Wheels Up Experience

Wheels Up Experience, Inc. is a provider of private aviation services in the U.S. through a fleet of owned, managed, and third-party planes. The company was founded by Kenneth Dichter in August 2013 and is headquartered in New York, NY.

Earnings data Q2 2021

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Wheels Up Experience reports operational excellence and charter growth amidst challenges

Wheels Up Experience showcased operational excellence and profitability in charter business amidst revenue challenges.
Strategic shifts towards profitable charter flying and corporate block sales growth aim to drive asset utilization and profitability.
Despite revenue decline, the company's focus on operational efficiency and infrastructure development signals a commitment to long-term growth.
Maintaining liquidity and optimizing the business model are key priorities to navigate challenges and capitalize on growth opportunities.

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Wheels Up Experience, Inc. is a provider of private aviation services in the U.S. through a fleet of owned, managed, and third-party planes. The company was founded by Kenneth Dichter on August 1, 2013 and is headquartered in Chamblee, GA.

LOS ANGELES, CA / ACCESSWIRE / May 30, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wheels Up Experience Inc. ("Wheels Up" or "the Company") (NYSE:UP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 9, 2022 and March 31, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before June 19, 2023.

DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in Wheels Up Experience Inc. with Losses of $100,000 to Contact the Firm

FINAL DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Wheels Up Experience Inc. with Losses of $250,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 26, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wheels Up Experience Inc. ("Wheels Up" or "the Company") (NYSE:UP) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 9, 2022 and March 31, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before June 19, 2023.

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Wheels Up Experience Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 26, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wheels Up Experience Inc. ("Wheels Up" or "the Company") (NYSE:UP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 9, 2022 and March 31, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before June 19, 2023.

IMPORTANT DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Wheels Up Experience Inc. with Losses of $100,000 to Contact the Firm

Local Atlanta family of fallen military hero to fly Wheels Up to TAPS' Annual Military Survivor Seminar and Good Grief Camp as part of Wheels Up Cares program NEW YORK , May 25, 2023 /PRNewswire/ -- Today, leading private aviation company, Wheels Up (NYSE: UP) in partnership with Tragedy Assistance Program for Survivors (TAPS), a non-profit organization that offers compassionate care to those grieving the loss of a military loved one, will fly the family of fallen military hero, Lieutenant Colonel Jay Thoman, from Atlanta to Washington, D.C. for Memorial Day Weekend to attend TAPS' Annual Military Survivor Seminar and Good Grief Camp.

Wheels Up Supports TAPS Assistance for Military Families

LOS ANGELES, CA / ACCESSWIRE / May 24, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wheels Up Experience Inc. ("Wheels Up" or "the Company") (NYSE:UP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 9, 2022 and March 31, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before June 19, 2023.

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Wheels Up Experience Inc. with Losses of $100,000 to Contact the Firm

NEW YORK , May 23, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wheels Up Experience Inc. (NYSE: UP) between November 9, 2022 and March 31, 2023, both dates inclusive (the "Class Period"), of the important June 20, 2023 lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased Wheels Up securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A LONGSTANDING LAW FIRM, Encourages Wheels Up Experience Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action Filed by the Firm - UP

LOS ANGELES, CA / ACCESSWIRE / May 22, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wheels Up Experience Inc. ("Wheels Up" or "the Company") (NYSE:UP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 9, 2022 and March 31, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before June 19, 2023.

FINAL DEADLINE APPROACHING: The Schall Law Firm Encourages Investors in Wheels Up Experience Inc. with Losses of $100,000 to Contact the Firm

Wheels Up is not the only private aircraft charter company that has had consecutive losses over the years, as revelations of VistaJet Global finances emerge.

VistaJet Shares Similarities With Struggling Wheels Up In Private Air Charter

LOS ANGELES, CA / ACCESSWIRE / May 16, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wheels Up Experience Inc. ("Wheels Up" or "the Company") (NYSE: UP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 9, 2022 and March 31, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before June 19, 2023.

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Wheels Up Experience Inc. with Losses of $250,000 to Contact the Firm

NEW YORK , May 15, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wheels Up Experience Inc. (NYSE: UP) between November 9, 2022 and March 31, 2023, both dates inclusive (the "Class Period"), of the important June 20, 2023 lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased Wheels Up securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, SKILLED INVESTOR COUNSEL, Encourages Wheels Up Experience Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - UP

Wheels Up CEO steps down amid poor financial performance. Ripples could be felt by others in the private aviation industry.

Wheels Off At Wheels Up, Possibly Affecting Others In Private Aviation Industry

Wheels Up Experience Inc. (NYSE:UP ) Q1 2023 Earnings Conference Call May 9, 2023 10:00 AM ET Company Participants Keith Ferguson – Investor Relations Ravi Thakran – Executive Chairman Kenny Dichter – Founder Todd Smith – Chief Financial Officer and Interim Chief Executive Officer Conference Call Participants Sheila Kahyaoglu – Jefferies Josiah Choy – Baird Marvin Fong – BTIG Operator Ladies and gentlemen, welcome to the Wheels Up First Quarter 2023 Earnings Call. My name is Glen and I'll be the operator for today's call.

Wheels Up Experience Inc. (UP) Q1 2023 Earnings Call Transcript

Like many private jet startups, Wheels Up was dogged by high costs and operating issues.

