ATLANTA (dpa-AFX) - Wheels Up Experience Inc. (UP), a private aviation services provider, on Wednesday, said that Delta Air Lines has provided a short-term capital infusion to the company.
Additionally, it has entered into a non-binding letter of intent with Airshare, a private aviation company, to sell its non-core aircraft management business.
In pre-market activity, shares of Wheels Up are trading at $2.65 up 10.41% on the New York Stock Exchange, and Delta Air Lines shares are trading at $45.83 down 0.09%.
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