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Dec. 3, 2020
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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. Audi adds thrill to wish list in new humorous holiday campaign
  2. Day's wrap: Chanel, Bulgari, Rolls-Royce, Bentley, De Beers, Modern Luxury and luxury real estate webinar
  3. Luxury ecommerce sees strong revenue growth during Black Friday, Cyber Monday
  4. Chanel in hot water in China over false beauty claims
  5. Louis Vuitton, Gucci lead in search volume in largest luxury markets
  6. Chanel, Bulgari, Rolls-Royce, Bentley, De Beers, Modern Luxury and luxury real estate webinar
  7. Louis Vuitton recruits DJ Peggy Gou for glamorous, carefree effort
  8. Dior learned to localize in China – and was rewarded for it
  9. Valentino gives Lady Gaga a voice for self-expression in new fragrance campaign
  10. Mark Cross debuts on Luxury Stores in latest ecommerce innovation
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