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.
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.
XO plans to expand both fixed and dynamic pricing jet memberships to Europe by 2020
With the “heavy lifting” of the XOJET-JetSmarter integration behind it, Vista Global chairman Thomas Flohr tells Private Jet Card Comparisons the company will roll out memberships for its rebranded XO in Europe as early as second quarter 2020.
Additionally, the company is making a major change in how it sells both on-demand private jet charter as well as pricing options for its dynamic pricing jet card membership programs.
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.
Collins Aviation’s LuxStream connectivity services will be fitted across Vista Global’s fleet of 116 long-range large cabin and super-midsize private jets
LuxStream promises 25 megabits per second across the US; 15 megabits per second globally
Calling it a “game-changing development for Vista Global members’
in-flight experience” and “unprecedented,” Vista Global today said it is the
launch partner for LuxStream from Collins Aerospace Systems.
In a press release, Vista Global promises the partnership will “provide private aviation customers with the fastest broadband speeds available.” It called the move “a further demonstration of Vista Global bringing the latest and most innovative technology to market and driving radical technological change across the private aviation industry.”