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Delta Air Lines

Delta Air Lines extends Wheels Up lock-up for another year

news
Fayaz Hussain
26 May 26
0

Delta Air Lines has agreed to extend its lock-up restriction on all Wheels Up shares for a further year, until May 22nd, 2027. The extension…

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Wheels Up replaces jets, revenue and loss down, raises new debt

news
Fayaz Hussain
11 May 26
0

$168.9m revenue, down 5% compared with the first quarter of 2025. Wheels Up jet fleet doubles year-on-year to 36 Challengers and Phenom 300s, replacing Hawker…

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Wheels Up King Air

Wheels Up launches SAF programme

news
Fayaz Hussain
6 May 25
0

Private aviation company Wheels Up announced the launch of sustainable aviation fuel (SAF) programme to advance sustainable private aviation. Under the programme, Wheels Up charter…

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Wheels Up adds Phenom fleet; secures $332m financing

news
Fayaz Hussain
14 Nov 24
0

Wheels 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…

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Bombardier

Wheels Up buying GrandView fleet, switching to Phenom and Challengers, agrees $332m Delta backed-loan

news
Alasdair Whyte
22 Oct 24
0

Wheels Up is simplifying its jet aircraft fleet and plans to only operate Embraer Phenom 300 and Bombardier Challenger 300 jets. It has agreed to…

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Wheels Up’s lead investors extend lock-up to September 2025

news
Alasdair Whyte
23 Sep 24
0

Delta 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…

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NetJets announces 1,500 Textron jet deal just as Wheels Up gets $500m

opinion
Alasdair Whyte
25 Sep 23
0

It is a proven fact that 100% of people who do not understand the difference between causation and correlation will die. But is there a…

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Jet.Ai and Wheels Up: A tale of two stocks

opinion
Alasdair Whyte
21 Aug 23
0

Mike 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…

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Wheels Up getting $500m debt from Delta, Certares and Knighthead in return for 95% of company

news
Alasdair Whyte
15 Aug 23
0

Delta Air Lines, Certares Management and Knighthead Capital Management have agreed to lend $500m in debt in return for 95% of Wheels Up. Certares and…

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Delta shows it is backing Wheels Up, Airshare in talks to buy management, Air Partner next?

news
Alasdair Whyte
9 Aug 23
0

Rather 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…

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BREAKING – Wheels Up gets Delta ‘capital infusion’, announces LoI with Airshare

news
Yves Le Marquand
9 Aug 23
0

Wheels 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…

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Why would anyone want to list?

opinion
Alasdair Whyte
9 Aug 23
0

It 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…

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OMW: Jobs & recruitment in aviation – tell me more

news
Mike Stones
17 Jul 23
0

Last 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…

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Jobs and recruitment in business aviation

opinion
Mike Stones
17 Jul 23
0

Steve 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…

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Wheels Up and Delta focused on growing corporate customers

news
Alasdair Whyte
7 Jun 23
1

The 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…

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