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Travel and hospitality

Delta Air Lines’ stake in Wheels Up takes on NetJets in hot private jet travel market

December 12, 2019

Delta Air Lines' investment in Wheels Up is an indication of the growth potential of private jet travel. Image credit: Delta Air Lines Delta Air Lines' investment in Wheels Up is an indication of the growth potential of private jet travel. Image credit: Delta Air Lines

 

By Mickey Alam Khan

Delta Air Lines will take a minority interest in private jet operator Wheels Up and also combine its Delta Private Jets division in a move that is a harbinger of the market consolidation to come as players target Warren Buffett’s NetJets.

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  1. La Perla nabs Oscar de la Renta exec Morgan Richardson to grow lingerie business
  2. Past year in luxury was more evolution than revolution: BCG exec
  3. Urban air mobility is simultaneously time saver, status symbol: Blade exec
  4. Saks sponsors Town & Country’s 2020 Jewelry Awards with February cover star Aerin Lauder as cohost
  5. Chanel weaves lunar narrative around fine jewelry lines
  6. Elevated moments differentiate luxury experiences
  7. Net-A-Porter goes with Netflix for Next In Fashion contest and $250K grand prize for winning designer
  8. Cannabis: Making a case for luxury to dive in
  9. What will retail look like in 2030?
  10. Have luxury brands learned their lessons about Chinese New Year campaigns?
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