Wheels Up Experience is consolidating reporting under President Hegde and CMO Applbaum
The wheels are turning at Wheels Up Experience to start 2022 with several executive announcements.
Wheels Up makes executive moves to start 2022
Tag: Wheels Up Kenny Dichter
Wheels Up’s Q3 results: What Wall Street dislikes could be good for Main Street
Despite higher than expect revenues, after reporting bigger losses, Wheels Up stock price dropped to record lows. For private jet flyers, however, there was much good news
If the stock price is the vote of Wall Street, the third-quarter financial results of Wheels Up with higher losses due to higher expenses despite higher revenues is bad news.
Private jet CEOs talk trends, challenges, opportunities at Corporate Jet Investor
Private jet capacity, pricing, labor, consolidation, demand, investment, new jet owners, offer challenges and opportunities for private aviation providers
Over 450 industry CEOs and leaders gathered last week in Miami for Corporate Jet Investor. For two days they hashed about issues relevant to the overall industry, with a large focus on private jet travelers who fly via jet cards, memberships, and charter.
Is the current record level of demand here to stay? Where will the industry find the capacity to meet that demand? Is more consolidation coming? How many big players are there left to buy? What is Amazonian pricing? When will the supply chain improve? Where have all the pilots – and line workers gone? Are they coming back? How will all the outside investment impact private aviation? What about on-time performance? What type of changes will you see to your jet card program? With dwindling supply, are small brokers on life support?
What to expect for Wheels Up’s Q3 earnings call
Wheels Up should offer a glimpse into how record demand and increased costs are impacting the industry
With seven analysts now following a publicly traded Wheels Up, management will be answering questions during its Q3 earnings call. The date, set earlier today, is Nov. 10.