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George Mattson

Wheels Up shows margin gains despite 10%YoY revenue dip

news
Fayaz Hussain
1 May 25
0

In its first quarter 2025 results announcement, Wheels Up reported a decline of 10% year-over-year in revenue citing seasonal slow start of the year despite…

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Wheels Up reports strong finish to 2024

news
Fayaz Hussain
11 Mar 25
0

Wheels Up ended 2024 on a high note, with its fourth quarter financial results demonstrating significant progress in the company’s turnaround. The private aviation company…

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Wheels Up names Jill Greer to head investor relations, sustainability

news
Fayaz Hussain
19 Nov 24
0

Atlanta, US-based global private aviation company Wheels Up Experience announced appointment of Jill Greer as executive vice president of Investor Relations and Sustainability. With over…

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Wheels Up adds Phenom fleet; secures $332m financing

news
Fayaz Hussain
14 Nov 24
0

Wheels Up Experience announced successful closure of $332m revolving equipment notes facility with Bank of America and completed the acquisition of GrandView Aviation’s 17 Embraer…

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Q3 results show Wheels Up on track towards stabilisation

news
Fayaz Hussain
7 Nov 24
0

Private aviation company Wheels Up has demonstrated a clear turnaround in 2024. The company’s third quarter 2024 results show that the company is making steady…

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Bombardier

Wheels Up buying GrandView fleet, switching to Phenom and Challengers, agrees $332m Delta backed-loan

news
Alasdair Whyte
22 Oct 24
0

Wheels Up is simplifying its jet aircraft fleet and plans to only operate Embraer Phenom 300 and Bombardier Challenger 300 jets. It has agreed to…

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Wheels Up appoints Meaghan Wells to lead strategy, planning

news
Fayaz Hussain
8 Oct 24
0

Aviation solutions provider Wheels Up Experience announced the appointment of Meaghan Wells as its new executive vice president of enterprise planning and strategy. Wells will…

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Wheels Up’s lead investors extend lock-up to September 2025

news
Alasdair Whyte
23 Sep 24
0

Delta Air Lines, CK Wheels and Cox Investment have agreed to restrict any sale of the shares by another year to September 20, 2025. Two other investors Kore Capital…

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Wheels Up holds steady in Q2 amid cost cuts

news
Fayaz Hussain
8 Aug 24
0

Wheels Up reported flat revenue of $196m for the second quarter of 2024. Despite relatively unchanged top-line figures, the company’s results showed progress in cost…

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Delta still up on Wheels Up

opinion
Alasdair Whyte
5 Aug 24
0

Wheels Up celebrated its 11th Birthday this week. It is hoping to make a profit before it turns 12. It really needs to do this.…

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Wheels Up’s profit plan

opinion
Alasdair Whyte
10 May 24
0

This time last year there was a lot of noise around Wheels Up. The company had just announced that Kenny Dichter, its founder, was stepping…

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Wheels Up revenue falls by 44%, aiming for profit by year end

news
Fayaz Hussain
9 May 24
0

Wheels Up Experience announced its financial results for the first quarter ended March 31, 2024 with total revenue declining by 44% year-over-year to $197m, with…

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Wheels Up to launch maintenance facility at Palm Beach

news
Fayaz Hussain
19 Apr 24
0

Wheels Up Experience, a leading private aviation company, announced plans to launch a new maintenance facility at Palm Beach International Airport (PBI) later this year…

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CJIQ323 features Wheels Up, Dassault, Airbus and the late Hamish Harding

news
Mike Stones
15 Dec 23
0

The latest edition of Corporate Jet Investor Quarterly (CJIQ) features Wheels Up, Dassault and a celebration of the late Hamish Harding, former chair of Action…

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Volato ‘puts its financials out there’

opinion
Alasdair Whyte
11 Dec 23
0

One of the biggest attractions of light jets is their speed. A HondaJet Elite II flies more than 25% faster than most turboprops. This fits…

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Wheels Up finalises $40m term loan with Kore Capital

news
Fayaz Hussain
17 Nov 23
0

Wheels Up Experience announced that it has closed a new investment of $40m by Kore Capital.  “As discussed on our earnings call last week, we…

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Wheels Up revenue falls 24% in third quarter

news
Fayaz Hussain
9 Nov 23
0

Private aviation company Wheels Up announced its third quarter financial results on Wednesday, reporting a 24% year-over-year (YoY) decline in revenue to $320m, down from…

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New Wheels Up CEO, new Flexjet HQ

opinion
Alasdair Whyte
18 Sep 23
0

Last week was an exciting one for two of the largest operators. Kenn Ricci and his team got to celebrate their new headquarters. Wheels Up…

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