Wheels Up Records Q1 Decline In Revenue, Losses Amid Restructuring
Credit: Nigel Prevett / Aviation Week
Wheels Up, a provider of on-demand private aviation, posted first quarter (Q1) 2024 revenue of $197 million, down 44% from a year ago primarily from its decision to exit its aircraft management and aircraft sales businesses, the company says. Net losses slightly improved during the quarter with a...
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