Wheels Up, the membership-based private aviation company, announced this week the acquisition of Travel Management Company (TMC), with an effective closing date of May 31, 2019.
TMC, the largest wholesale-focused light jet operator in the U.S., operates an owned and leased fleet of Hawker 400XP aircraft in North America. As a complement to the current Wheels Up fleet of 93 aircraft, TMC's fleet of 26 Hawker 400XP aircraft will further strengthen the Wheels Up Light Jet offering and growing Charter Marketplace. Wheels Up acts as agent for Wheels Up Members and is not the operator of the program aircraft. Through the Wheels Up Flight Desk, members can take advantage of the Wheels Up offerings with fixed hourly rates.
"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," said Kenny Dichter, Founder and CEO of Wheels Up. TMC will operate as an independent subsidiary of Wheels Up. TMC customers and wholesale channel partners will continue to engage with their respective TMC contacts, including CEO Phil Dodyk and the TMC leadership team. TMC will continue to operate out of its current location in Elkhart, Indiana.