Wheels Up and Delta Air Lines have reached a definitive agreement for Delta Private Jets, a wholly-owned subsidiary of Delta, to combine with Wheels Up. The transaction will pair Wheels Up’s membership programs, digital platform and lifestyle experiences with Delta Private Jets existing infrastructure to create a partnership with a fleet of more than 190 private aircraft and over 8,000 members and customers.
Wheels Up and Delta Private Jets Agree to Combine in 2020
Key Takeaways:
- Wheels Up and Delta Private Jets (a Delta Air Lines subsidiary) are combining to create a new private aviation partnership.
- This transaction aims to democratize private aviation by integrating Wheels Up's digital platform with Delta's global network, making private travel more accessible.
- The combined entity will operate a fleet of over 190 private aircraft, serve more than 8,000 members and customers, and Delta will hold an equity position in Wheels Up.
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