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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.
As of July 5, 2024, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Member benefits expanded to offer enhanced Delta loyalty rewards as well as guaranteed availability and recovery within the U.S., U.K. and Europe Updated portfolio introduces the first-ever charter program offering private flight credit and commercial airline benefits NEW YORK , June 17, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP), the first company in the industry that provides seamless global aviation solutions across private and commercial travel, today announced a streamlined product portfolio. Working with strategic partner Delta Air Lines, America's most awarded airline, Wheels Up can now provide an even greater level of flexibility to meet the needs of today's most discerning travelers.
NEW YORK , Feb. 20, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced that it will release its fourth quarter 2023 financial results on Thursday, March 7, 2024. Management will provide a review of the quarter and business update in prepared remarks during a webcast at 10 am ET.
Archer Aviation (NYSE: ACHR ) stock is up on Friday as the electric vertical takeoff and landing (eVTOL) company gets even closer to its commercial launch with new hires. A press release from Archer Aviation notes that Miles Rogers has joined the company as its new senior vice president and Head of Marketing.
Wheels Up Experience Inc. (NYSE:UP ) Q3 2023 Earnings Conference Call November 9, 2023 10:00 AM ET Company Participants Keith Ferguson - Investor Relations George Mattson - Chief Executive Officer Todd Smith - Chief Financial Officer & Interim Chief Executive Officer Conference Call Participants Operator Welcome to Wheels Up Third Quarter 2023 Earnings Conference Webcast. It is my pleasure to introduce Keith Ferguson.
NEW YORK , Nov. 9, 2023 /PRNewswire/ -- Due to a vendor issue beyond our control, today's live webcast was not accessible for listeners. The event replay is now accessible via the Events & Presentations page of our Investor Relations website.