Wheels Up reports Q3 EPS ($3.51) vs. ($6.09) last year

Reports Q3 revenue $320.06M vs. $420.4M last year. “The strategic investment from Delta Air Lines, along with our new partners, demonstrates their confidence in our operational and commercial plan to deliver a compelling and differentiated experience for our customers,” said George Mattson, CEO. “I look forward to leveraging a deeper relationship with Delta and further integrating our collective offerings to provide a truly seamless connection between private and premium commercial travel.” “Despite the challenging year, we are proud of the progress we have made on our operating and profitability goals and the renewed market confidence resulting from the recently closed capital infusion,” said Todd Smith, CFO. “Our on-time performance and controllable interruption rates are improving, and the third quarter marked our best profit performance since 2021.”