Wheels Up, founded in 2013 by Kenny Dichter, is a prominent private aviation company offering membership-based services in the United States. The company focuses on providing "on demand" private aviation solutions, allowing members to book private aircraft from its fleet and third-party operators using a mobile application.
Since its inception, Wheels Up has experienced significant growth through strategic acquisitions and partnerships. In December 2019, the company merged with Delta Private Jets, a subsidiary of Delta Air Lines, enhancing its fleet and service capabilities. Further expansion occurred in January 2021 with the acquisition of Mountain Aviation, adding to its operational capacity. In July 2021, Wheels Up became the first private aviation company to be publicly traded on the New York Stock Exchange under the ticker symbol $UP.
As of October 2023, Wheels Up's private aircraft management division was acquired by Airshare, resulting in the transfer of 90 airplanes and 300 employees. Post-acquisition, Wheels Up retained a fleet of 215 aircraft.
Wheels Up primarily operates within the United States, serving a diverse clientele that includes individuals, corporations, and sports teams. The company's membership-based model offers flexibility and convenience, catering to various private aviation needs across the country
In August 2023, Delta Air Lines purchased a 95% stake in Wheels Up, aiming to stabilize the company's financial challenges and integrate its services with Delta's offerings. This acquisition underscores Wheels Up's commitment to providing accessible and reliable private aviation solutions in collaboration with a major commercial airline.