Charter & Fractional
Wheels Up Now a Public Company Trading on NYSE
Private aviation charter and aircraft ownership services company Wheels Up successfully closed its IPO and will use proceeds to expand.
(Photo: David McIntosh)
(Photo: David McIntosh)

Private aviation charter and aircraft ownership services company Wheels Up yesterday closed its transaction with special purpose acquisition company (SPAC) Aspirational Consumer Lifestyle, making it a publicly traded company. The capital raised will accelerate investment in Wheels Up's technology and product offerings, driving global growth strategies and expansion of the Wheels Up Marketplace with membership and non-membership options, the company said.