Wheels Up recently opened its private jet charter app to non-members. Here’s our review
Move over Costco. When I read in Wheels Up’s merger filings that it quietly began allowing non-members to access its app, I decided to check it out. Until then, you had to pay $2,950 for the privilege. Allowing non-members to book on the app at less favorable terms seems a no-brainer.
Kansas basketball coach is receiving $240,000 in Wheels Up flight credits annually as part of a new contract the college basketball coach just signed
Wheels Up may soon have a new ambassador in the form of super successful head basketball coach Bill Self. The University of Kansas disclosed that Self gets $240,000 in annual flight credits as part of his new lifetime contract to coach the team.
Private aviation could see record demand in the coming months, says Wheels Up’s Kenny Dichter
Speaking on Dow Jones Marketwatch, Wheels Up’s Kenny Dichter says he thinks “when business travel and traditional vacation come back online, you may see 125%, 150% sort of demand levels.”
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.