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July 10, 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. Luxury travel will return later this year: study
  2. Day's wrap: Fendi, Gucci, China's Qeelin, Saks Fifth Avenue and wines and spirits ecommerce
  3. Saks Fifth Avenue debuts $200-$600 meal kits for New York’s wealthy
  4. Tiffany commits extra $2M to COVID-19 recovery with Tiffany Infinite Strength campaign
  5. The art of reopening: How hotels should get it right
  6. US luxury is well positioned to recover post-crisis: Coresight
  7. Moët & Chandon highlights sustainable ingredients in new social video push
  8. Kering publishes first biodiversity strategy as part of ambitious sustainability push
  9. Fendi expands digital boundary with debut of first TikTok official channel
  10. France’s Hermès, with "The Girl with the Black Bag," debuts third in film noir series
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