Sarah Rose (they/them) is a news writer and reporter for AIN. 
Prior to AIN, Sarah worked as a journalist for Georgia Public Broadcasting, Georgia&#039;s statewide NPR and PBS affiliate. They have also worked for several national nonprofits and as a legislative assistant in U.S. Congress. As an openly nonbinary reporter, they are a proud member of the Trans Journalists Association. 
Sarah is a 2012 graduate of Kennesaw State University.

News Writer

Sarah Rose

Wheels Up Experience lead investors Delta Air Lines, CK Wheels, and Cox Investment Holdings agreed today to extend the lock-up restriction with respect to all their shares of common stock (issued under the Investment and Investor Rights Agreement) for an additional year, until Sept. 20, 2025.
“I appreciate the confidence and support of the company’s lead investors,” said Wheels Up CEO George Mattson. “We believe that this extended commitment by our investors allows us to continue to execute on our strategic plan.”
The news comes after the company reported progress in bolstering its balance sheet during the second quarter, further reducing losses as its leadership team strives to reverse the private flight provider’s fortunes under a new business model.&nbsp;“The level of debt is not out of line with the size of our company and our revenue base; we just need to get the EBITDA where it needs to go,” Mattson told AIN at the time.
Wheels Up recently restructured its executive leadership team. Former chairman of operations Dave Holtz was promoted earlier this year to COO. Before his time at Wheels Up, Holtz ran the operations and customer center at Delta Air Lines, which owns a substantial stake in Wheels Up. Dave Harvey was recently appointed as chief commercial officer.

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

Wheels Up Announces Investors Agree to One-year Lock-up Extension

Investors are subject to the lock-up restriction until Sept. 20, 2025

Wheels Up announced that its lead investors agreed to extend the lock-up restriction with respect to their share of common stock issued for an additional year.

Wheels Up Investors Agree to One-year Lock-up Extension

2024 Corporate Aviation Leadership Summit

Charles Alcock

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

The Hong Kong-based operator now has almost 50 business aircraft

China’s Sino Jet Expands Charter Fleet with Second G700

Jessica Reed

Program launches with HondaJet HA-420 and Bombardier Challenger 3500

Honda Aircraft Unit Backs Thrive Fractional Jet Program

Amy Wilder

Elite Jets, MaxAir keep names, add Priester co-brand

Priester Aviation Unifies Companies under One Brand

Program lets non-members compare pricing before booking

BlueSky Extends Pricing Access to Non-members

Hourly rates range from turboprops to VIP airliners

Paramount Business Jets Guide Details 2026 Charter Rates

Kerry Lynch

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

In this article

Wheels Up

More In Charter & Fractional

China’s Sino Jet Expands Charter Fleet with Second G700

The Hong Kong-based operator now has almost 50 business aircraft

Honda Aircraft Unit Backs Thrive Fractional Jet Program

Program launches with HondaJet HA-420 and Bombardier Challenger 3500

Priester Aviation Unifies Companies under One Brand

Elite Jets, MaxAir keep names, add Priester co-brand

BlueSky Extends Pricing Access to Non-members

Program lets non-members compare pricing before booking

Paramount Business Jets Guide Details 2026 Charter Rates

Hourly rates range from turboprops to VIP airliners

ACA Forum Probes Broker Role in Fighting Illegal Charter

Brokers need to verify operations based on a standard

ACA Forum Explores Changing Role of Air Charter Brokers with AI

ACA is hosting its second U.S. forum as membership grows

FAI Grows Charter Fleet with Second Global 6000 Bizjet

Ultra-long-range jet is now available for worldwide charter

AIN Products

SUBSCRIPTIONS

RESOURCES

ABOUT AIN