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United States
Airlines
travel services
Acquisition
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Private Equity
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Synopsis
Delta, Certares, Knighthead and Cox agreed to invest in Wheels Up, a provider of on-demand private aviation in the US. Financial terms were not disclosed. "Wheels Up is an integral part of Delta's portfolio of premium partners, and this deep relationship offers a significant opportunity to deliver compelling benefits to our customers that are unique in the travel space. This investment and new leadership puts Wheels Up on a strong path to future success," Dan Janki, Wheels Up Chairman and Delta Chief Financial Officer.
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