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
Wheels Up agrees deal for Portside to acquire licensing rights for Avianisnews Mike Stones 6 Jul 23 0Wheels Up has agreed a licence with Portside for the technology and software solutions provider to market, service and develop the Avianis fleet management system.… 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
Brian Foley – ‘Wheels off at Wheels Up’news CJI Expert 25 May 23 0Wheels Up was to have been the follow up story to its founder’s previous successful foray into private aircraft charter. Instead, he just stepped down… 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 receives delisting noticenews CJI Expert 4 Apr 23 0Update – April 14th, 2023: Wheels Up has now received a delisting notice from the New York Stock Exchange (NYSE) due to its share price… Read more
The business aircraft operator M&A boom is overopinion Alasdair Whyte 12 Mar 23 0The past few years have not only been a sellers’ market for aircraft owners, they have also been a great time to sell aircraft operators.… 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
Kenn Ricci: How new capital is reshaping business aviationnews Alasdair Whyte 12 Jan 23 0What an influx of new capital means for business aviation How ‘irrational’ capital can be lured by the ‘glamour’ of aviation The impact on smaller… Read more
Wheels Up becomes official partner of the World Equestrian Centernews CJI Expert 9 Jan 23 0Wheels Up is now the official private aviation and hospitality partner for the World Equestrian Center (WEC) based in Ocala, Florida. The company will be… 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
Celebrating charteropinion Alasdair Whyte 21 Nov 22 0The Air Charter Association held its annual Air Charter Excellence Awards last week. While the seven award winners were all happy, after a record year… Read more
Wheels Up partners with MAG Aerospace to increase pilot hiresnews CJI Expert 18 Nov 22 0Wheels Up has partnered with aerospace defence company MAG Aerospace to expand career opportunities for pilots through their joint Pathway Development Program. 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
