Wheels Up is streamlining sales and operations and achieving initial efficiencies from fleet simplification and better aligning its overhead cost structure.
Wheels Up and Marquis Jet founder Kenny Dichter is back in the aircraft business with the launch of Real Jet, a boutique private aviation brokerage firm.
Wheels Up Experience posted a 3% decline in revenue during the second quarter of 2025 along with a 15% improvement in net losses, compared to a year ago.
Bombardier has not named the customer for a large fleet order of 50 Challenger and Global business jets with options for 70 more–plus a service agreement.
Wheels Up CEO George Mattson talks to BCA's Jeremy Kariuki about its new fleet and how the company has evolved since its relationship with Delta began.
Wheels Up's Kristen Lauria speaks about company developments, her path to leadership and the importance of mentorship for young women joining the industry.
On the verge of bankruptcy more than a year ago, Wheels Up, a provider of on-demand private flights, is now in a “very different place," CEO George Mattson tells the Aviation Week Network. “It was a whole team effort.”
After seven quarters of revenue contraction, Wheels Up’s business has stabilized and is positioned for a profitable 2025, company officials said as they reported third-quarter (Q3) 2024 financials.
The transition is partially fueled by acquisition of GrandView Aviation’s entire fleet of 17 Phenom 300 and 300E aircraft at a purchase price of $105 million.
Wheels Up lead investors will extend the lock-up restriction with shares of Wheels Up common stock issued under its investment agreements until Sept. 20, 2025.
