NYSE:UP

Wheels Up Appoints Dave Harvey as Chief Commercial Officer

Retrieved on: 
Monday, May 6, 2024
Business travel, News, AirTran Airways, Wheel, Wheels Up, Dallas Love Field, Travel, Growth, Strategic planning

NEW YORK, May 6, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced Dave Harvey as its new Chief Commercial Officer, leading the company's commercial strategy and further strengthening Wheels Up's position at the forefront of the premium aviation industry. 

Key Points: 
  • Harvey to lead integration of Wheels Up's commercial functions,
    NEW YORK, May 6, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced Dave Harvey as its new Chief Commercial Officer, leading the company's commercial strategy and further strengthening Wheels Up's position at the forefront of the premium aviation industry.
  • His work across technology, network planning, strategic planning, commercial strategy and sales culminated in his position as Chief Sales Officer managing Southwest's business to business (B2B) segment, significantly increasing the airline's market share among business travelers under his leadership.
  • As we continue to build the best team in the industry, we look forward to Dave joining Wheels Up and hitting the ground running."
  • Harvey is expected to officially begin his role at Wheels Up on May 20, 2024.

Wheels Up Announces Date of First Quarter 2024 Earnings Release and Webcast

Retrieved on: 
Tuesday, April 23, 2024
Webcast

NEW YORK, April 23, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced that it will release its first quarter 2024 financial results on Thursday, May 9, 2024.

Key Points: 
  • NEW YORK, April 23, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced that it will release its first quarter 2024 financial results on Thursday, May 9, 2024.
  • Management will provide a review of the quarter and business update in prepared remarks during a webcast at 10 am ET.
  • An online replay of the conference call will be available approximately three hours after the webcast.

Wheels Up to Open State-of-the-Art Maintenance Facility at Palm Beach International Airport

Retrieved on: 
Thursday, April 18, 2024
PBI, MRO, Adjustment, Aviation, Palm Beach International Airport, Airline

NEW YORK, April 18, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced a significant step toward becoming the best-run private aviation company with the forthcoming opening of a new, state-of-the-art maintenance facility at Palm Beach International Airport (PBI). Due to open this year, the facility at PBI represents a strategic shift in the allocation of the company's maintenance facilities, with an end goal of better aligning resources to the company's geographic network and flight demand density. 

Key Points: 
  • Due to open this year, the facility at PBI represents a strategic shift in the allocation of the company's maintenance facilities, with an end goal of better aligning resources to the company's geographic network and flight demand density.
  • "We at Wheels Up are continuously evaluating and acting upon opportunities that will drive efficiencies and control costs, all in service of strengthening our business model and improving our member experience," said Wheels Up CEO George Mattson.
  • "The opening of our new state-of-the-art maintenance facility at PBI is a key strategic step, leveraging our resources and locating our facilities in areas of high flight frequency.
  • The process of closing the facilities in Cincinnati and Broomfield, CO will begin immediately, while the Fort Lauderdale relocation will take place following the opening of the new facility in Palm Beach, FL later this year.

Wheels Up Announces Tom Klein to Join Board of Directors

Retrieved on: 
Thursday, March 7, 2024
Annual general meeting, Senior, Shareholder, Travel, Travelocity, Commerce, Wheels Up, Advisory Council, Consolidated Freightways, Sabre Corporation, American Airlines, Business, Management

NEW YORK, March 7, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced that Tom Klein, Senior Managing Director of Certares Management LLC ("Certares"), joined its Board of Directors, effective March 1.

Key Points: 
  • Mr. Klein fills the unexpired term of former Certares executive Jeffrey Nedelman, who is stepping down to focus on other commitments.
  • Mr. Klein is expected to stand for election to a full term on the Board at the company's 2025 Annual Meeting of Shareholders.
  • "We are thrilled to add someone with Tom's extensive global aviation, travel and hospitality background to our Board of Directors," said George Mattson, Wheels Up CEO.
  • I'd also like to thank Jeff for his time and service to the Board and Wheels Up.

Wheels Up Announces Date of Fourth Quarter 2023 Earnings Release and Webcast

Retrieved on: 
Tuesday, February 20, 2024
Webcast

NEW YORK, Feb. 20, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced that it will release its fourth quarter 2023 financial results on Thursday, March 7, 2024.

Key Points: 
  • NEW YORK, Feb. 20, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced that it will release its fourth quarter 2023 financial results on Thursday, March 7, 2024.
  • Management will provide a review of the quarter and business update in prepared remarks during a webcast at 10 am ET.
  • An online replay of the conference call will be available approximately three hours after the webcast.

Wheels Up Enhances Operations Team with Industry Leading Experience

Retrieved on: 
Monday, February 5, 2024
Playbook, OCC, Security, Delta Air Lines, Safety, Aviation, SVP, MOC, Wheels Up

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced several organizational changes for its Atlanta-based operations team, as the company continues its journey to be the best-run, global aviation solutions provider. 

