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Ed Bastian

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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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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Delta still up on Wheels Up

opinion
Alasdair Whyte
5 Aug 24
0

Wheels Up celebrated its 11th Birthday this week. It is hoping to make a profit before it turns 12. It really needs to do this.…

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CJIQ323 features Wheels Up, Dassault, Airbus and the late Hamish Harding

news
Mike Stones
15 Dec 23
0

The latest edition of Corporate Jet Investor Quarterly (CJIQ) features Wheels Up, Dassault and a celebration of the late Hamish Harding, former chair of Action…

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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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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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The history of Wheels Up which wants to be”the Amazon of business aviation”

news
Alasdair Whyte
1 Oct 21
0

Wheels Up is set for a listing on the New York Stock Exchange in mid-2021. Here’s how founder Kenny Dichter planned the journey to Wall…

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