Judges in the 11th Circuit affirmed a lower court’s ruling IN a case brought against U.K.-based Fly Victor. It included the charter broker’s boss, Clive Jackson, and other current and former executives. The court said the lawsuit lacked personal jurisdiction. Last week’s ruling means further action would need to be taken in England. Don’t Look Media had been seeking up to $30 million in a dispute over the website privatejet.com.
Cohen had come aboard earlier this year and during his brief tenure Victor launched Alto, a frequent booker program for private jet charter customers
Joe Cohen joined U.K.-based tech-focused on-demand charter broker Victor in May and he has apparently departed. At the time, the former Match.com executive replaced Victor founder Clive Jackson who had become CEO of a newly formed holding company, Alyssum Group back in January. In June, Victor announced the launch of Alto, a frequent flier program for its private jet charter customers.
U.K.-based on-demand charter broker Victor will bring a “floating balance” prepaid program to the U.S. by early next year
Fast growing on-demand charter broker Victor said it will launch a program with a prepaid option for U.S. customers in early 2018. The U.K. company is not going to offer guaranteed availability or hourly rates so it will be more in line with what used to be described as block charter. Clive Jackson, Victor’s founder and CEO tells Private Jet Card Comparisons a similar program offered in Europe has been highly successful.
The London-based private jet charter broker expects sales to grow from $39 million to $60 million this year
Online focused on-demand charter broker Victor announced the signing of a strategic investment agreement with BP Ventures, BP’s investment arm, according to a press release received by Private Jet Card Comparisons. “BP Ventures has committed to invest $10 million as lead investor to Victor’s Series B fundraising round. The round, raising a total of $20 million, has been further bolstered through family offices and existing shareholders,” Victor said in a statement.