Tag: George Mattson

Delta Air Lines-backed Wheels Up reports Adjusted EBITDA profit

Wheels Up reported its first Adjusted EBITDA and EBITDAR profits in Q4 2025, as quarterly net loss dropped to $28.9 million.

February 19, 2026

Wheels Up sets Q4 earnings release date

Delta Air Lines-backed Wheels Up will release Q4 and full year 2025 earnings on Feb. 19, 2026 seeking to show progress towards reducing losses.

February 7, 2026

Air Partner U.S. private jet business folded under Wheels Up

In a move to leverage synergy with Delta Air Lines, Wheels Up is merging Air Partner's non-cargo private jet business into a single unit.

January 27, 2026

Wheels Up breaks record for days without a cancellation

Wheels Up is continuing its operational turnaround after clocking 14 straight days without a cancellation to start 2026.

January 20, 2026

Wheels Up makes layoffs said to impact sales team

Delta Air Lines-backed Wheels Up said it had raised its cost-savings target from $50 million to $70 million last year before today's layoffs.

January 15, 2026

Wheels Up enters sale-leaseback deal on Challengers, Phenoms

A sale-leaseback deal for three Challenger 300s and seven Phenom 300s will bring $105 million to Wheels Up which will be tapped for expansion.

December 23, 2025

Wheels Up receives NYSE notice of non-compliance

Wheels Up says the non-compliance notice due to its stock price, its second of the year, has no impact on operations or financing.

December 19, 2025

Wheels Up CEO: 'Things can flip quicker than you think'

CEO George Mattson told attendees at Corporate Jet Investor that a complex fleet transition is masking progress of Wheels Up's turnaround.

November 18, 2025

Q3 Financials: Wheels Up sees reliability, transformation progress

Delta Air Lines-backed Wheels Up sees improved reliability, gross booking gains as losses continue; exits Excel/XLS fleet.

November 6, 2025

Corporate Jet Investor Miami conference preview

From M&A to supply chain challenges, illegal jet-sharing, and online charter booking, Corporate Jet Investor kicks off in Miami next week.

October 30, 2025

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