JONESWORKS is handling Wheels Up Experience Inc.’s flight to become a publicly-traded company via a SPAC deal ironed out with Aspirational Consumer Lifestyle Corp.
Wheels Up says it’s the first private aviation company to be listed on the New York Stock Exchange.
Kenny Dichter, CEO, called the Big Board listing a “special milestone” as the company furthers its mission “to create a dynamic platform to democratize private aviation, making it possible for significantly more people to experience private flying.”
Wheels Up posted a 68 percent rise in first-quarter revenues to $261.7M. It shaved its net loss 27.4 percent to $32.2M.