Delta Private Jets buys Wheels Up
#11
New Hire
Joined APC: Aug 2016
Posts: 9
For the Gama pilots, I don’t see any adverse impacts from this. WUP was clear that Gama will remain the operator for all WUP-branded King Airs and Excels/XLS/X. A big win would be if Gama & WUP would announce that Gama pilots can get a guaranteed Delta app review/silver bullet.
#12
Gets Weekends Off
Joined APC: Sep 2006
Posts: 153
Dpj
Winner, winner, you get the chicken dinner.
#13
Gets Weekends Off
Joined APC: Sep 2006
Posts: 153
DPJ was a wholly-owned subsidiary of Delta, previously acquired a la Comair. I see this as Delta essentially selling DPJ to Wheels Up (but retaining an equity share), and bringing in the name and management to market the old DPJ more widely. I’m not sure exactly what WU brings to the deal except cash, marketing-management, and maybe some assets from TMC?
#14
Here is the release....
Delta partners with Wheels Up to make private aviation more accessible
Published Date 12/12/2019 7:05 AM
Delta Private Jets will combine with Wheels Up to establish one of the world's largest owned and managed fleets of private aircraft.
By Corporate Communications staff
As part of our focus on connecting people and creating opportunities, Delta has partnered with Wheels Up to make private aviation more accessible to individual and corporate customers.
On Dec. 12, the two companies reached a definitive agreement for Delta Private Jets, a wholly owned subsidiary of Delta, to combine with Wheels Up to establish one of the world's largest owned and managed fleets of private aircraft.
The partnership will pair Wheels Up's membership programs, innovative digital platform and world-class lifestyle experiences with Delta Private Jets' renowned reliability, safety, service and scale.
"This groundbreaking partnership will democratize private aviation – making the convenience of private jet travel accessible to more customers," Ed said. "Wheels Up's lifestyle experiences and innovative digital platform, combined with the scale and service of Delta Private Jets, helps further Delta's mission of connecting people and communities worldwide through travel. This agreement is the latest step in Delta's ongoing effort to build partnerships that extend Delta's brand beyond its core business."
When the transaction closes, Wheels Up will have a fleet of more than 190 private aircraft and over 8,000 members and customers. Delta will hold an equity position in Wheels Up. The transaction will provide an array of new products and valuable features for existing and prospective customers of Wheels Up, Delta Private Jets and Delta to make private aviation travel more accessible to all. Details will be announced when the transaction closes.
Wheels Up Founder and CEO Kenny Dichter will continue leading the Wheels Up senior management team as it builds its partnership with Delta. Additionally, Wheels Up is committed to providing ongoing career opportunities for Delta Private Jets and Wheels Up employees, who provide world-class private travel, safety and service.
The transaction is expected to close early next year, and in the interim, Delta Private Jets and Wheels Up will continue to serve their existing employees, customers, members, partners and vendors in the same manner in which they do today.
Sent from my iPhone using Tapatalk
Delta partners with Wheels Up to make private aviation more accessible
Published Date 12/12/2019 7:05 AM
Delta Private Jets will combine with Wheels Up to establish one of the world's largest owned and managed fleets of private aircraft.
By Corporate Communications staff
As part of our focus on connecting people and creating opportunities, Delta has partnered with Wheels Up to make private aviation more accessible to individual and corporate customers.
On Dec. 12, the two companies reached a definitive agreement for Delta Private Jets, a wholly owned subsidiary of Delta, to combine with Wheels Up to establish one of the world's largest owned and managed fleets of private aircraft.
The partnership will pair Wheels Up's membership programs, innovative digital platform and world-class lifestyle experiences with Delta Private Jets' renowned reliability, safety, service and scale.
"This groundbreaking partnership will democratize private aviation – making the convenience of private jet travel accessible to more customers," Ed said. "Wheels Up's lifestyle experiences and innovative digital platform, combined with the scale and service of Delta Private Jets, helps further Delta's mission of connecting people and communities worldwide through travel. This agreement is the latest step in Delta's ongoing effort to build partnerships that extend Delta's brand beyond its core business."
When the transaction closes, Wheels Up will have a fleet of more than 190 private aircraft and over 8,000 members and customers. Delta will hold an equity position in Wheels Up. The transaction will provide an array of new products and valuable features for existing and prospective customers of Wheels Up, Delta Private Jets and Delta to make private aviation travel more accessible to all. Details will be announced when the transaction closes.
Wheels Up Founder and CEO Kenny Dichter will continue leading the Wheels Up senior management team as it builds its partnership with Delta. Additionally, Wheels Up is committed to providing ongoing career opportunities for Delta Private Jets and Wheels Up employees, who provide world-class private travel, safety and service.
The transaction is expected to close early next year, and in the interim, Delta Private Jets and Wheels Up will continue to serve their existing employees, customers, members, partners and vendors in the same manner in which they do today.
Sent from my iPhone using Tapatalk
#16
Gets Weekends Off
Joined APC: Nov 2014
Posts: 137
#20
New Hire
Joined APC: Jul 2019
Position: BE-300
Posts: 6
Ok, you got me. Sorry for being so buzzwordy. Was just a response to the question of what WUP could bring to this kind of deal, and my way of saying that WUP has a clear plan to be the Uber of private flying…make the ******* affordable and available, and has a team of m***** *********s that can do it. Guess I should have just said that.
If that was too buzzwordy, you guys need to change your paradigm & think outside the box, and we’ll circle back to this narrative after we do a deep dive on it and move the needle for some value add.
If that was too buzzwordy, you guys need to change your paradigm & think outside the box, and we’ll circle back to this narrative after we do a deep dive on it and move the needle for some value add.
Thread
Thread Starter
Forum
Replies
Last Post