Wheels Up founder abruptly steps down as losses mount, potential bankruptcy looms

Wheels Up Experience Inc. (UP) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to loss of $0.24 per share a year ago.

Wheels Up Experience Inc. (UP) Reports Q1 Loss, Tops Revenue Estimates

Board member Ravi Thakran named Executive Chairman; CFO Todd Smith named Interim CEO Flight program changes to benefit members and strengthen path to profitability NEW YORK , May 9, 2023 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE:UP) today announced financial results for the first quarter, which ended March 31, 2023. First Quarter 2023 Highlights Revenue increased $26 million year-over-year to $352 million, a first quarter record  Active Members decreased 1% year-over-year to 12,285 in total Live Flight Legs decreased 13% year-over-year to 15,389 in total Net loss increased $12 million year-over-year to $101 million Adjusted EBITDA was flat year-over-year with a loss of $49 million "As we position Wheels Up for future success, we expect the program changes we announced today will allow us to continue to scale and evolve our product offering to deliver world-class service profitably," said Interim CEO Todd Smith.

Wheels Up Announces Increased Revenue for First Quarter 2023

Founder Kenny Dichter to step away as CEO, will continue to serve on the Board of Directors Elevates current Board member Ravi Thakran to Executive Chairman Names CFO Todd Smith as Interim CEO NEW YORK , May 9, 2023 /PRNewswire/ -- Wheels Up Experience (NYSE: UP) today announced that, as of today, Founder Kenny Dichter will step away from his role as CEO at the company he established in 2013 and took public in 2021. Dichter will continue to be a member of the Board of Directors.

Wheels Up Announces Executive Transitions

New features to deliver better pricing, performance and member experience; strengthen path to profitability NEW YORK , May 9, 2023 /PRNewswire/ -- Wheels Up Experience (NYSE: UP), the leading on-demand charter operator in the United States, today announced redesigned programs to better serve its members and customers with tailored private aviation solutions that will feature industry-leading pricing and an enhanced flight experience and member service in its primary operating areas. The new programs take advantage of Wheels Up's significant network density along the east and west coasts and are designed to complement the flying habits of the vast majority of its more than 12,000 members and customers.

Wheels Up Announces New Member Programs, Service Areas

NEW YORK , May 8, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wheels Up Experience Inc. (NYSE: UP) between November 9, 2022 and March 31, 2023, both dates inclusive (the "Class Period"), of the important June 20, 2023 lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased Wheels Up securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, LEADING INVESTOR COUNSEL, Encourages Wheels Up Experience Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - UP

LE AD PLAINTIFF DEADLINE IS JUNE 20, 2023 NEW YORK , May 3, 2023 /PRNewswire/ --  Wolf Haldenstein Adler Freeman & Herz LLP  ("Wolf  Haldenstein") announces that a federal securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York on behalf of all persons or entities who purchased the securities of Wheels Up Experience Inc. ("Wheels Up" or the "Company") (NYSE: UP) between November 9, 2022 and March 31, 2023, both dates inclusive (the "Class Period"). A ll investors who purchased shares and incurred losses are  advised  to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774.

WHEELS UP EXPERIENCE INC. CLASS ACTION ALERT: WOLF HALDENSTEIN ADLER FREEMAN & HERZ LLP REMINDS INVESTORS THAT A SECURITIES CLASS ACTION LAWSUIT HAS BEEN FILED IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF NEW YORK AGAINST WHEELS UP EXPE

New Chief Digital Officer and Chief Customer and Marketing Officer to accelerate member-facing strategies NEW YORK , May 3, 2023 /PRNewswire/ -- Wheels Up Experience (NYSE: UP) today announced two key additions to its senior management team to amplify its customer-focused business strategies and deliver on its profitability objectives. David Godsman will join as Wheels Up's first Chief Digital Officer to lead the company's digital transformation and technology initiatives.

Wheels Up Adds Key Senior Talent to Drive Business Transformation

NEW YORK , May 1, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wheels Up Experience Inc. (NYSE: UP) between November 9, 2022 and March 31, 2023, both dates inclusive (the "Class Period"), of the important June 20, 2023 lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased Wheels Up securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A LONGSTANDING AND TRUSTED FIRM, Encourages Wheels Up Experience Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - UP

NEW YORK , April 28, 2023 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Wheels Up Experience Inc. ("Wheels Up" or the "Company") (NYSE: UP) and certain of its officers, on behalf of persons and entities that purchased or otherwise acquired Wheels Up securities November 9, 2022 and March 31, 2023, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/up.

Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Wheels Up Experience Inc. (UP) Investors of Class Action and to Actively Participate

NEW YORK--(BUSINESS WIRE)---- $UP #UP--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wheels Up Experience Inc. (NYSE: UP) between November 9, 2022 and March 31, 2023, both dates inclusive (the “Class Period”), of the important June 20, 2023 lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased Wheels Up securities during the Class Period you may be entitled to compensation without payment of any out of pocke.

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Wheels Up Experience Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – UP

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming June 20, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Wheels Up Experience Inc. (“Wheels Up” or the “Company”) (NYSE: UP) securities between November 9, 2022 and March 31, 2023, inclusive (the “Class Period”). If you suffered a loss on your Wheels Up investments or would like to inquire about potentially pur.

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