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Wheels Up Experience (UP) - 2024 Q1 - Earnings Call Transcript
2024-05-10 16:48
Company Participants Operator Conference Call Participants Welcome to the Wheels Up First Quarter 2024 Webcast. It is my pleasure to introduce Keith Ferguson with Wheels Up. Keith, you may proceed. Please refer to the slide with our disclaimer. TodayÂ's presentation contains forward-looking statements based on our current forecasts and expectations of future events. These statements should be considered estimates only and actual results may differ materially. During todayÂ's webcast, we will refer to non-GA ...
Wheels Up Experience (UP) - 2024 Q1 - Quarterly Report
2024-05-09 12:36
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 March 31, 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 Specif ...
Wheels Up Experience (UP) - 2024 Q1 - Quarterly Results
2024-05-09 12:33
Exhibit 99.1 Wheels Up Reports First Quarter Results Delivering continued operational performance improvements Positioned for long-term profitable growth NEW YORK – May 9, 2024 – Wheels Up Experience Inc. (NYSE:UP) today announced financial results for the first quarter, which ended March 31, 2024. First Quarter 2024 Highlights • Total Revenue decreased $155 million year-over-year to $197 million, nearly half of which was due to exiting the aircraft management and aircraft sale businesses • Adjusted Contrib ...
Wheels Up Experience (UP) - 2023 Q4 - Annual Report
2024-03-07 21:35
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-K ________________ [Mark One] ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 Specified i ...
Wheels Up Experience (UP) - 2023 Q4 - Earnings Call Transcript
2024-03-07 18:43
Wheels Up Experience Inc. (NYSE:UP) Q4 2023 Earnings Conference Call March 7, 2024 10:00 AM ET Operator Thank you. This morning we announced our fourth quarter financial results. The earnings release with the supporting tables as well as a copy of today's presentation can be found on our Investor Relations website at wheelsup.com/investors. Reconciliations of GAAP to non-GAAP financial measures and definitions of non-GAAP financial measures are found within the financial tables of our earnings release and a ...
Wheels Up Experience (UP) - 2023 Q4 - Annual Results
2024-03-07 13:39
Exhibit 99.1 Wheels Up Reports Fourth Quarter Results Operational improvements and strategic repositioning continue to progress Cash balance up sequentially from third quarter NEW YORK – March 7, 2024 – Wheels Up Experience Inc. (NYSE:UP) today announced financial results for the fourth quarter, which ended December 31, 2023. Fourth Quarter 2023 Highlights "In our first full quarter since the strategic investment, we have made strong progress on a number of key fronts. Operationally, we continue to drive pe ...
Wheels Up Experience (UP) - 2023 Q3 - Quarterly Report
2023-11-09 21:43
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, 2023 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) - 2023 Q3 - Earnings Call Transcript
2023-11-09 19:51
service areas, East of the Mississippi, the Western area of the country and transcon trips between those regions, where we have a significant network and cost advantage to drive utility and efficiency and improve our asset utilization. Delta and our new investors have a vested interest in the long-term success of the company and will own approximately 95% of the total equity of the company after the final issuance of shares following today's shareholder meeting. This is a testament to the fact that Delta an ...
Wheels Up Experience (UP) - 2023 Q3 - Earnings Call Presentation
2023-11-09 16:02
WHEELS UP Third quarter 2023 earnings November 9, 2023 Disclaimer Cautionary statement regarding forward-looking statements This presentation contains certain "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of ...
Wheels Up Experience (UP) - 2023 Q2 - Quarterly Report
2023-08-14 21:10
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 June 30, 2023 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: 001-04321 WHEELS UP EXPERIENCE INC. (Exact Name of Registrant as Specifi ...