Wheels Up Experience Entered Into Agreement To Acquire Grandview Aviation Entire Fleet Of 17 Phenom 300 And Phenom 300E Aircraft At $105M
Portfolio Pulse from Benzinga Newsdesk
Wheels Up Experience has entered into an agreement to acquire Grandview Aviation's entire fleet of 17 Phenom 300 and Phenom 300E aircraft for $105 million.
October 22, 2024 | 8:42 pm
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Wheels Up Experience is acquiring Grandview Aviation's fleet of 17 Phenom 300 and 300E aircraft for $105 million, potentially expanding its service offerings and market reach.
The acquisition of Grandview Aviation's fleet by Wheels Up Experience is a significant move that could enhance its service capabilities and market presence. This strategic acquisition is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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