CJI SHORTLISTED IN THE 2024 AEROSPACE MEDIA AWARDSnews Mike Stones 14 Jun 24 0Corporate Jet Investor has been shortlisted in the 2024 Aerospace Media Awards for two articles published in our publication Corporate Jet Investor Quarterly (CJIQ). Both… Read more
Wheels Up’s profit planopinion Alasdair Whyte 10 May 24 0This time last year there was a lot of noise around Wheels Up. The company had just announced that Kenny Dichter, its founder, was stepping… Read more
CJIQ323 features Wheels Up, Dassault, Airbus and the late Hamish Hardingnews Mike Stones 15 Dec 23 0The latest edition of Corporate Jet Investor Quarterly (CJIQ) features Wheels Up, Dassault and a celebration of the late Hamish Harding, former chair of Action… 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
New Wheels Up CEO, new Flexjet HQopinion Alasdair Whyte 18 Sep 23 0Last week was an exciting one for two of the largest operators. Kenn Ricci and his team got to celebrate their new headquarters. Wheels Up… 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
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
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
NetJets orders, Vista launches trading, Kenny leaves Wheels Up opinion Alasdair Whyte 16 May 23 0Last week was a long one in business aviation. Kenny Dichter has left Wheels Up. NetJets has placed options for 250 Praetor 500s. Vista Global… Read more
Wheels Up reports further losses in Q1news CJI Expert 9 May 23 0Wheels Up suffered further losses in the first quarter (Q1) of the year, reporting net losses of $100.9m, compared with $88.7m in Q1 2022. Both… Read more
Breaking news: Kenny Dichter steps down as CEO of Wheels Upnews CJI Expert 9 May 23 0Kenny Dichter has stepped down as CEO of Wheels Up after a decade in the role. Dichter founded the company in 2013 and took it… Read more
Wheels Up adds to senior management teamnews CJI Expert 3 May 23 0Wheels Up has appointed David Godsman as its first chief digital officer and Kristen Lauria as its new chief customer and marketing officer to “drive… Read more
Wheels Up sales hit $1.58bn in 2022, loses $375m, recommits to profit in 2024news Alasdair Whyte 9 Mar 23 0Wheels Up’s full year sales rose 32% in 2022 to $1.579bn with the company losing $507m including a $132m non-cash goodwill impairment. Without this accounting… Read more
Wheels Up cuts staff to save $30m in costsnews CJI Expert 2 Mar 23 0Wheels Up has announced it is cutting staff to save $30m annually to deliver EBITDA profitability next year. The company said the cuts will not… Read more
Video: Kenny Dichter on what is next for Wheels Up in 2023news Alasdair Whyte 23 Dec 22 0Wheels Up CEO Kenny Dichter on: The challenges of a being listed company How profit is a bigger priority now European expansion opportunities His view… Read more
Wheels Up adds to ‘Amazon for Aviation’ with partnership with KKR’s AIrMednews Alasdair Whyte 22 Nov 22 0AirMed, the global air medical transportation company, has chosen Wheels Up as its exclusive aviation partner. Wheels Up will sell a new membership product that… Read more
Wheels Up’s sales rise and losses grow, as president role cutnews CJI Expert 14 Nov 22 0Wheels Up grew its membership in the first nine months of the year but made a loss of $86.8m. It has also scrapped the role… Read more
Wheels Up pledges 2024 profitopinion Alasdair Whyte 15 Aug 22 0Wheels Up announced strong second quarter sales growth – with sales up 49% in the last year – but the biggest announcement is that the… Read more
Wheels Up’s Q2 2022 headwinds and tailwinds – sales up 49%, loses $93mnews Alasdair Whyte 12 Aug 22 0Wheels Up, the business aviation membership company, has announced strong sales of $425.5m for its second quarter of 2022. This is up 49% compared to… Read more
Corporate Jet Investor shortlisted for three Aerospace Media Awardsnews Mike Stones 14 Jul 22 0Corporate Jet Investor has been shortlisted for three Aerospace Media Awards, ahead of the awards ceremony this Sunday, July 17th. The shortlisted entries are for… Read more
