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Wheels Up set to go public through Spac merger

Wheels Up set to go public via Spac merger

A non-public jet constitution start-up backed by buyers together with Serena Williams and Lance Armstrong plans to go public through a merger with a “clean cheque” firm launched by the previous head of the Asian division of a non-public fairness agency co-founded by LVMH.The deal would give US-based Wheels Up, a web-based personal jet reserving platform, an enterprise worth of $2.1bn. It's anticipated to shut within the second quarter of 2021 and would mark the primary personal aviation platform to be listed on the New York Inventory Change. The merger would generate as much as $790m in money, together with as…

LunaJets sees a perfect storm for the private jet industry

GENEVA, September 8, 2020 / PRNewswire / - The industry is entering a perfect storm. The private jet market faces unprecedented challenges as the COVID-19 pandemic has exacerbated an already fragile industry. The private jet charter market has fallen by 33.8% in volume year to date and even lower in revenue with Europe makes it worse than America. All charter market segments are affected, but the most affected are the long transcontinental and corporate charter flights. The current wave of new quarantine measures and travel restrictions will have an immediate and devastating effect on the market, predicts LunaJets. The perfect…

US police and hearth departments partnering with Amazon’s Ring passes 2,000

US police and fire departments partnering with Amazon’s Ring passes 2,000

Greater than 2,000 police and hearth departments within the US have now partnered with Amazon’s Ring digital camera system, doubling the dimensions of the controversial surveillance community up to now yr.Figures printed by Amazon on Friday confirmed that 1,189 departments within the US have been added to the programme in 2020, with the full — together with 305 hearth departments — now at 2,014, with 62 having been added to this point in 2021.All however two of the 50 US states — Montana and Wyoming — now have departments concerned with the Ring programme, which permits officers to contact customers…

Private Jet is the best way to get to Casa De Campo

Arrival by private plane to the private airport of Casa de Campo in the Dominican Republic, is one ... [+] fantastic experience. House of Campo Private jets have arrived House of Campo since it opened in the 1970s, when people like Michael Douglas, Henry Kissinger, the late Joe DiMaggio and Frank Sinatra flew into the resort's private airstrip. Fast forward half a century and private flying is still the preferred mode of transportation for many of the luxury resort guests and residents. Who does not love a quick, easy arrival to your destination in a private jet? To meet the…

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