Vista Global's XOJET Deal Sets Up An Epic Private Jet Dogfight Between Two Forbes Billionaires [Forbes]
Berkshire Hathaway Inc. New (BRK.B)
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Source: Forbes
Doug Gollan Contributor i Opinions expressed by Forbes Contributors are their own. Boats & Planes I write about private aviation and the business of luxury travel As the days of summer wind down, the non-ownership segment of the private aviation market continues to heat up when it comes M&A. Yesterday, Vista Global Holding, the Dubai-based company formed 10 days ago , made its first acquisition by entering into an agreement to buy XOJET, a large California-based operator of private jets and seller of jet cards and on-demand charter. Combined with its existing VistaJet subsidiary, the move gives Vista Global an owned fleet of 115 super midsize, large cabin and ultra-long-range private jets. By owning its aircraft – instead of managing them for owners – it gives Vista Global more flexibility and consistency than managed fleet operators who need to get permission and abide by owner rules when they charter
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BRK.B
Earnings
- 2/26/24 - Beat
BRK.B
Sec Filings
- 4/22/24 - Form 424B5
- 4/18/24 - Form FWP
- 4/10/24 - Form PX14A6G
- BRK.B's page on the SEC website