Originally Posted by
B727DRVR
Hey Bat,
I believe that JetLinx and Wheeps Up might currently offer the 8-20 schedule... Give them a try.
Check this forum for some articles I posted about Wheels Up. Basically they're in poor financial shape and just mortgaged the aircraft they own on a 7yr note at 12% APR. They don't expect a profit until 2024 and there's been a lot of churn in the upper management ranks. I suppose the cash they got from the note may hold them over assuming they do make a profit in 2024. They have to keep a certain level of cash on hand to meet the terms of the note. If they're not able to do that and can't renegotiate the terms then Chapter 11 is a distinct possibility.