On-demand charter broker Fly Victor sold to Abu Dhabi group

Fly Victor Founder and Chairman Clive Jackson says he has sold the charter broker to an Abu Dhabi-based investment firm.

By Doug Gollan, November 21, 2023

U.K.-based on-demand private jet charter broker Fly Victor has been sold.

The announcement came via an email from Founder Clive Jackson, who has now stepped away from the company where he had served as chairman.

According to the note, Fly Victor, Ltd., and holding company FVH, Ltd., are now part of an Abu Dhabi-based aviation investment group.

The new owner “will provide management and staff with significant expansion opportunities across the UAE and globally.”

Jackson reacquired Victor from BP Ventures-backed Alyssum Group in 2020.

Jackson declined to comment about the new owner, and current Victor executives didn’t respond to an email asking for comments.

Fly Victor financials

According to its most recent financial filings, 2022 sales increased to GBP 65.7 million from GBP 57.3 million in 2021.

In 2022, GBP 49.8 million in sales were from the UK, an increase from GBP 43.1 million in 2021.

Following his exit, Jackson will take on a new role working both with the EU and UK governments “to develop a game-changing global standard and reporting framework for aviation emissions.”

Jackson said in his note, “This follows the strategy framework I set out in my COP26 white paper, published by an All-Party Commons Select Committee, detailing a transparent pathway to Netzero for private and commercial aviation.”

Victor, under Jackson, has been a leader in offering carbon offsets and the ability of customers to utilize sustainable aviation fuel, or SAF.

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