Wheels Up Experience Inc - Ordinary Shares - Class A Stock News

PORTLAND, Ore.--(BUSINESS WIRE)--University of Portland (UP) is proud to announce a $20 million dollar gift — one of the largest single gifts in school history — from a multi-generational family whose ties to the University span more than 65 years. The historic gift will support the University's priorities of enhancing student access, supporting academic excellence, and strengthening student fo...

Shares of Wheels Up have begun a modest rebound after the company's Q3 earnings release. Importantly, Wheels Up announced a $332 million financing package from Bank of America and guaranteed by Delta to purchase new aircraft. Standardizing Wheels Up's fleet with newer aircraft is expected to boost flight operations and maintenance costs, a key lever in the company's plan to hit adjusted EBITDA ...

Greer to lead Wheels Up's investor relations strategy as well as the development and implementation of company's sustainability strategy ATLANTA , Nov. 19, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP), a global leader in private aviation, today announced the appointment of Jill Greer as Executive Vice President, Investor Relations and Sustainability. Jill brings over two decades of...

New Bank of America-led facility, with Delta Air Lines credit support, provides growth flexibility as Wheels Up expands its fleet with GrandView Aviation assets to enhance customer experience ATLANTA , Nov. 14, 2024 /PRNewswire/ -- On November 13, 2024, Wheels Up Experience Inc. (NYSE: UP ) closed its new $332 million revolving equipment notes facility with Bank of America, and completed the ac...

Wheels Up Experience Inc. (NYSE:UP ) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Keith Ferguson - Investor Relations George Mattson - Chief Executive Officer Eric Cabezas - Interim Chief Financial Officer Operator Welcome to Wheels Up's Third Quarter 2024 Earnings Conference Webcast. It is my pleasure to introduce Keith Ferguson.

Improvement in financial performance driven by operating initiatives over past year Fleet modernization plan represents next phase of strategic journey to profitability  New credit facility expected to strengthen balance sheet; credit support from Delta Air Lines underscores commitment to strategic partnership ATLANTA , Nov. 7, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE:UP) today anno...

Wheels Up to transition its current jet fleets to Phenom 300 Series and Challenger 300 Series aircraft Entered into agreement to acquire GrandView Aviation's entire fleet of  17 Phenom 300 and Phenom 300E aircraft Entered into agreement to sell entire owned fleet of super mid Citation X aircraft and lease for a limited period in preparation for transition to Challenger fleet New fleet to be out...

ATLANTA , Oct. 17, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced that it will release its third quarter 2024 financial results on Thursday, November 7, 2024. Management will provide a review of the quarter and business update in prepared remarks during a webcast at 10 am ET.