Live Breaking News & Updates on Wheels Up Blocker Sub

Stay updated with breaking news from Wheels up blocker sub. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Wheels Up Announces Record Revenue for First Quarter 2021


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
News provided by
Share this article
Share this article
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 b ....

United States , Cayman Islands , Eric Jacobs , Vinayak Hegde , Kenny Dichter , Kittyhawk Merger Sub , Aspirational Consumer Lifestyle Corp , Gama Aviation , Golden Harvest Food Bank , Wheels Up Private Jets , Exchange Commission , Mountain Aviation , Delta Air Lines , Wheels Up Blocker Sub , Delta Private Jets , Wheels Up Partners Holdings , Wheels Down , Airbnb Executive , Chief Marketplace Officer , Aspirational Consumer Lifestyle , Wheels Up Cares , Feeding America , Golden Harvest Food , Analyst Day , Months Ended March , Live Flight Legsand Revenue ,