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Gulfstream Aerospace celebrates flight test program milestone

Gulfstream Aerospace has reflected on the first ten flight tests for the Gulfstream G500 and Gulfstream G600 jets. The jets are twin-engine, with the G500 replacing the G450. The G500 has a range of 5,000 nautical miles (9,260km) at Mach 0.85, with nonstop flights connecting distant cities such as Istanbul to Cape Town, Los Angeles to London, and San Francisco to Tokyo. The G600 can fly 4,800 nautical miles (8,890km) at a high-speed cruise of Mach 0.90, and seats up to 19 passengers, with room for nine to sleep.

19th September 2017



Dassault's Falcon 5X jet takes its first flight

Fractional-share provider PlaneSense has completed a five-yearly functional test of its emergency fire extinguishing system in its 40,000ft2 hangar at its Portsmouth International Airport headquarters in New Hampshire.

29th August 2017

This month (October), Business Airport International would like to know, which of these statements best describe your awareness of GDPR?

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Victor seals US$20m in series B investment

UK-based jet charter company Victor has raised US$20m in its Series B fundraising round, bolstered by a US$10m commitment from BP investment arm BP Ventures.

The funding will enable Victor to expand into a new transactional B2B marketplace, connecting suppliers, brokers and other service providers. Victor has already confirmed a commercial agreement with Air BP to become the preferred fuel supplier for the charters it arranges at Air BP locations. The charter firm will also grow its B2C service across new geographical territories.

Clive Jackson, CEO and founder, Victor, said, “I am proud to welcome BP Ventures as a strategic, cornerstone investor. Their track-record for identifying forward-thinking innovative businesses that can deliver sustained growth speaks for itself.

“Receiving backing from a major, legitimate institutional investor like BP is a strong endorsement of our management team and our strategic vision to reshape the general aviation market. This is a hugely exciting step forward in the company’s evolution.”

David Gilmour, vice president of BP’s group technology business development, added, “The digital revolution is changing the face of the energy industry and BP is at the forefront. BP Ventures has now completed five deals in less than a year. Victor’s business and ambition aligns with our priorities around digital innovation and low carbon.

"We look forward to advancing our relationship with Victor. We are committed to being a long-term value investor and strategic partner while encouraging Victor’s entrepreneurial spirit and drive.”

Victor, headquartered in London with offices in New York and California, has now raised US$44.45m of funding since its launch in 2011.

September 25, 2017

Written by Kirstie Pickering


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