/PRNewswire/ Wheels Up Experience Inc. (NYSE:UP) today announced financial results for the fourth quarter, which ended December 31, 2021. Fourth Quarter.
/PRNewswire/ Wheels Up Experience Inc. (NYSE:UP) today announced financial results for the fourth quarter, which ended December 31, 2021. Fourth Quarter.
/PRNewswire/ Wheels Up (NYSE:UP) today announced financial results for the second quarter, which ended June 30, 2021. Second Quarter 2021 Highlights Revenue.
Wheels Up Announces Record Revenue for First Quarter 2021
Strong year-over-year revenue growth of 68%
Investment in innovation, products, and technology drives significant momentum in ongoing strategic plan
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NEW YORK, May 20, 2021 /PRNewswire/ Wheels Up Partners Holdings LLC ( Wheels Up ) today announced financial results for the first quarter which ended March 31, 2021.
First Quarter 2021 Highlights
Active Members grew 56% year-over-year to 9,896
Adjusted EBITDA improved by $8.4 million year-over-year to ($8.7) million
Net loss improved by $12.3 million year-over-year to ($32.2) million We started this year strong, with record revenue driven by increased flying from our significant membership growth, and contributions from recent acquisitions. Our customers are flying longer distances and across all fleet categories. It is clear they continue to see the value in our trusted brand, reputation for exceptional ser