Elkhart Travel Company Acquired
(photo courtesy Wheels Up)
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowElkhart-based Travel Management Company has been acquired by membership-based private aviation company Wheels Up. TMC is the largest wholesale-focused light jet operator in the country. Financial details were not disclosed.
Wheels Up says the acquisition was made due to increasing demand from Wheels Up members for more high quality, light jets. TMC’s fleet consists of 26 Hawker 400XP aircraft that will be paired with the Wheels Up fleet of 93 aircraft.
"This acquisition is a foundational piece in our continued brand evolution and mission to provide our members with a total private aviation solution, and we are thrilled to be welcoming TMC into the Wheels Up family," said Kenny Dichter, Founder and CEO of Wheels Up. "TMC and their light jet fleet are a perfect complement to our anchor partner, Gama Aviation, and their pilots, who will continue to operate the aircraft in our Wheels Up fleet and provide our members with the same high level of safety and service that they do today."
TMC will operate as an independent subsidiary and will continue the same service to their existing partners. TMC will also continue to operate from its current Elkhart location.