Wheels Up news and trends

Wheels Up Stock Plummets, Hires Restructuring Lawyers
Travel Payments // June 23, 2023

Wheels Up Experience shares have taken a significant hit, dropping by 60.38% in value to close Thursday (June 22) at $1.24 a share due to the reported recent hiring of restructuring lawyers, which has sparked market speculation about its financial stability. In a brief statement issued on...

Delta Takes Minority Stake In Private Jet Startup Wheels Up
Partnerships / Acquisitions // December 12, 2019

Delta Airlines has decided to take a different direction when it comes to its private jet business, announcing earlier today that it would be combining its Delta Private Jets unit with Wheels Up, which is a NYC-based privately held business that has seen quick growth, according...

Wheels Up Takes Flight With $128M Raise
Investments // August 09, 2019

New York aviation startup Wheels Up has notched a $128 million Class D equity capital raise co-led by new investor Franklin Templeton, the company said in a press release on Friday (Aug. 9). Rowe Price and Fidelity Management & Research also signed on, joining other...

Quick Reads
Wheels Up Stock Plummets, Hires Restructuring Lawyers

June 23, 2023
Wheels Up Experience shares have taken a significant hit, dropping by 60.38% in value to close Thursday (June 22) at $1.24 a share due to the reported recent hiring of restructuring lawyers, which has sparked market speculation about its financial stability. In a brief statement issued on Thursday (June 22), the New York City-based private jet charter […]

Wheels Up Takes Flight With $128M Raise

August 09, 2019
New York aviation startup Wheels Up has notched a $128 million Class D equity capital raise co-led by new investor Franklin Templeton, the company said in a press release on...