Wheels Up celebrates first anniversary
Today is the first anniversary of Wheels Up, the private aviation company set up by Kenny Dichter.
Wheels Up celebrates its one year anniversary this August, having signed up 575 members and taken delivery of 25 aircraft in its first year of operation.
The company has also established strategic alliances with Beechcraft, Cessna, Jet Aviation, JetSuite, HeliFlite, and VistaJet.
According to Kenny Dichter, Wheels Up is expected to finish 2014 as planned with 1,200 members and more than 40 aircraft in the programme. The company has raised more than $75 million of equity from more than 300 individuals, many of whom are already members.
The business model and concept has been embraced by a number of well-know figures from the worlds of business, sports and entertainment, including Nick Faldo, Mark Teixeira, Kirk Herbstreit, David Diehl and Billy Bush.
ALSO READ: Everything you need to know about Wheels Up
“This is an exciting time for everyone at Wheels Up,” says Dichter. “In a very short time, we have disrupted the private aviation industry with our membership model and access to a variety of aircraft, our focus on safety and stellar customer service and our exclusive partners.
“We are attracting an entirely new segment of flyers with the King Air 350i as our entry-level aircraft, as well as catering to the experienced flyer.”
David Baxt, co-founder and president of Wheels Up spoke at the Corporate Jet Investor conference in London in February 2014 and introduced Wheels Up to those in attendance.
Dichter says: “By the end of 2014, Wheels Up will have 27 brand new King Air 350i aircraft and 10 Citation Excel/XLS aircraft in the market and access to three to five brand new VistaJet Global 5000s.
“We are planning to shortly launch proprietary technology for a cutting-edge booking and rideshare application for our members, which will enable further social engagement and put us further ahead of other aviation companies.”