New York City-based Wheels Up, a private member-based aircraft operator, today said it was adding Travel Management Company (TMC) to its portfolio. The acquisition is responding to the increasing demand from Wheels Up members for high-quality light jets that meet Wheels Up’s stringent safety and operational standards. TMC is the largest wholesale-focused light jet operator in the U.S. operating an owned and leased fleet of Hawker 400XP aircraft across North America. TMC’s fleet of 26 Hawker 400XP aircraft will complement Wheels Up’s current fleet of 93 aircraft.
Wheels Up Network Grows With New Acquisition
Key Takeaways:
- Wheels Up, a private member-based aircraft operator, has acquired Travel Management Company (TMC).
- This acquisition expands Wheels Up's fleet by adding TMC's 26 Hawker 400XP light jets to meet increasing member demand for high-quality light jet services.
- TMC will continue to operate as an independent subsidiary, maintaining its existing location and services for its wholesale channel partners.
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