Private aviation start-up Wheels Up valued at $1.1 billion in latest funding round

Private aviation start-up Wheels Up valued at $1.1 billion in latest funding round

Wheels Up is a new airline travel company co-founded by Bill Allard who stands in front of a new Beechcraft 350i King Air turbojet plane with only 30 hours on it.
John Tlumacki | The Boston Globe | Getty Images

Wheels Up, the private aviation start-up that counts Tom Brady and Serena Williams as members, said Friday it completed a $128 million round of funding that values the company $1.1 billion.

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