Tag: Air Partner

Air Partner is a U.K.-based private aviation services company that is publicly traded. It offers both jet cards and on-demand charters to customers who fly in North America, Europe, and the Middle East.

Dichter resigns as Wheels Up revamps jet card program; reports Q1 financials

May 8, 2023May 9, 2023by Doug Gollan

Wheels Up’s Founder and CEO Kenny Dichter steps down; Core Membership program restructured into East and West zones

Wheels Up Founder, Chairman and CEO Kenny Dichter is stepping down immediately. CFO Todd Smith becomes Interim CEO. Board Member Ravi Thakran becomes Executive Chairman. At the same time, the company is restructuring its capped-rate Core membership program, per a flurry of press releases issued this morning.

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Wheels Up: 2022 Q4 revenues, loss increase, and what’s next?

March 9, 2023March 10, 2023by Doug Gollan

As Wheels Up completes a year to forget, lower demand may provide the tailwind it needs to achieve its 2024 profitability goal

Increasing expenses continued to plague Wheels Up in 2022 as it recorded record revenues and higher prepaid block sales, countered by growing losses. It also made another executive change and announced discounted pricing on its King Air 350 fleet, a potential sign of things to come.

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