Wheels Up raises $260m for investmentnews CJI Expert 20 Oct 22 0Wheels Up has raised $259m through mortgaging its owned aircraft, the proceeds of which will be used to add “financial flexibility” to the business. Read more
Bluetail completes new software for charter aircraft #NBAAnews CJI Expert 18 Oct 22 0Aircraft records platform Bluetail has developed a to its software portfolio that aims to reduce the time to perform conformity inspections by 50%. Bluetail’s Mach… Read more
Priester/Mayo – a family acquisition – One Minute Weekopinion Alasdair Whyte 20 Sep 22 0The first nine months of 2022 have seen some significant operator acquisitions. Global Medical Response bought GrandView Aviation; Wheels Up acquired Alante Air Charter; and… 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
Wheels Up launches partnership with ATP Flight School to build pilot pipelinenews Alasdair Whyte 9 Aug 22 0Wheels Up partnership with ATP Flight School is designed to help NYSE:UP find future pilots to match demand. 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
Wheels Up appoints executive vice president of fleet operationsnews CJI Expert 8 Jul 22 0Charter firm Wheels Up has appointed Rob Cords as executive vice president of fleet operations and infrastructure. In his new role, Cords will lead all… Read more
Wheels Up acquires Alante Air Charternews Yves Le Marquand 4 Feb 22 0The acquisition of Arizona-based Part 135 operator, Alante Air Charter will help Wheels Up “strengthen its operational efficiencies and scale its marketplace”. Founded in 2014,… Read more
Why Wheels Up is buying Air Partnernews Alasdair Whyte 27 Jan 22 0By buying Air Partner, one of the world’s largest charter brokers, Wheels Up gains immediate access to many European business jet flyers – as well… Read more
Wheels Up plans to acquire Air Partnernews Mike Stones 27 Jan 22 0Wheels Up plans to acquire Air Partner in a deal that values the UK-based global aviation services group at about $107m. The acquisition, which is… Read more
Wheels Up third quarter revenues up but earnings downnews Yves Le Marquand 11 Nov 21 0Wheels Up has reported record revenues for the third quarter (Q3). The firm posted a 55% increase year-over-year (YoY) to $302m, whilst its membership grew… Read more
The history of Wheels Up which wants to be”the Amazon of business aviation”news Alasdair Whyte 1 Oct 21 0Wheels 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… Read more
Wheels Up appoints Julia Zhang as senior vp Pricing and Revenue Management news Mike Stones 13 Sep 21 0Wheels Up has appointed Julia Zhang as senior vice president of Pricing and Revenue Management. In her new role, Zhang will focus on developing and implementing data-driven profitable… Read more
Wheels Up partners with RedTail academy to open New York branchnews Mike Stones 10 Sep 21 0Wheels Up is partnering with the RedTail Flight Academy to open a flight academy at New York Stewart International Airport in New Winsor, New York… Read more
Wheels Up lists on NYSE: ‘Bright light shining on our industry’news CJI Expert 15 Jul 21 0Kenny Dichter rang the closing bell on the New York Stock Exchange on July 14th. Wheels Up, the company he founded in 2013, is now… Read more
Wheels Up starts trading on NYSEnews Alasdair Whyte 14 Jul 21 0Wheels Up Experience Inc will today start trading on the New York Stock Exchange under the ticker UP (NYSE: UP). It is the first dedicated… Read more
Wheels Up hopes to list on July 13thnews Alasdair Whyte 25 Jun 21 0Aspirational Consumer Lifestyle Corp. the special purpose acquisition company (SPAC) buying Wheels Up, has set July 12th, 2021 as the meeting date for the extraordinary… Read more
CJI Quarterly cover story: Wheels Up’s way to Wall Streetnews Mike Stones 25 May 21 0Wheels Up’s journey from its 2013 launch to its forthcoming listing on the New York Stock Exchange is the cover story in the latest edition… Read more
Wheels Up reveals record Q1 revenue and reduced net lossnews Mike Stones 21 May 21 0Wheels Up has posted 68% revenue growth to reach $261.7m and a $12.3m reduction in net loss in first quarter (Q1) results, ahead of its… Read more
