Originally Posted by
dera
Can anyone explain why Delta is so committed on Wheels Up? Seems a little fringy to their main business?
Delta is on the hook for many millions of frequent flyer miles. And I mean many millions. It's a deal they made several years ago. Also, I think WU bought Delta Private Jets and Delta took a sizeable stake in WU as part of that deal. So it's in their best interest to keep WU solvent.