Private jet charter companies fly high in the Fast 50 awards

Two online private jet charter companies are among the winners of this year’s Deloitte UK Technology Fast 50 awards.

Stratajet secured fifth place, with 3,634% growth over the past four years, and Victor came 34th with
716% growth.

The fastest growing UK technology company was London-based food delivery company Deliveroo, which grew by 107,117%.

This is the first time that Stratajet has been included in Deloitte’s list of the fastest-growing UK technology companies, and Victor’s second – it came 18th last year and won the internet category ahead of digital businesses such as Secret Escapes, Farfetch and Skyscanner.

Stratajet founder Jonny Nicol attributes the company’s growth to its “unique” ability to offer customers accurate flight prices within seconds and instant booking through its online platform and app.

“This is only possible thanks to a cutting-edge technology that can filter through all of the necessary variables that go into calculating the cost of a private jet flight,” he said.

“Ranking so highly among such an impressive roster of companies is testament to the hard work that the team has put in over the last four years. We have strived to develop a revolutionary product that can bring private jet travel to the masses, through technology that is unrivalled in the space. It is therefore immensely rewarding to see this hard work recognised and we are grateful to Deloitte for the honour.”

Victor founder and CEO Clive Jackson says a “seamless mix of high-tech, data-driven innovation, first class customer care and transparent booking” is at the root of his company’s growth. “Continual investment in smart technology and data analytics, and a firm focus on recruiting the best talent to ensure we engage with our customers in the best possible way – at the best possible time – ensures we attract and retain loyal customers. We are driving significant scale whilst ensuring fliers enjoy a ‘surprise and delight’ travel experience. Victor is allowing them to fly more efficiently, effectively and enjoyable than ever, and so our audience grows,” he added.

Victor also recently appeared in the Sunday Times Tech Track 100 for the third consecutive year.

Jackson said he was “immensely proud” to feature in the Deloitte list for the second time: “It is a fantastic achievement to make the Fast 50 twice in a row, even more so when you consider our listed growth has not come from a low base point. Victor’s revenue is approximately eight times larger than that of any other Fast 50 participant from our sector. Today, we are world-leading in terms of volume of on-demand private jet charter sold through a digital platform, and looking forward to closing out another successful year.”

Both Nicol and Jackson agree that being one of the Fast 50 is an important accolade.

Jackson said: “These awards are important, in terms of raising profile, clarifying a company’s performance and progression, and helping establishing new business relationships. They also promote the valuable contribution new businesses are making to economies around the world, which potentially opens up other opportunities for growth and development.”

And Nicol added: “The recognition that comes with such an award is invaluable both across the business community and also the aviation market. In the short term, we are looking at expanding our network of aircraft operators, to provide more availability and more affordable prices to customers. While our product speaks for itself, additional credentials like this prove that we mean business.”