VistaJet Says Capital Restructuring Boosts Financial Strength

VistaJet says it has significantly strengthened its financial position following a capital restructuring that raised USD600 million in equity and an additional USD700 million through a capital raise. The business jet operator, based in Malta, announced the move in a recent press release, noting the changes will reduce its annual debt repayments by USD160 million.

The company stated that the restructuring enhances investor confidence and reduces scrutiny around its debt levels. Of the total funds raised, USD500 million will be used to pay down existing debt, while the remainder will restructure current financial instruments, lower discount rates, and improve short-term cash flow.

VistaJet CEO Thomas Flohr emphasized the strength of the company’s subscription-based business model, which has seen growing adoption among corporate clients. These clients typically prefer long-term access to aircraft without owning them, instead signing multi-year contracts that generate stable revenue for VistaJet.

Flohr also addressed what the company called “outside observers” who have criticized VistaJet’s financial transparency and debt structure. He said the company is taking a more open approach to clarify how its unique model functions, acknowledging that private aviation businesses often face scrutiny due to limited financial disclosures.

VistaJet noted that many of its recent legal disputes, which it claims to have largely resolved in its favor, were “unnecessary noise” that distracted from its core operations. With these challenges behind it, the company plans to focus on expanding and refining its subscription-based jet services globally.

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Sources: AirGuide Business airguide.info, bing.com, ch-aviation.com