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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. Retail needs a revamp to find success in 2022: Deloitte
  2. 2022 is the year of the international buyer: Sotheby’s
  3. Luxury retailers to hang on to pricing power this year after strong holiday season
  4. Audi offers vision of progress in Janelle Monáe campaign
  5. Day’s wrap: Gucci, Burberry, Tag Heuer, Sotheby’s and Martin Luther King Jr. Day
  6. What luxury brands need to know to succeed in the new metaverse
  7. 82pc of consumers have participated in social commerce
  8. What changing lifestyles mean for luxury
  9. Gucci unveils ‘SuperGucci’ NFT artwork project with Superplastic
  10. Porsche helps photographer capture sight of a lifetime in dreamy film
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