Wheels Up Reports Losses, Names New CEO
The on-demand private aviation company also announced program changes aimed at improving profitability.
The on-demand private aviation company also announced program changes aimed at improving profitability.
The family-run airline and charter operation is growing its fleet to keep up with demand.
Eric Zipkin, CEO of Tradewind Aviation, gives FLYING a peek into how the on-demand charter business has fared during the year and how he is positioning the company ahead of a potential slowdown in the economy.
Despite forecasts of a recession in the coming year, segments of the aviation industry are keeping a positive outlook.
The Phoenix-based company said it worked with a series of charter operators to develop the software. Those design partners include Solairus Aviation, Wheels Up, Jet It, Wing Aviation, and Mach Point Aviation
The deal to take Flexjet public through a SPAC IPO is valued at $3.1 billion, which the company says is nearly 11 times the $288 million adjusted earnings expected for 2022.
Wheels Up is partnering with ATP Flight School by forming a hiring partnership that will offer ATP graduates a pathway to first officer positions at the on-demand private aviation company.
SkyWest Inc. (NASDAQ: SKYW), the parent company of SkyWest Airlines, the largest regional airline, has filed a petition to the Department of Transportation for a Part 135 public air charter certificate. Dubbed “SkyWest Charter,” the upstart would allow the company to “conduct scheduled passenger operations as a commuter air carrier” using its 30-seat CRJ 200 […]
The court battle has blocked the town’s plan to change the airport to a private-use operation.
Company will combine with Southern Airways, go public via a SPAC, and partner with AeroTec and magniX.