Wheels Up Faces 44% Revenue Drop Amid Strategic Shifts

Wheels Up Experience reports a significant 44% decline in Q1 2024 revenue to $197m, attributing much of the downturn to its strategic exit from aircraft management and sales, despite a budding partnership with Delta Air Lines.

Discovered 2024-05-09T09:08:00.376626-07:00 | 2024-05-09T09:08:00.376626-07:00

Sources

2024-05-09T11:22:29.089481-07:00

WHEELS UPAviation Week

Related Coverage

2024-05-02T16:09:44.670319-07:002024-05-02T16:09:44.670319-07:00

Melrose's Aerostructure Stagnation Contrasts With Engines Success

2024-03-22T00:20:48.505375-07:002024-03-22T00:20:48.505375-07:00

JAL Group Forecasts Higher Profits Amid Surge in Travel Demand

2024-03-12T04:19:14.563195-07:002024-03-12T04:19:14.563195-07:00

Alaska Air Projects Narrower Q1 Loss, 737 MAX Challenges Persist

2024-03-07T10:27:48.123434-08:002024-03-07T10:27:48.123434-08:00

Wheels Up Narrows Q4 Losses Amid Revenue Dip, Eyes Profitability in 2024

2024-03-04T21:27:18.920209-08:002024-03-04T21:27:18.920209-08:00

Virgin Australia Sees Profit Surge Amid Executive Transition

2024-03-04T09:48:04.447652-08:002024-03-04T09:48:04.447652-08:00

American Targets 80% of 2024 Revenue from Loyalty and Premium Cabins

Related Coverage