 | |||||||
| |||||||
| Founded | 2013 | ||||||
|---|---|---|---|---|---|---|---|
| Fleet size | 185 | ||||||
| Parent company | Delta Air Lines | ||||||
| Traded as | NYSE: UP | ||||||
| Headquarters | New York City, U.S. | ||||||
| Key people |
| ||||||
| Founders |
| ||||||
| Revenue |  US$1.19 billion (2021) | ||||||
| Operating income | US$+203 million (2021) | ||||||
| Net income |  US$−190 million (2021) | ||||||
| Total assets | US$1.98 billion (2021) | ||||||
| Total equity | US$730 million (2021) | ||||||
| Employees | 2,500+ | ||||||
| Website | wheelsup | ||||||
| Notes | |||||||
Wheels Up is a provider of "on demand" private aviation in the United States and one of the largest private aviation companies in the world.[2] It was founded in 2013 by Kenny Dichter, using a membership/on-demand business model.[3] Wheels Up members can book private aircraft from the company fleet and third-party operators using a mobile application.[4]
The company was purchased by Delta Air Lines in August 2023, who bought a 95% share to rescue the company from financial troubles.[5]
- ^ "Wheels Up Experience Inc. 2021 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 10, 2022.
- ^ "Wheels Up Announces Date of First Quarter 2022 Earnings Release and Conference Call". markets.businessinsider.com. Retrieved April 29, 2022.
- ^ Louise, Nickie (August 9, 2019). "Private aviation startup Wheels Up raises $128 million funding at $1.1 billion". Tech Startups.
- ^ "Wheels Up Announces Date of First Quarter 2022 Earnings Release and Conference Call". finance.yahoo.com. Retrieved April 29, 2022.
- ^ Phelps, Mark (August 15, 2023). "Delta Swoops In, Takes A 95 Percent Interest In Troubled Wheels Up". AVweb. Archived from the original on August 16, 2023. Retrieved August 16, 2023.
© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search