Wheels Up Secures $332 Million Revolving Financing Facility and ...
5 hours ago · The company's new $332 million revolving equipment notes facility, backed by credit support from Delta Air Lines, refinanced Wheels Up's existing owned fleet, financed the purchase of GrandView's ...
How Delta Air Lines’ Ed Bastian Saved Private Jet Company Wheels Up
3 days ago · Delta agreed to sell its Delta Private Jets unit to Wheels Up for a 28% stake. Jun. 3, 2019 – Wheels Up buys TMC Jets and for the first time, becomes the actual operator of its flights. Aug. 8 ...
Wheels Up Secures $332 Million Revolving Financing Facility and ...
5 hours ago · New Bank of America-led facility, with Delta Air Lines credit support, provides growth flexibility as Wheels Up expands its fleet with GrandView Aviation assets to enhance customer experience ...
Delta CEO Sees Wheels Up Partnership Adding Value
1 day ago · Delta Air Lines CEO Ed Bastian discusses what President-elect Donald Trump's second administration means for the airline industry and Delta's partnership with Wheels Up. Wheels UP CEO George ...
Delta is backing this Atlanta private jet company. Here's why
6 days ago · Stabilizing the business. Wheels Up, as it exists today, was formed in 2019 when Delta spun off its Delta Private Jets subsidiary into a merger with Wheels Up. Delta took on an equity stake in ...
Wheels Up Aligns With Delta To Offer Hybrid Travel Options
1 day ago · MIAMI—Expect more synergies to emerge between Wheels Up, the on-demand private aviation company, and its shareholder and strategic partner Delta Air Lines as fliers see options to mix and match ...
Delta ‘More Confident Than Ever’ in Wheels Up Despite …
Oct 23, 2024 · After buying 95% of the company in 2023 alongside a group of other investors, Delta is pledging more support for private jet firm Wheels Up. On Tuesday, the company announced sweeping changes to its fleet strategy along with more financing.
Wheels Up finalizes new investment with Delta, Certares ...
Sep 20, 2023 · Wheels Up Experience (NYSE: UP) today announced that it has closed the previously announced investment by Delta Air Lines, Certares Management LLC, Knighthead Capital Management LLC and Cox Enterprises.
Wheels Up, Delta Air Lines Close On $500 Million Rescue Package - Forbes
Sep 20, 2023 · Five weeks after announcing a rescue package led by Delta Air Lines, Wheels Up said the deal has closed. It comes after continued losses, deteriorating cash and reports by CNBC, The Wall...
Delta, New Investors Keep Wheels Up Flying; Here’s Why And ... - Forbes
Aug 15, 2023 · Delta and the owner of a major travel agency group will control 95% of Wheels Up after a $500 million investment announced this morning. Here what it could mean.