Membership-based private aviation company Financials as of December 31, 2021[update][1]
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.
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Global Information
US$1.19 billion (2021)
US$−190 million (2021)