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5×5 Trading launches aircraft brokerage and advisory business

5×5 Trading today announced the launch of its aircraft brokerage and advisory business and signed a three-year strategic services agreement with Wheels Up.

5×5 Trading was founded by former leaders of the Wheels Up aircraft sales division, John Odegard, Seth Zlotkin and Chris Brenner, as well as seasoned aircraft management and sales leader, Jeremy Bogle.

As part of the strategic services agreement, 5×5 Trading will be the exclusive provider of acquisition and disposition services for Wheels Up, provide expertise and input on fleet planning requirements, and support Wheels Up and Air Partner members and customers on aircraft transactions.

“We look forward to working closely with the 5×5 Trading team,” said George Mattson, Wheels Up’s Chief Executive Officer. “John, Seth, Chris and Jeremy are proven industry leaders with a strong record of success in the aircraft sales and acquisition space, and we are excited to continue to have full access to their deep experience and capability in support of Wheels Up’s strategic imperatives.”

“As a leading private aviation company, Wheels Up continues to drive the industry forward with innovative solutions,” said 5×5 Trading Managing Partner John Odegard. “We are excited to continue our close working relationship and help achieve the objectives of both organizations.”

5×5 Trading is an International Aircraft Dealers Association (IADA) accredited broker dealer providing brokerage, acquisition, trade and new aircraft advisory services and solutions to the business aircraft market.

5×5 Trading clients benefit from a combination of industry leading proficiency, integrated expertise and innovative thinking with a data-centric approach delivering consistently exceptional results.