Wheels Up Experience (UP) - 2024 Q1 - Quarterly Results
Wheels Up Experience (UP)2024-05-09 12:33Exhibit 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 ...