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Innovative system allows charter customers to contribute towards advancing Sustainable Aviation Fuel ATLANTA , May 6, 2025 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP), a global leader in private aviation, today announced the launch of its new Sustainable Aviation Fuel (SAF) program. Now, Wheels Up charter customers who opt into this initiative are able to seamlessly book a private jet or group charter flight and contribute towards decarbonizing aviation by supporting SAF.

Financial performance illustrates continued momentum of business transformation Installation of Gogo high-speed satellite Wi-Fi to begin this summer Agreement with Delta to extend $100 million revolving credit facility Board of Directors authorizes stock repurchase program ATLANTA , May 1, 2025 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced financial results for the first quarter of 2025. Highlights of the quarter, including GAAP results, non-GAAP financial measures and key performance metrics, are on pages two and three and incorporated herein.

Management remains focused on improving profitability and expanding margins by modernizing its fleet, leveraging partnership with Delta and delivering premium solutions for every customer journey ATLANTA , April 25, 2025 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) ("Wheels Up") today announced that it received a notice from the New York Stock Exchange (the "NYSE") on April 22, 2025 that the average closing price per share of its common stock did not exceed $1.00 over a 30 consecutive trading-day period, which is required for continued listing on the NYSE. Wheels Up remains committed to executing its long-term, foundational improvements to its operations and commercial engine, and its objective to build a resilient business model to support sustainable future profitability.

ATLANTA , April 24, 2025 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP ) today announced that it will release its first quarter 2025 financial results on Thursday, May 1, 2025. Earnings materials will be available on the Wheels Up investor relations website at investors.wheelsup.com.

A strategic partnership to develop best-in-class experiences for Wheels Up fliers A strategic partnership to develop best-in-class experiences for Wheels Up fliers

Knighthead Capital Management is a New York-based hedge fund specializing in fundamental analysis, operational and financial turnarounds, and risk management.

Wheels Up's turnaround shows progress with reduced adj. EBITDA losses, but the company still operates at a loss and faces cash runway concerns. Management's fleet renewal plan aims to boost demand but involves significant capital investments, risking further stock dilution and financial strain. Despite a 60% stock decline, Wheels Up's valuation remains high compared to peers, making it an unattractive investment.

Verkamp to bring extensive financial leadership experience to help drive strategic growth plan ATLANTA , March 11, 2025 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP), a global leader in private aviation, today announced the appointment of John Verkamp as Chief Financial Officer. With a track record of financial leadership and a deep understanding of complex operations, John will oversee the company's global finance organization.

Financial performance illustrates momentum with business transformation Fleet modernization underway, with 18 new Phenom jets entering Wheels Up's controlled fleet and the company's first Challengers set to enter service by April 1 John Verkamp appointed Chief Financial Officer, to join company on March 31 ATLANTA , March 11, 2025 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced financial results for the December quarter and full year ended 2024. Highlights of the December quarter and full year 2024, including GAAP results, non-GAAP financial measures and key performance metrics, are on page three and incorporated herein.

Wheels Up Experience (UP) stock price crashed to a record low of $1 on Monday as investors waited for its quarterly financial results. The UP share price has crashed by 35% this year, lagging behind other companies in Wall Street.