Wheels Up Experience Inc Stock Price, News & Analysis

Wheels Up Experience (NYSE:UP), a leading on-demand private aviation provider, announced that CEO George Mattson will deliver a presentation at the Jefferies Industrials Conference. The event will take place on September 4, 2025, at 12:50 PM ET in New York, NY. Investors can access the live presentation through the company's investor relations website at investors.wheelsup.com, with a replay available shortly after the event.

Wheels Up (NYSE:UP) has announced the sale of three non-core services businesses - Baines Simmons, Kenyon International Emergency Services, and Redline Assured Security - for $20 million before transaction expenses. The company plans to reinvest the proceeds into its fleet modernization strategy and general corporate purposes.

This divestiture aligns with Wheels Up's strategic initiatives, including recently announced cost efficiency measures expected to generate $50 million in savings. CEO George Mattson emphasized that this move is part of their broader strategy to enhance operational focus, strengthen the balance sheet, and achieve sustainable profitability.

Wheels Up (NYSE:UP) reported its Q2 2025 financial results, showing improved profitability despite lower revenue. The company posted revenue of $189.6 million, down 3% year-over-year, while reducing its net loss by 15% to $82.3 million.

Key improvements include a $13.2 million increase in gross profit to $2.2 million and an Adjusted Contribution Margin rise of 4 percentage points to 12.2%. The company's fleet modernization strategy progressed with premium Phenom and Challenger jets now comprising 20% of the controlled fleet, while 31 legacy aircraft were eliminated in H1 2025.

The Delta partnership showed strong growth with corporate membership fund sales increasing over 25% year-over-year. Wheels Up is implementing cost-saving initiatives expected to deliver $50 million in annual cash savings, with full impact anticipated in late 2026.

Wheels Up Experience (NYSE:UP) has scheduled its second quarter 2025 earnings release for Thursday, August 7, 2025. The company will make all earnings-related materials available on its investor relations website at investors.wheelsup.com.

Wheels Up Experience (NYSE: UP) has announced significant executive leadership changes to enhance its go-to-market strategy and accelerate growth. Mark Briffa, current CEO of Air Partner and EVP of Charter, has been promoted to Chief Sales Officer to unify global sales across Membership and Charter offerings. Meaghan Wells has been appointed as Chief Growth Officer, overseeing commercial strategy, revenue management, product strategy, and competitive analysis. Kristen Lauria's role as Chief Marketing Officer has been expanded to include customer experience responsibilities. Dave Harvey, Chief Commercial Officer, will transition to a senior advisor role through August 2025. These changes align with the company's transformation journey and strategic partnership with Delta Air Lines, focusing on delivering comprehensive global aviation solutions.

Wheels Up Experience (NYSE: UP) has successfully regained compliance with NYSE's continued listing standards for minimum share price requirements. The private aviation company achieved this milestone just over a month after receiving a continued listing standard notice, demonstrating market-driven stock appreciation. CEO George Mattson highlighted that the company's current market capitalization of approximately $1 billion reflects its scale and strength. As of May 30, 2025, UP's stock maintained a closing share price of at least $1.00 and an average closing share price above $1.00 over a 30-day trading period, meeting NYSE's Section 802.01C requirements. The company will continue trading on NYSE subject to ongoing compliance with listing standards.

Wheels Up Experience (NYSE: UP) has announced a global partnership with United Autosports, a leading endurance racing team and McLaren Automotive's official racing partner. The collaboration will provide Wheels Up customers with exclusive access to prestigious motorsport events, including the FIA World Endurance Championship, European Le Mans Series, and WeatherTech IMSA SportsCar Championship.

The partnership launches at the 2025 24 Hours of Le Mans on June 14-15, coinciding with McLaren's 30th anniversary of their 1995 victory. Wheels Up's branding will be featured on United Autosports' vehicles and uniforms, debuting at Le Mans. Customers will gain behind-the-scenes access, trackside viewing, and direct interaction with team members at various global racing events, from Sebring and Daytona to Spa, Imola, and Bahrain.

Atmus Filtration Technologies (NYSE: ATMU) has appointed Laura Heltebran as Chief Legal Officer and Corporate Secretary, effective May 13, 2025. Reporting to CEO Steph Disher, Heltebran joins the Atmus Leadership Team with extensive legal experience, most notably serving as EVP, Chief Legal Officer & Corporate Secretary at Wheels Up, where she led the company's 2021 NYSE IPO. Her career includes senior legal positions at prominent companies including Hilton Worldwide, Hewlett Packard Enterprise, and MCI Telecommunications. Heltebran holds NACD Directorship Certification and is a graduate of George Mason University with a Juris Doctor from the Antonin Scalia Law School.

Wheels Up Experience (NYSE: UP), a private aviation company, announced that CEO George Mattson will present at the Bank of America Industrials, Transportation, and Airlines Key Leaders Conference in New York. The presentation is scheduled for Thursday, May 15, 2025, at 8:45 am ET. Investors can access the live webcast through the Events & Presentations section of the company's Investor Relations website, where an archived version will also be available afterward.