With its fleet geographically concentrated, Wheels Up is rolling out lower capped hourly rates and daily minimums effective June 26, 2023
Under Kenny Dichter, Wheels Up wanted to be the Amazon of private aviation, offering something for everyone. Under Interim CEO Todd Smith, the goal is to be highly efficient and focused. Like Walmart, the plan is to stack them high and sell them cheap.
Continue reading “Wheels Up cuts flight pricing up to 26% under new flight services agreement”
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.
Continue reading “Dichter resigns as Wheels Up revamps jet card program; reports Q1 financials”