Wheels Up in discussions around strategic business partnerships, Delta Air Lines (DAL) has provided short-term capital By Investing.com

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Wheels Up in discussions around strategic business partnerships, Delta Air Lines (DAL) has provided short-term capital By Investing.com


Wheels Up (UP) in discussions around strategic business partnerships, Delta Air Lines (DAL) has provided short-term capital

Wheels Up Experience Inc. (UP) is actively involved in discussions around strategic business partnerships for the company and today announced that Delta Air Lines has provided a short-term capital infusion to the company.

In addition, the company has entered into a non-binding letter of intent with Airshare, a leading operator in the United States with a complementary business, to acquire Wheels Up’s non-core aircraft management business.

The company will share more details as available and has accordingly postponed its previously scheduled earnings communications and cancelled the call for today.



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