US private aviation provider Wheels Up net losses widened during the fourth quarter of 2024 to $87.5 million, up from $81.5 million during the same period of the year prior.Revenue during the fourth q...
Wheels UP said on September 23, 2024, that its key investors Delta Air Lines, CK Wheels, and Cox Investment Holdings have agreed to extend the lock-up restriction with respect to their shares of commo...
Wheels Up chief financial officer (CFO) Todd Smith will be leaving the company for a new role, the company said on August 21, 2024. While the company searches for its new CFO, its SVP of finance Eric ...
Wheels Up's second quarter revenue decreased by 41%, when compared to the same period last year, down to $196 million. Total costs and expenses was $275.5 million in the quarter, resulting in a net lo...
Wheels Up revenues have tumbled 44% year-on-year (YoY) down to $197 million. Nearly half of the $155 million decrease in revenue was driven by the company exiting its aircraft management and aircraft ...
Wheels Up Experience has named Dave Harvey as its new chief commercial officer (CCO), leading the company's commercial strategy. Harvey brings 25 years of experience spanning multiple disciplines t...
US private aviation provider Wheels Up has narrowed its net loss in the fourth quarter of 2023 to $81.1 million, down from $224.9 million in the same period a year prior. Revenue in the fourth quarter...
Florida-based 5x5 Trading – created by former Wheels Up aircraft sales leaders - has launched its aircraft brokerage and advisory business, providing brokerage, acquisition, trade and new aircraft adv...
Wheels Up Experience has closed the previously announced investment by Delta Air Lines, Certares Management, Knighthead Capital Management and Cox Enterprises. The new investment structure includes an...
Delta Air Lines, Certares Management – a travel industry investment specialist – and turnaround investment firm Knighthead Capital Management, have agreed to an expanded partnership with Wheels Up Exp...
Airshare has signed a Letter of Intent (LOI) to purchase its rival Wheels Up’s aircraft management business. The move comes on the backdrop of Wheels Up announcement that the company was actively invo...
Wheels Up has recorded a strong Q3 result with a 39% year-on-year increase in revenue. Wheels Up closed the Q3 of 2022 ending September 31, 2022, with revenue of $420.4 million. The company reported ...
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