A member of FBO Million Air’s board joins the Wheels Up board with former Bombardier CEO Alain Bellemare; Wheels Up Founder and former Chairman/CEO Kenny Dichter resigns board seat
The first days of new ownership at Wheels Up are seeing more of Delta Air Lines’ input. That includes extending the formal commercial agreement between the airline and private jet flight provider.
In advance of closing its $500 million, Delta Air Lines-led financing, Wheels Up has now received $70 million since the beginning of August
Wheels Up received an additional $10 million from Delta Air Lines on Sept. 14 as a fourth amendment to its original secured promissory note of Aug. 8.
Delta Air Lines and Wheels Up are partnering on at least three television sponsorships as the latest move showing how the Atlanta-based airline plans to boost the private jet company.
Private jet flight provider Wheels Up, which is trying to show customers and the market a turnaround, will announce its Q2 financial results on Aug. 9, 2023
Wheels Up will hold its 2023 Second Quarter earnings call at 10 am on Aug. 9, 2023.