Delta still up on Wheels Upopinion Alasdair Whyte 5 Aug 24 0Wheels Up celebrated its 11th Birthday this week. It is hoping to make a profit before it turns 12. It really needs to do this.… Read more
Wheels Up getting $500m debt from Delta, Certares and Knighthead in return for 95% of companynews Alasdair Whyte 15 Aug 23 0Delta Air Lines, Certares Management and Knighthead Capital Management have agreed to lend $500m in debt in return for 95% of Wheels Up. Certares and… Read more
Brian Foley – ‘Wheels off at Wheels Up’news CJI Expert 25 May 23 0Wheels Up was to have been the follow up story to its founder’s previous successful foray into private aircraft charter. Instead, he just stepped down… Read more
Wheels Up receives delisting noticenews CJI Expert 4 Apr 23 0Update – April 14th, 2023: Wheels Up has now received a delisting notice from the New York Stock Exchange (NYSE) due to its share price… Read more
Wheels Up sales hit $1.58bn in 2022, loses $375m, recommits to profit in 2024news Alasdair Whyte 9 Mar 23 0Wheels Up’s full year sales rose 32% in 2022 to $1.579bn with the company losing $507m including a $132m non-cash goodwill impairment. Without this accounting… Read more
