Wheels Up Experience (UP)
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Wheels Up: Be Patient, But A Turnaround Is In The Works
Seeking Alpha· 2024-11-22 12:00
With the S&P 500 continuing to hover around all-time highs, I continue to favor allocating pieces of my portfolio to lesser-known companies that have a turnaround in progress and are less correlated to the performance of the broader market. ToWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular ...
Wheels Up Names Jill Greer as Executive Vice President, Investor Relations and Sustainability
Prnewswire· 2024-11-19 13:00
Greer to lead Wheels Up's investor relations strategy as well as the development and implementation of company's sustainability strategyATLANTA, Nov. 19, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP), a global leader in private aviation, today announced the appointment of Jill Greer as Executive Vice President, Investor Relations and Sustainability. Jill brings over two decades of experience in aviation and strong financial leadership to the role, having spent 21 years working at Delta Air Lines ...
Wheels Up Secures $332 Million Revolving Financing Facility and Completes Acquisition of 17 Phenom 300 Series Aircraft
Prnewswire· 2024-11-14 13:00
New Bank of America-led facility, with Delta Air Lines credit support, provides growth flexibility as Wheels Up expands its fleet with GrandView Aviation assets to enhance customer experienceATLANTA, Nov. 14, 2024 /PRNewswire/ -- On November 13, 2024, Wheels Up Experience Inc. (NYSE: UP) closed its new $332 million revolving equipment notes facility with Bank of America, and completed the acquisition of GrandView Aviation's fleet of 17 Embraer Phenom 300 and Phenom 300E aircraft, and related maintenance ass ...
Wheels Up Experience (UP) - 2024 Q3 - Earnings Call Transcript
2024-11-09 18:37
Wheels Up Experience Inc. (NYSE:UP) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Keith Ferguson - Investor Relations George Mattson - Chief Executive Officer Eric Cabezas - Interim Chief Financial Officer Operator Welcome to Wheels Up's Third Quarter 2024 Earnings Conference Webcast. It is my pleasure to introduce Keith Ferguson. Mr. Ferguson, you may begin the conference. Keith Ferguson Thank you. This morning, we announced our third quarter results. The earnings releas ...
Wheels Up Experience (UP) - 2024 Q3 - Quarterly Report
2024-11-07 13:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-Q ________________ [Mark One] þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 001-39541 WHEELS UP EXPERIENCE INC. (Exact Name of Registrant as Sp ...
Wheels Up Experience (UP) - 2024 Q3 - Quarterly Results
2024-11-07 13:10
Exhibit 99.1 WHEELS UP Wheels Up Reports Third Quarter Results Improvement in financial performance driven by operating initiatives over past year Fleet modernization plan represents next phase of strategic journey to profitability New credit facility expected to strengthen balance sheet; credit support from Delta Air Lines underscores commitment to strategic partnership ATLANTA – November 7, 2024 – Wheels Up Experience Inc. (NYSE:UP) today announced financial results for the third quarter, which ended Sept ...
Wheels Up Reports Third Quarter Results
Prnewswire· 2024-11-07 13:00
Improvement in financial performance driven by operating initiatives over past yearFleet modernization plan represents next phase of strategic journey to profitability New credit facility expected to strengthen balance sheet; credit support from Delta Air Lines underscores commitment to strategic partnershipATLANTA, Nov. 7, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE:UP) today announced financial results for the third quarter, which ended September 30, 2024.Third Quarter 2024 Highlights1 Revenue w ...
Wheels Up Announces Fleet Modernization Strategy and Associated Transactions
Prnewswire· 2024-10-22 20:40
Wheels Up to transition its current jet fleets to Phenom 300 Series and Challenger 300 Series aircraft Entered into agreement to acquire GrandView Aviation's entire fleet of 17 Phenom 300 and Phenom 300E aircraftEntered into agreement to sell entire owned fleet of super mid Citation X aircraft and lease for a limited period in preparation for transition to Challenger fleetNew fleet to be outfitted with best-in-class Gogo Galileo HDX satellite-based WiFiCommitted financing to be provided by Bank of America, ...
Wheels Up Announces Date of Third Quarter 2024 Earnings Release and Webcast
Prnewswire· 2024-10-17 12:00
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. The event can be accessed via the Events & Presentations page of our Investor Relations website. An online replay of the conference call will be available approximately three hours after the webcast. About Whe ...
Wheels Up Announces Investors Agree to One-Year Lock-Up Extension
Prnewswire· 2024-09-23 10:50
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. In addition ...