Wheels Up financials Archives

Wheels Up names Delta board member Mattson as CEO

September 14, 2023September 14, 2023by Doug Gollan

Delta Air Lines Board Member George Mattson becomes Wheels Up’s new CEO following the appointment of Delta CFO Dan Janki as Chairman of the private jet flight provider

Wheels Up today announced George N. Mattson as its new Chief Executive Officer. It comes after announcing an ownership agreement with Delta Air Lines, Certares Management LLC, and Knighthead Capital Management LLC on Aug. 15, a deal that is expected to close subject to customary conditions and approvals.

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Wheels Up: 2022 Q4 revenues, loss increase, and what’s next?

March 9, 2023March 10, 2023by Doug Gollan

As Wheels Up completes a year to forget, lower demand may provide the tailwind it needs to achieve its 2024 profitability goal

Increasing expenses continued to plague Wheels Up in 2022 as it recorded record revenues and higher prepaid block sales, countered by growing losses. It also made another executive change and announced discounted pricing on its King Air 350 fleet, a potential sign of things to come.

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