Wheels Up Experience (UP) - 2024 Q2 - Quarterly Results
Wheels Up Experience (UP)2024-08-08 12:12
Exhibit 99.1 WHEELS UP Wheels Up Reports Second Quarter Results Strong operational performance and increased ef iciencies contribute to sequential margin and profitability improvement ATLANTA – August 8, 2024 – 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 Mar ...