Wheels Up’s SPAC reveals revenue, profitability, membership, fleet size and more

Wheels Up

Wheels Up ended 2020 with 10,995 active members and $690 million in revenues. It’s forecast to reach $912 million this year

Will Wheels Up be the first private jet company with its own co-branded credit card?

The private aviation company sees a future for the Wheels Up brand in luxury lodging, yachts, and experiences to credit cards and financial services

Wheels Up is going public via a SPAC. It’s provides a rare look into the world of private jet companies, which are either privately held or subsidiaries of large publicly traded companies, with limited public data.

Wheels Up adds long-flight rate cap

Wheels up Citation X

Flights between the East Coast and Western U.S. are now capped at $29,995, plus FET

Wheels Up is already leveraging its purchase of Citation X operator Mountain Aviation two weeks ago. It’s rolling out a rate cap on flights between the East Coast and Western U.S.

You can buy Wheels Up at Costco, but should you?

Wheels Up

Wheels Up has been selling its core membership via Costco for years. The offering is getting more attention after The Washington Post recently highlighted it. Is it a good deal?

Hint: It depends on if you choose to fund a Wheels Up deposit account

Since 2016 Wheels Up has been selling memberships in its pay-as-you-go jet card memberships via Costco on a seasonal basis. It’s not alone when it comes to other high-end products and services. You can buy diamonds and luxury cruises at the discount retailer.

Wheels Up unveils major program enhancements

Wheels Up

Wheels Up becomes the first major jet card provider to offer four guaranteed availability jet cabin categories and a turboprop program on a national basis

What a difference a year makes. At this time last year, rumors were swirling. Wheels Up was expanding beyond its core King Air 350i and Citation Excel fleet with an off-fleet light jet program.

The new programs, effective January 2nd, will offer dynamic trip pricing with capped hourly rates and guaranteed availability nationwide. They will run across five cabin categories, from its King Air 350i fleet to light, midsize, super-midsize, and large jets.

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