Thread: GAMA / WHEELS UP - Current Pilot Experiences
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Old 02-18-2019, 04:50 AM
  #120  
Guard
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Joined APC: Sep 2018
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Originally Posted by Allegheny View Post
A point should be made to all those on this board. WheelsUp is NOT a Fractional operation. Fractional companies operate under Part 91K of the FAR's. The customers of Fractional companies are owners of at least a 1/16 share of an aircraft.


WheelsUP is totally Part 135. The customers are "members", think COSTCO, not owners. They pay a much smaller fee than at NetJets of Flex jet and pay a charter rate for the airplane. Members have no equity in any of the WheelsUP aircraft.


WheelsUp is a marketing company and the aircraft are operated by GAMA Aviation. GAMA is the Part 135 certificate holder.
These guys are angling for the doctors who want to go on a golf trip, where as NetJets owners average wealth's north of $50 million.
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