Wheels Up adds Phenom fleet; secures $332m financingnews Fayaz Hussain 14 Nov 24 0Wheels Up Experience announced successful closure of $332m revolving equipment notes facility with Bank of America and completed the acquisition of GrandView Aviation’s 17 Embraer… Read more
Wheels Up buying GrandView fleet, switching to Phenom and Challengers, agrees $332m Delta backed-loannews Alasdair Whyte 22 Oct 24 0Wheels Up is simplifying its jet aircraft fleet and plans to only operate Embraer Phenom 300 and Bombardier Challenger 300 jets. It has agreed to… Read more
Wheels Up’s lead investors extend lock-up to September 2025news Alasdair Whyte 23 Sep 24 0Delta Air Lines, CK Wheels and Cox Investment have agreed to restrict any sale of the shares by another year to September 20, 2025. Two other investors Kore Capital… Read more
NetJets announces 1,500 Textron jet deal just as Wheels Up gets $500mopinion Alasdair Whyte 25 Sep 23 0It is a proven fact that 100% of people who do not understand the difference between causation and correlation will die. But is there a… Read more
Jet.Ai and Wheels Up: A tale of two stocksopinion Alasdair Whyte 21 Aug 23 0Mike Winston discovered one of the great secrets of the capital markets two weeks ago. As Jet.AI Aviation, the Las Vegas operator and technology company… Read more
Wheels Up getting $500m debt from Delta, Certares and Knighthead in return for 95% of companynews Alasdair Whyte 15 Aug 23 0Delta Air Lines, Certares Management and Knighthead Capital Management have agreed to lend $500m in debt in return for 95% of Wheels Up. Certares and… Read more
Delta shows it is backing Wheels Up, Airshare in talks to buy management, Air Partner next?news Alasdair Whyte 9 Aug 23 0Rather than getting second-quarter results, today we were told that Delta is putting cash into Wheels Up and that it is in talks to sell… Read more
BREAKING – Wheels Up gets Delta ‘capital infusion’, announces LoI with Airsharenews Yves Le Marquand 9 Aug 23 0Wheels Up has received a short-term “capital infusion” from Delta Air Lines as it continues discussions around strategic business partnerships. The value of that capital… Read more
Why would anyone want to list?opinion Alasdair Whyte 9 Aug 23 0It is just over two years ago since Wheels Up’s management team rung the bell at the New York Stock Exchange. The company started trading… Read more
OMW: Jobs & recruitment in aviation – tell me morenews Mike Stones 17 Jul 23 0Last week’s CJI One Minute Week (OMW) canvassed industry views about the challenges of recruiting aviation industry professionals. Business aviation alone will need to hire… Read more
Jobs and recruitment in business aviationopinion Mike Stones 17 Jul 23 0Steve Jobs, co-founder of Apple knew a thing or two about hiring talent. “It doesn’t make sense to hire smart people and then tell them… Read more
Wheels Up and Delta focused on growing corporate customersnews Alasdair Whyte 7 Jun 23 1The fastest growing part of Wheels Up is its enterprise programme. The corporate team produces about a quarter of all sales. Wheels Up’s corporate enterprise… Read more
