Announced
Completed
Synopsis
Wheels Up, the membership-based private aviation company, completed the acquisition of Travel Management Company, the wholesale-focused US light jet operator. Financial terms were not disclosed. "This acquisition is a foundational piece in our continued brand evolution and mission to provide our members with a total private aviation solution, and we are thrilled to be welcoming TMC into the Wheels Up family. TMC and their light jet fleet are a perfect complement to our anchor partner, Gama Aviation, and their pilots, who will continue to operate the aircraft in our Wheels Up fleet and provide our members with the same high level of safety and service that they do today," Kenny Dichter, Wheels Up Founder and CEO.
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