Wheels Up, a New York-based private aviation company, has announced it has entered into a definitive agreement to acquire certain material assets of private aviation technology company Avianis Systems, LLC, the company said.
Wheels Up is making significant investments in technology that will develop new functionality to help private aircraft operators digitize and streamline their services, allowing them to benefit from tools that simplify and speed up task completion via post-booking automation; calculate real-time pricing, feasibility, and availability; and create new revenue streams through access to additional flight demand at scale. Avianis will continue to offer its FMS as a stand-alone solution to its existing and future customers.
The acquisition will also allow Wheels Up to accelerate the development of its next-level platform, including its digital Charter Marketplace, which seamlessly connects a real-time supply of safety-vetted and verified aircraft to the ever-growing flight demand driven by its over 6,000 members across North America. These members are able to instantly look, book, and fly through the Wheels Up App. Current and future Wheels Up Members will greatly benefit from a significantly larger number of private aircraft and private aircraft types to choose from, as well as even more competitive real-time pricing.
Wheels Up is a leading private aviation company that delivers a total aviation solution.
Avianis Systems provides aircraft owners, operators, management companies, charter brokers, and flight departments with a comprehensive flight management system (FMS).
