Wheels Up (UP) announced a new structure for its Board of Directors after the closing of a new investment agreement with Delta Air Lines (DAL), Certares Management, Knighthead Capital and Cox Enterprises. Under the new structure, Delta Air Lines will appoint four directors, Certares and Knighthead each will appoint two directors, and Cox will appoint one director. In addition, one company executive will join the Board and two independent directors are expected to remain from the previous Board.
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