UP Stock Recent News

ATLANTA , Oct. 17, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced that it will release its third quarter 2024 financial results on Thursday, November 7, 2024. Management will provide a review of the quarter and business update in prepared remarks during a webcast at 10 am ET.

Wells to lead Wheels Up's enterprise planning, fleet and corporate strategy, corporate development and commercial partnerships, leveraging her years of industry experience ATLANTA , Oct. 8, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced Meaghan Wells as its new EVP of Enterprise Planning and Strategy, to lead the development of the company's long-term growth strategy and further cement Wheels Up's position as a leader in global aviation solutions. Wells has a dynamic background and experience, specializing in driving growth and securing capital for rapidly scaling organizations.

Approximately 97.2% of lead investor shares will remain subject to the lock-up restriction until September 20, 2025 ATLANTA , Sept. 23, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced that lead investors, Delta Air Lines, Inc., CK Wheels LLC, and Cox Investment Holdings, LLC, agreed to extend the lock-up restriction with respect to all their shares of common stock issued under the Investment and Investor Rights Agreement, for an additional year, until September 20, 2025.

Kenny Dichter, Real SLX founder and chairman, joins 'Squawk Box' to discuss what Dichter is trying to do with Real SLX, what the club is, and much more.

Chief Financial Officer Todd Smith and Chief Legal Officer Laura Heltebran to depart Matthew Knopf to join as Chief Legal Officer and Secretary, with Eric Cabezas acting as interim Chief Financial Officer ATLANTA , Aug. 21, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced two transitions on its executive leadership team, as Chief Financial Officer Todd Smith will be leaving the company for a new role, and Chief Legal Officer Laura Heltebran will be departing to pursue other opportunities. Starting September 9, Matthew Knopf will be joining Wheels Up as Chief Legal Officer and Secretary, with Eric Cabezas acting as interim Chief Financial Officer while a search is conducted for Smith's replacement.

Shares of Wheels Up erased recent gains after reporting Q2 results. The company has simplified its customer offering, while also adding new flier perks with Delta that may help to turn around membership trends. Margins have improved and losses are slimming as the company focuses its flight routes on a more profitable core, which better utilizes its maintenance and repair facilities.

Wheels Up Experience Inc. (NYSE:UP ) Q2 2024 Earnings Call August 8, 2024 10:00 AM ET Company Participants Keith Ferguson - Investor Relations George Mattson - Chief Executive Officer Todd Smith - Chief Financial Officer Operator Hello, everyone, and welcome to today's Wheels Up Second Quarter 2024 Earnings Webcast. I will now hand the line over to Keith Ferguson to begin.

Strong operational performance and increased efficiencies contribute to sequential margin and profitability improvement  ATLANTA , Aug. 8, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced financial results for the second quarter, which ended June 30, 2024. Second Quarter 2024 Highlights Revenue decreased to $196 million, driven by the divestiture of non-core assets and our focus on more profitable flying Adjusted Contribution Margin increased year over year to 7.8% Net loss improved year-over-year to $97 million Adjusted EBITDA improved year-over-year to a loss of $37 million "Over the past year, we've taken vital steps towards realizing our vision of building Wheels Up into a true innovator in private aviation.

Wheels Up's industry-leading mobile app and website will allow travelers to effectively explore dynamic rates across dates and routes while tracking savings and loyalty progress NEW YORK , July 23, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP), a global leader in private aviation, is pleased to announce further updates to its recently streamlined product portfolio. As of today, the company's enhanced mobile app and website will provide increased transparency, further solidifying Wheels Up as the most accessible way to fly private.

NEW YORK , July 18, 2024 / PRNewswire / -- Wheels Up Experience Inc. (NYSE: UP) today announced that it will release its second quarter 2024 financial results on Thursday, August 8, 2024. Management will provide a review of the quarter and business update in prepared remarks during a webcast at 10 am ET.