Delta Private Jets and Wheels Up will have over 190 private aircraft
The deal is expected to close in early 2020, subject to closing conditions and required governmental and regulatory approvals
Delta will take an equity stake in Wheels Up becoming its largest shareholder
Financial terms of the transaction are not being disclosed
The transaction sets up a three-horse race with Directional Aviation and Vista Global as they battle market leader NetJets
Wheels Up’s busy 2019 included raising more money, acquiring light jet operator TMC Jets, tech platform Avianis, expanding its jet sharing membership, plus launching fixed-rate programs for light and super-midsize jets
Last week it announced a major revamp of its own jet membership programs
Is Wheels Up now poised for international expansion?
Wheels Up and Delta Air Lines this morning are announcing they have reached a definitive agreement to combine their private jet businesses.
“This groundbreaking partnership will democratize private aviation – making the convenience of private jet travel accessible to more consumers,” said Delta CEO Ed Bastian.
RISE is targeting fliers traveling privately 15 hours per year
Vista Global has also dropped references to JetSmarter in its XO branding
XO, which was formed by the merger of JetSmarter and XOJET, is making more tweaks to its membership offerings.
The biggest is the launch of RISE, a new tier targeting private travelers who fly less 15 hours per year.
It is priced at $595 and joins Select Access, Signature Access and Elite Access in the XO line-up membership line-up.
In a press release, the company said, “RISE makes private
aviation more accessible and valuable for those who seek to use it more
frequently – or have never experienced it – as well as those who fly private
regularly, but are not
getting the elevated service, flexibility and quality aircraft they deserve.”
It’s the fourth King Air to be painted as part of philanthropic initiatives from Wheels Up Cares
Wheels Up yesterday unveiled a camouflage-painted Beechcraft
King Air 350i aircraft as part of its Wheels Up Cares philanthropic initiative.
The Wheels Up Camouflage Plane has a custom livery that was
created and painted by Textron Aviation Inc. and honors those in the military
who bravely served and continue to serve our country, while benefiting the
Tragedy Assistance Program for Survivors (TAPS), a non-profit organization that
offers compassionate care to those grieving the loss of a military loved one.
The Camouflage Beechcraft King Air 350i will remain
indefinitely in the Wheels Up fleet to serve as a flying symbol of TAPS’ mission.
Available to its jet card program members now, VistaJet
expects to have six Global 7500s flying by the end of 2020
Vista Global’s VistaJet will put the first of six Bombardier Global 7500 ultra-long-range private jets into service starting in January 2020. Members of its Program, the private jet charter operator’s version of a jet card and alternative to fractional ownership, can start reserving flights as of today. The company has said it has orders and options for as many as 30 of the new jets.
The moves follow the merger of XOJET and JetSmarter earlier this summer
Two former top executives are exiting XO, formerly XOJET, following its recent combination with JetSmarter. Gregg Slow, president of enterprise at XO has left while James Henderson, president of commercial operations will join Exclusive Resorts LLC as CEO in October it was announced last week.