JetSmarter, the Fort Lauderdale-based on-demand private jet travel service, is set to be acquired by a Dubai-based travel firm for an undisclosed price.
Vista Global, owned by Swiss billionaire Thomas Flohr and operator of private jet firms XOJET and VistaJet, announced Wednesday it would acquire JetSmarter in order to create a “global on-demand digital marketplace” for travelers. The acquisition is set to close in the second quarter of this year, according to a release from Vista Global.
JetSmarter CEO Sergey Petrossov did not respond to a request for comment. JetSmarter did not provide a statement in Vista Global’s news release.