Signs Three-Year Strategic Services Agreement
with Wheels Up
TAMPA,
Fla., Jan. 9, 2024 /PRNewswire/ -- 5x5 Trading
today announced the launch of its aircraft brokerage and advisory
business and signed a three-year strategic services agreement with
Wheels Up. 5x5 Trading was founded by former leaders of the
Wheels Up aircraft sales division, John
Odegard, Seth Zlotkin and
Chris Brenner, as well as seasoned
aircraft management and sales leader, Jeremy Bogle.
As part of the strategic services agreement, 5x5 Trading will be
the exclusive provider of acquisition and disposition services for
Wheels Up, provide expertise and input on fleet planning
requirements, and support Wheels Up and Air Partner members and
customers on aircraft transactions.
"We look forward to working closely with the 5x5 Trading team,"
said George Mattson, Wheels Up's
Chief Executive Officer. "John, Seth, Chris and Jeremy are proven
industry leaders with a strong record of success in the aircraft
sales and acquisition space, and we are excited to continue to
have full access to their deep experience and capability in support
of Wheels Up's strategic imperatives."
"As a leading private aviation company, Wheels Up continues to
drive the industry forward with innovative solutions," said 5x5
Trading Managing Partner John Odegard. "We are excited to
continue our close working relationship and help achieve the
objectives of both organizations."
5x5 Trading is an International Aircraft Dealers Association
(IADA) accredited broker dealer providing brokerage, acquisition,
trade and new aircraft advisory services and solutions to the
business aircraft market. 5x5 Trading clients benefit from a
combination of industry leading proficiency, integrated expertise
and innovative thinking with a data-centric approach delivering
consistently exceptional results.
About 5x5 Trading
5x5 Trading is an International Aircraft Dealers Association
(IADA) accredited broker dealer offering independent retail
brokerage, acquisition, trade and new aircraft advisory services,
and is the exclusive sales and acquisition partner for Wheels
Up. For more information and current aircraft inventory, go
to 5X5Trading.com.
About Wheels Up
Wheels Up is a leading provider of on-demand private aviation in
the U.S. and one of the largest private aviation companies in the
world. Wheels Up offers a complete global aviation solution with a
large, modern and diverse fleet, backed by an uncompromising
commitment to safety and service. Customers can access membership
programs, charter and whole aircraft sales, as well as unique
commercial travel benefits through a strategic partnership with
Delta Air Lines. Wheels Up also offers freight, safety and security
solutions and managed services to individuals, industry, government
and civil organizations.
Wheels Up is guided by the mission to connect private flyers to
aircraft, and one another, through an open platform that seamlessly
enables life's most important experiences. Powered by a global
private aviation marketplace connecting its base of approximately
11,000 members and customers to a network of approximately 1,500
safety-vetted and verified private aircraft, Wheels Up is widening
the aperture of private travel for millions of consumers globally.
With the Wheels Up mobile app and website, members and customers
have the digital convenience to search, book and fly.
To learn more about Wheels Up, go to Wheelsup.com.
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SOURCE Wheels Up