The money raised will be used to drive the US company’s growth which focuses on light and very light jets.

The investment is also spreading to sister company JetSuiteX which focuses on underserved short haul markets and small airports in the US.

The money will drive faster expansion of the airline’s Embraer fleet, bringing new destinations up on the radar.

Qatar Airways Group chief executive Akbar Al Baker said: “We are delighted to have the opportunity to invest in such unique business as JetSuite and JetSuiteX; we believe that both businesses are complementary to Qatar Airways’ business and maintain the core values and customer focus of our own business."

JetSuite and JetSuiteX founder and chief executive Alex Wilcox said: “As an innovator in private aviation, we are proud to have attracted the attention of one of the world’s highest rated and fastest growing airlines."