Victor : the private jet app secures £5.36m funding

Clive Jackson, the CEO of a travel company named Victor with about 18000 members, which offers on-demand charter jet booking, is just one of a number of apps serving a very lucrative user base—the ultra wealthy and corporate teams willing to pay for convenience.

Victor bills itself as a product that “makes comparing, booking, and managing private-jet charters easier and faster than ever before.” According to Jackson, the app’s target audience are corporate customers flying teams from destination to destination on short notice, and “successful ultra high-net worth entrepreneurs” traveling for leisure. The company, which raised $8 million in funding earlier this year, is one of a number of entrants in a crowded book-a-private-jet-by-app space that also includes upstarts like BlackJet, a whole new way to fly and has contacts with not only Private aviation but also commercial airlines. Its members enjoy the convenience, reliability and private jet experience at realistic prices that you would expect from American, Delta or United first. When NetJets created fractional ownership in 1986, instead of buying a private jet, you could buy a share in an aircraft based on the flying hours you actually need.

Instead of owning a single jet, you got guaranteed access to the largest private fleet in the world, paying for the hours you fly and not pay for every second your jet was parked on the tarmac.