A private jet charter firm that was bailed out by Delta Airlines last year is laying off 65 employees as it ceases operations at a Jefferson County airport.
An aircraft takes off above a new unleaded fuel truck prior to director of the Rocky Mountain Metropolitan Airport Paul Anslow introducing the transition to unleaded fuel program at Rocky Mountain Metropolitan Airport in Broomfield on Wednesday, Oct. 4, 2023.
The layoffs will occur by June 16, Chief People Officer Brian Kedzior wrote, and affect all Wheels Up employees based at the airport except for “selected administrative and office employees that will be maintained due to their role supporting other Wheels Up’s locations.”Wheels Up said in a press release issued after this story was initially published that the cuts in Jefferson County were part of a larger corporate restructuring.
Shares of UP have declined 97% since the company went public, however. Founder Kenny Dichter stepped down as CEO last May. In August, the company said there was “substantial doubt” it could continue operations. A consortium led by Delta, which had already been a major shareholder in the company, subsequently purchased the majority of Wheels Up.
Rocky Mountain Metropolitan Airport, which is owned and operated by Jefferson County, said it is the third-busiest airport in Colorado, after Denver International Airport and Centennial Airport. A county spokeswoman didn’t respond to a request for comment regarding how long Wheels Up has operated at the airport.
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