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, acquired Travel Management Company (TMC) to meet increasing demand from its members for high-quality light jets.
- TMC, the largest wholesale-focused light jet operator with a fleet of 26 Hawker 400XP aircraft, will operate as an independent subsidiary of Wheels Up.
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