Delta Air Lines and Wheels Up are partnering to create one of the world's largest owned and managed fleets of private aircraft. The companies have reached a definitive agreement for Delta Private Jets, a wholly owned subsidiary of Delta, to combine with Wheels Up.

The partnership will make private aviation accessible to more consumers as well as provide unparalleled travel options. The transaction will pair Wheels Up’s membership programs, innovative digital platform and world-class lifestyle experiences with Delta Private Jets’ renowned reliability, safety, service and scale. When the transaction closes, Wheels Up will have a fleet of more than 190 private aircraft and over 8,000 members and customers. Delta will also hold an equity position in Wheels Up. The transaction will provide an array of new products and valuable features for existing and prospective customers of Wheels Up, Delta Private Jets and Delta to make private aviation travel more accessible to all. Details of this deal will be announced when the transaction closes. The transaction is expected to close early next year.