Tag: Wheels Up financials

Wheels Up forecasts full-year positive Adjusted EBITDA for 2025

In its Q3 2024 earnings call, Wheels Up executives said they expect to see positive Adjusted EBITDA for full year 2025.

November 7, 2024

Wheels Up execs see turnaround despite continued losses

Wheels Up Q2 2024 shows improvements in reliability, narrowing losses, flat quarter-to-quarter revenue, teases fleet modernization plans.

August 8, 2024

Wheels Up sets Q2 earnings release

Delta Air Lines-backed Wheels Up will announce its second quarter 2024 financial results on Aug. 8th.

July 18, 2024

Wheels Up large sales, corporate sales jump as losses continue

Despite red ink, Wheels Up executives painted a picture of progress as it focuses on its integrated premium strategy with Delta Air Lines.

May 9, 2024

Wheels Up cuts losses, beats on-time performance target

Delta Air Lines-backed Wheels Up says it is on target to have a positive adjusted EBITDA in 2024 despite lower revenue, fewer members.

March 7, 2024

Wheels Up sets Q4 earnings for March 7

Wheels Up will report its first quarter of results since a Delta Air Lines led group gained 95% control last September.

February 20, 2024

Wheels Up names Delta board member Mattson as CEO

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.

September 14, 2023

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

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

March 10, 2023

Wheels Up plans $30 million in savings via non-operational headcount reduction

Targeting EBITDA profits in 2024, Wheels Up is cutting $30 million in employee costs, excluding pilots, frontline maintenance, and other customer-facing roles.

March 2, 2023

Wheels Up: Q3 revenue up 39%, losses continue, and a top exec leaves

November 10, 2022

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