Air Charter Firm Invests in Swiss eVTOL Aircraft Developer Dufour
, 2023-01-24 10:57:52
Private jet charter group Vista Global is the main investor in a Series B funding round for eVTOL aircraft developer Dufour Aerospace. In a January 23 announcement, the Swiss-based start-up confirmed that Vista has joined existing investors and two new backers in provided an undisclosed capital investment in its plans to bring the Aero2 and Aero3 vehicles to market.
Vista has not said whether it intends to operate Dufour’s eVTOL aircraft as part of its charter business. The group has subsidiaries including VistaJet, Air Hamburg, and Jet Edge, which offer private charter flights.
This week, Vista Global reported a 50 percent year-over-year revenue increase driven by a 74 percent rise in VistaJet’s membership program for frequent flyers. The company acquired 117 new aircraft last year and now operates a global fleet of more than 360 business jets.
“We are looking forward to supporting the team at Dufour in advancing their sustainable aviation solutions with huge potential to supplement Vista’s global service network in the future,” said Vista Global founder and chairman Thomas Flohr. “It is an exciting time for Dufour, and this investment is in line with our strategy of supporting environmental air mobility solutions which further reiterates our commitment to ensuring a greener future for our industry.”
This new funding will help support Dufour’s ongoing development of its Aero family of hybrid-electric eVTOL…
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