‘Uber of the sky’ has agreed to merger with a special purpose acquisition company
Wheels Up, a private jet hire company backed by Serena Williams and Lance Armstrong, has announced plans to go public in a deal that will value the business at $2.1bn (£1.5bn).
The company, which its founder describes as the “Uber of the sky”, said it had agreed a deal to float on the New York Stock Exchange via a merger with Aspirational Consumer Lifestyle Corp, a “blank cheque” special purpose acquisition company (Spac).
