director-general Pol Lt-Col Korawat Parnprapakorn told the media that initial investigation findings showed that the Niche Group was linked to the grey market's import of luxury and super cars into the country.

He alleged that these importers falsified invoices that under-declared the actual prices of the cars by 10-18 million baht per unit in order to avoid paying full amount of import taxes if the actual prices were declared.

He said that, at this stage, it was not concluded whether there were any government officials involved in this tax illegal business.

It was noted that the raids came ahead of Niche Car Group's plan to hold an exhibition of second-hand super cars.

Source: Thai Public Broadcasting Service (Thai PBS)

Police are always police wherever they are: RTP deputy spokesman

The Royal Thai Police is ready to come under the jurisdiction of the Ministry of Justice as proposed by a police reform subcommittee in the coordinating committee of the National Legislative Assembly and the National Reform Steering Assembly.

Pol Maj-Gen Songpol Wattanachai, deputy spokesman of the RTP, said Friday that police, as the guardians of the people, are ready to accept whatever status decided by the government because we are still the people's guardians.

The police reform subcommittee's proposal on the status of the RTP will be submitted to the whips of the NLA and NRSA for consideration.

Pol Lt-Gen Songpol said that police had always attached importance to the public and, for that matter, it would not be any problem for the RTP to come under the jurisdiction of the Justice Ministry or directly answerable to the prime minister as it is now.

He added that the police's job would not duplicate with that of the Department of Investigation which is currently under the Justice Ministry.

Asked how the police feel about being tossed around from being under the Interior Ministry, to the Prime Minister's Office and then to the prime minister and, now to be put under the Justice Ministry, the deputy spokesman maintained that police are always police wherever they are.

Source: Thai Public Broadcasting Service (Thai PBS)

Police are always police wherever they are: RTP deputy spokesman

The Royal Thai Police is ready to come under the jurisdiction of the Ministry of Justice as proposed by a police reform subcommittee in the coordinating committee of the National Legislative Assembly and the National Reform Steering Assembly.

Pol Maj-Gen Songpol Wattanachai, deputy spokesman of the RTP, said Friday that police, as the guardians of the people, are ready to accept whatever status decided by the government because we are still the people's guardians.

The police reform subcommittee's proposal on the status of the RTP will be submitted to the whips of the NLA and NRSA for consideration.

Pol Lt-Gen Songpol said that police had always attached importance to the public and, for that matter, it would not be any problem for the RTP to come under the jurisdiction of the Justice Ministry or directly answerable to the prime minister as it is now.

He added that the police's job would not duplicate with that of the Department of Investigation which is currently under the Justice Ministry.

Asked how the police feel about being tossed around from being under the Interior Ministry, to the Prime Minister's Office and then to the prime minister and, now to be put under the Justice Ministry, the deputy spokesman maintained that police are always police wherever they are.

Source: Thai Public Broadcasting Service (Thai PBS)