Black Jet Charter

The BlackJet - a start-up company that aims to be like Uber, but for on-demand personal jet users - was discontinued last Thursday. In fact, it was initially sponsored by Uber co-founder Garrett Camp. Clive Jackson - CEO and founding father of Victor, who says he's the strongest growth on-demand charterer in the industry and has made more than $24 million in investments to date - was the person we talked to to get an overview.

Mr Jackson said that BlackJet, which was selling places for a shuttleservice, was "basically...at variance with those who historically flew privately". Instead of permitting leaflets to charter aircraft on call such as Victor, BlackJet charged an annuity and gave members entry to a jet reservation system where they could reserve places on pre-arranged itineraries.

Mr Jackson said that "Uber for airplane" carriers trying to run shuttles "should really speak to O'Leary[CEO of Ryanair] or Stelios[owner of EasyJet] about how to drive a shuttles. Actually, they don't fly small airplanes, but bigger airplanes with more seats." Jackson talked about prominent BlackJet and sector investor and had this advice:

"In my opinion, anyone wishing to make an investment in this industry must exercise due care. I would advise all those who want to make investments in this industry not to take literally what you are asked to say .... Redchin also accused an article by TechCrunch last week that imprecisely early warned that the firm had been closed due to the acceleration of the BlackJet shutdown.

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