Wheels Up plans $30 million in savings via non-operational headcount reduction

Wheels Up

Targeting EBITDA profits in 2024, Wheels Up is cutting $30 million in employee costs, excluding pilots, frontline maintenance, and other customer-facing roles

In an email sent this afternoon to employees and a follow-up 8-k filing, Wheels Up said it will cut annual employee expenses by $30 million.

For jet card and private jet charter buyers, the forecast is sun, clouds, rain, or snow

private jets in Miami

During the annual private jet Schedulers & Dispatchers Conference held this week in Nashville, the forecast was varied. Here’s what it could mean to you

There are two questions I get most often from buyers of private jet flights, either through on-demand private jet charter, jet cards, or fractional ownership. When will the prices go back down? And when will the reliability go back up?

Wheels Up COO Bergeson to retire next month

Wheels Up

Wheels Up Chief Operating Officer Tom Bergeson, who joined the company in 2020, will retire in August

A second C-suite executive is leaving Wheels Up in as many months. Chief Operating Officer Tom Bergeson is retiring.

FlyExclusive orders up to 30 Citation CJ3+s, moves into fractional ownership

Citation CJ3

Fast-growing FlyExclusive is making its first new aircraft order and expanding from charter and jet cards into fractional ownership

Kinston, North Carolina-based FlyExclusive has entered into a purchase agreement with Textron Aviation for up to 30 new Citation CJ3+ light jets. The fifth-largest operator in North America will also enter the fractional ownership market.

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