Key Points: 
  • With these additions and Dave Holtz leading our operations, I am confident that we have the best team in the industry."
  • With his new responsibilities he will lead the company's Member Operations Center (MOC) team overseeing Flight Control, Mission Planning, Member Services and Enterprise Operations Management.
  • Since joining the team late last year, Pat has applied his experience in maintenance control and operational expertise to accelerate the development of Wheels Up's capabilities.
  • Todd has led Wheels Up's pilot recruiting for the past five years and will work closely with Patrick Burns on flight operations.

5x5 Trading Launches Aircraft Brokerage and Advisory Business

Retrieved on: 
Tuesday, January 9, 2024
Aircraft, Wheels Up, Organization, Odegaard, Acquisition, Wheel, Air Partner

TAMPA, Fla., Jan. 9, 2024 /PRNewswire/ -- 5x5 Trading today announced the launch of its aircraft brokerage and advisory business and signed a three-year strategic services agreement with Wheels Up.  5x5 Trading was founded by former leaders of the Wheels Up aircraft sales division, John Odegard, Seth Zlotkin and Chris Brenner, as well as seasoned aircraft management and sales leader, Jeremy Bogle.

Key Points: 
  • TAMPA, Fla., Jan. 9, 2024 /PRNewswire/ -- 5x5 Trading today announced the launch of its aircraft brokerage and advisory business and signed a three-year strategic services agreement with Wheels Up.
  • 5x5 Trading was founded by former leaders of the Wheels Up aircraft sales division, John Odegard, Seth Zlotkin and Chris Brenner, as well as seasoned aircraft management and sales leader, Jeremy Bogle.
  • "We look forward to working closely with the 5x5 Trading team," said George Mattson, Wheels Up's Chief Executive Officer.
  • 5x5 Trading is an International Aircraft Dealers Association (IADA) accredited broker dealer providing brokerage, acquisition, trade and new aircraft advisory services and solutions to the business aircraft market.

Wheels Up Announces New Corporate Member Program, Up for Business, Designed for Small and Medium-Sized Enterprises

Retrieved on: 
Tuesday, October 31, 2023
Diamond, EVP, NYSE, SkyMiles, SVP, Wheel, Habit, Delta Air Lines, Business, Wheels Up, Travel, Airline, Delta, Global Sales Law Project

NEW YORK, Oct. 31, 2023 /PRNewswire/ -- Wheels Up Experience (NYSE: UP), a leading on-demand charter operator in the United States, today announced a new corporate program, Up for Business, to better serve its small and medium-sized enterprise members with a tailored private aviation solution that features industry-leading pricing, discounts, and benefits designed specifically for this size business and their executives.

Key Points: 
  • The new program supplements the company's portfolio of products designed specifically for corporate travel.
  • Wheels Up's significant network density along the east and west coasts and differentiated corporate flight solutions are anticipated to complement the flying habits of most corporate travelers.
  • "Wheels Up corporate members now have the ability to choose a solution that fits their flight profile and business needs," said Robert Bourrier, EVP, Global Sales.
  • We look forward to working closely with the Wheels Up team to provide unparalleled service as leaders in commercial and private aviation."

Wheels Up Announces Date of Third Quarter 2023 Earnings Release and Webcast

Retrieved on: 
Thursday, October 19, 2023
NYSE, Webcast, Rare-earth element, Video game, Cryptocurrency

NEW YORK, Oct. 19, 2023 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced that it will release its third quarter 2023 financial results on Thursday, November 9, 2023.

Key Points: 
  • NEW YORK, Oct. 19, 2023 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced that it will release its third quarter 2023 financial results on Thursday, November 9, 2023.
  • Management will provide a review of the quarter and business update in prepared remarks during a webcast at 10 am ET.
  • An online replay of the conference call will be available approximately three hours after the webcast.

Wheels Up Finalizes New Investment with Delta, Certares, Knighthead and Cox

Retrieved on: 
Wednesday, September 20, 2023
Partnership, Travel, PJT Partners, Delta Air Lines, Kirkland & Ellis, Cox, Jefferies Group, Growth, NYSE, Cox Enterprises, Wheel, Airline, Security (finance), Management, Delta

NEW YORK, Sept. 20, 2023 /PRNewswire/ -- Wheels Up Experience (NYSE: UP) today announced that it has closed the previously announced investment by Delta Air Lines, Certares Management LLC, Knighthead Capital Management LLC and Cox Enterprises.

Key Points: 
  • NEW YORK, Sept. 20, 2023 /PRNewswire/ -- Wheels Up Experience (NYSE: UP) today announced that it has closed the previously announced investment by Delta Air Lines, Certares Management LLC, Knighthead Capital Management LLC and Cox Enterprises.
  • 1 premium airline, with the travel and tourism focus of Certares and turnaround and restructuring experience of Knighthead.
  • It includes an agreement for a $500 million credit facility to Wheels Up, with funds contributed by Delta and CK Wheels LLC, which is co-managed by affiliates of Certares and Knighthead, and Cox.
  • "This investment and new leadership puts Wheels Up on a strong path to future success."