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Wheels Up Partners with Landry's Inc. to offer Nationwide Fine Dining and Luxury Hospitality Benefits For Core and Business Members prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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 ....