Jets.com offers December discounts on jet cards

Jets.com

Hourly rates start at $5,188 for a light jet and range up to $10,588 for a large cabin aircraft

December generally means jet card deals, and Jets.com is continuing that approach.

Through the end of the year, Jets.com has reduced both prices and the number of hours customers need to buy.

Wheels Up has purchased Travel Management Company

Wheels Up

The deal, which is being announced this morning, and closed Friday, adds 26 light jets to the Wheel Up fleet

Wheels Up announced this morning that it has closed a deal to acquire Elkhart, Indiana-based Travel Management Company (TMC), a significant fleet operator of owned and leased light jets serving the on-demand charter market. The deal will increase the current Wheels Up fleet to 119 owned and leased aircraft. Terms of the deal were not disclosed.

For Wheels Up founder Kenny Dichter, who helped popularize jet cards by launching Marquis Jet Partners in 2001 before selling it to NetJets in 2010, the move comes after he announced in January he had hired Goldman Sachs and Bank of America to provide advice on strategic options.

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