Specialist
Former VP at VistaJet Group Holding SA
Agenda
- Private aviation travel, including customer base, flight schedule programme and growth drivers
- VistaJet’s fleet configuration and size – global and continental range
- Sustainability strategy
- Business outlook
Questions
1.
How does VistaJet’s 50% growth YoY, as reported in its full-year 2022 results, compare to historical standards?
2.
You mentioned the second-hand jet market. In the current recessionary and inflationary environment, how profitable is the second-hand jet market for VistaJet?
3.
The US market reported a 195% increase in the VistaJet programme membership in terms of gross hours sold in 2022. What are the main reasons behind the US being the fastest-growing market for the business?
4.
What is VistaJet’s US market share, and how does it compare to the European and Middle East markets?
5.
You mentioned the three-year client contracts and renewal tendencies of these contracts. Could you break down these three-year client contracts and the differences in their structures as it relates to the US, Middle East or European markets?
6.
What are the implications for client forward demand as it relates to the three-year contracts and a roll-on of them, in terms of booking aircraft for future private travel schedules?
7.
Who are VistaJet’s core customers? Are we talking wealthy individuals or corporations?
8.
What is your assessment of VistaJet’s flight programme as it relates to key routes and destinations?
9.
Can the strong travel activity seen in western Europe be sustained in 2023? I’m referring to the UK, which saw a 57% increase in the number of flights recorded in 2022. Italy was also around 54%. What are your thoughts on the western European countries?
10.
How disruptive is the Russia-Ukraine conflict for VistaJet’s European flight programme, if at all?
11.
How would you assess VistaJet’s fleet to meet client demand over the next 12-24 months? Is there a fear that the company may lose market share as a result?
12.
When might we expect the delivery of the ultra-premium Global 7500 aircraft?
13.
How would you assess VistaJet’s sustainability strategy as it relates to reducing emissions? Can the business achieve its target to be carbon neutral by 2025?
14.
You mentioned the investment in technology and AI to reduce fuel consumption. I believe there’s currently around an 8% reduction in fuel consumption derived from innovative technology, but how difficult is it to ramp up SAF [sustainable aviation fuel], and what are the main challenges in it becoming commercially viable?
15.
What are your thoughts on the EU’s ETS [Emissions Trading System] initiative, and what can the private aviation industry do to regulate emissions to EU standards?
16.
How would you summarise the outlook for VistaJet in 2023?
17.
What are 2-3 of the most important market trends that you feel investors should keep in mind as it relates to the private aviation industry moving forwards?
Gain access to Premium Content
Submit your details to access up to 5 Forum Transcripts or to request a complimentary 48 hour week trial
The information, material and content contained in this transcript (“Content”) is for information purposes only and does not constitute advice of any type or a trade recommendation and should not form the basis of any investment decision.This transcript has been edited by Third Bridge for ease of reading. Third Bridge Group Limited and its affiliates (together “Third Bridge”) make no representation and accept no liability for the Contentor for any errors, omissions or inaccuracies in respect of it. The views of the specialist expressed in the Content are those of the specialist and they are not endorsed by, nor do they represent the opinion of, Third Bridge. Third Bridge reserves all copyright, intellectual and other property rights in the Content. Any modification, reformatting, copying, displaying, distributing, transmitting, publishing, licensing, creating derivative works from, transferring or selling any Content is strictly prohibited
