Vistajet Renews Commitment To West Africa’s Market
VistaJet, the global business aviation company is set to organise its maiden roadshow static display in West Africa, engaging with media and stakeholders in the region’s most vibrant cities, including Abidjan, Accra, Lagos, and Abuja.
A statement by the media consultant to the airline in Nigeria, said that the roadshow was organised in support of VistaJet’s regional growth plans.
“VistaJet provides great value to clients in West Africa and is the perfect flying solution for West African corporates and businesses as a hassle-free and timesaving tool to connect world decision-makers domestically and across continents, boosting economies and driving global investments.
“Now, with three dedicated aircraft in the region, VistaJet aims to accelerate its trajectory as a key partner for the region’s economic development. The business aviation sector will play a crucial role in this growth, as in other regional economic transformations. VistaJet is pleased to be able to support Africa’s economic development,” Philippe Scalabrini, President of Europe and Africa, Vistajet, said.
VistaJet has experienced strong momentum at the start of 2024 (Q1 2024 vs Q1 2023) in Africa, with a 69 per cent increase in global 7,500 flight hours and a 91 per cent increase in program members over the last 12 months.
In West Africa specifically, VistaJet has seen a 58 per cent increase in total flight hours.
More and more clients globally are recognising that VistaJet provides the best value and end-to-end experience, and its expanded team of over 4,400 experts is fully committed to developing the next era of innovative flying solutions across the globe.
On the Vista members’ fleet of over 300 silver and red business jets, VistaJet has flown corporations, governments, and private clients to 2,400 airports and 207 counties and territories, covering 96 per cent of the world.
According to Aviation Benefits Beyond Borders, the aviation industry supports $3.5 trillion (4.1 per cent) of the world’s Gross Domestic Product (GDP).
If the industry were a country, it would rank 17th in size by GDP, equating to the GDP of Indonesia and the Netherlands.
In Nigeria, the statement said that aviation annually contributes over $600 million to the national GDP creating more than 241,000 jobs.
Moreover, the aviation market is expected to grow significantly in the coming decades.
By 2038, global air transport is forecast to support 143 million jobs and contribute $6.3 trillion to the global economy.
Similarly, $2.5 trillion total investable wealth is currently held in the African continent, and its millionaire population is set to rise by 65 per cent over the next 10 years.
This finding is according to the 2024 Africa Wealth Report, the definitive guide to Africa’s wealth and luxury sector.
