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Wheels Up (UP) Reports First-Ever Positive Adjusted EBITDAR and Narrowed Net Loss in Q4 2025
Yahoo Finance· 2026-02-25 10:44
Wheels Up Experience Inc. (NYSE:UP) is one of the best penny stocks under $1 to buy right now. On February 19, Wheels Up Experience reported earnings for Q4 2025, achieving its first-ever positive Adjusted EBITDAR of $37 million and a 67% year-over-year improvement in net loss. While total revenue remained flat sequentially at $184 million, the company benefited from a stronger mix of profitable membership flying and the early results of a $70 million cost-reduction initiative. The quarter was further su ...
13 Best Penny Stocks Under $1 to Buy Right Now
Insider Monkey· 2026-02-25 03:01
Earlier on January 8, Royce Investment Partners co-chief investment officer Francis Gannon appeared on Yahoo Finance’s ‘Market Domination Overtime’ to suggest that it is time for investors to get on board with small-cap stocks. Gannon noted that the Russell 2000 had then gained over 3% so far in 2026. He believes that a leadership shift is occurring, with small caps outperforming the S&P 500 by about 400 basis points since April of the previous year. This shift was driven by the end of a two-year earnings r ...
Why Wheels Up Experience Stock Is Plummeting Today
Yahoo Finance· 2026-02-19 20:45
Both the Dow Jones Industrial Average and the S&P 500 seem likely to finish today lower than yesterday, but there's little doubt that Wheels Up Experience (NYSE: UP) stock will lose altitude. The private jet company reported fourth-quarter 2025 financial results today before the bell rang, and investors are clearly unhappy with the results, sending Wheels Up stock lower. As of 2:20 p.m. ET, shares of Wheels Up are down 11.7%. Will AI create the world's first trillionaire? Our team just released a report o ...
Wheels Up Experience Inc. (UP) Presents at Barclays 43rd Annual Industrial Select Conference Transcript
Seeking Alpha· 2026-02-19 17:54
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Wheels Up Experience (NYSE:UP) FY Conference Transcript
2026-02-19 16:27
Summary of Wheels Up Experience FY Conference Call Company Overview - **Company**: Wheels Up Experience (NYSE: UP) - **Industry**: Private Aviation - **Business Model**: Membership-based and global charter brokerage Key Points Business Evolution - Wheels Up has evolved from a U.S.-based membership business to a global company with two main segments: programmatic membership in the U.S. and a global charter business, being the largest global charter broker [4][5] - The company has a strategic partnership with Delta Air Lines, integrating private and commercial aviation offerings [5] Fleet Transition - The fleet is transitioning from legacy Citation jets to a modern fleet of Phenom 300s and Bombardier Challenger 300s and 350s, with 40% of the transition completed and expected to finish by the end of 2026 [7][8] - This transition aims to reposition the company towards a more premium and corporate-centric market [8] Revenue Model - Membership revenue is approximately $600 million annually, with a membership fee of $500 per month or $6,000 per year [10][12] - The charter business also generates around $600 million in net revenue, leading to a total revenue of approximately $1.2 billion [14][15] Financial Performance - The U.S. operations currently have a gross margin of 19%, with a goal of achieving 30%+ contribution margins post-fleet transition [16][20] - The company reported a positive EBITDA for the first time, reversing a previous loss of over $200 million annually [19][68] Cost Management - Inflation impacts various costs, including labor and fuel, but the company has been able to pass these costs through to customers due to strong demand [22] - The company does not have a pilots' union, which may provide flexibility in managing labor costs [21] Strategic Partnership with Delta - The partnership with Delta allows Wheels Up to market to Delta's 40,000 corporate customers, enhancing their corporate sales segment, which has grown at a compound rate of 25% [24] - Delta's SkyMiles loyalty program presents additional opportunities for customer acquisition [25] Market Position and Competition - Wheels Up positions itself uniquely in the market, combining membership and charter services, unlike competitors who operate in silos [52] - Major competitors include NetJets, FlexJet, and VistaJet, but Wheels Up aims to capture market share from the fractional ownership model by offering more flexible solutions [53] Future Growth and Goals - The company aims to increase operational efficiency, targeting 70+ hours of revenue per month per plane, which could significantly enhance profitability [66] - Long-term goals include transitioning to a more traditional public equity base and attracting new investors as the company matures [71] Customer-Centric Approach - The company emphasizes a customer-centric model, tailoring aviation solutions to meet specific customer needs, which is expected to enhance customer experience and retention [46][48] Operational Strategy - The company is balancing its customer base between corporate and leisure clients to optimize fleet utilization [41][42] - The charter business operates globally, with a presence in major markets including the U.S., Europe, and Asia [44] Additional Insights - The integration of sales teams from membership and charter services aims to streamline customer interactions and improve service delivery [49][51] - The company is focused on creating a flexible and accessible private aviation experience, addressing historical barriers to entry in the market [36]
Wheels Up Experience (UP) - 2025 Q4 - Annual Results
2026-02-19 11:56
Exhibit 99.1 Wheels Up Announces Fourth Quarter Results Significant improvement in Net loss and first-ever positive Adjusted EBITDAR on benefits from fleet transition and cost reduction initiatives Operational reliability reaches record levels in fourth quarter Fleet modernization, introduction of Signature Membership, and Delta partnership advance commercial momentum ATLANTA – February 19, 2026 – Wheels Up Experience Inc. (NYSE:UP) today announced financial results for the fourth quarter of 2025. Highlight ...
Wheels Up Announces Fourth Quarter Results
Prnewswire· 2026-02-19 11:55
(26,654)$ (84,613)__________________(1)Consists of expenses associated with the Company's global integration efforts, including charges for employee separation programs and third-party advisor costs. (2)Consists of expenses incurred in connection with the execution of our fleet modernization strategy first announced in October 2024, which primarily includes expenses associated with transitioning our Bombardier Challenger 300 series and Embraer Phenom 300 series aircraft to our operations and pilot training ...
Wheels Up to Present at Barclays Industrial Select Conference
Prnewswire· 2026-02-12 13:30
Core Viewpoint - Wheels Up Experience Inc. is set to present at the Barclays Industrial Select Conference, highlighting its position as a leading provider in the on-demand private aviation sector [1] Company Overview - Wheels Up Experience Inc. operates as a prominent global provider of on-demand private aviation, featuring a large and diverse fleet [1] - The company collaborates with safety-vetted charter operators, emphasizing a commitment to safety and service [1] - Wheels Up offers charter and membership programs along with premium commercial travel benefits through a strategic partnership with Delta Air Lines [1] - Additionally, the company provides cargo services to various clients, including individuals and government organizations, via Air Partner Cargo [1] Event Details - The presentation will take place on February 19, 2026, at 10:25 am ET in Miami, FL [1] - A live webcast of the event will be available, with an online replay accessible shortly after the event concludes [1]
Wheels Up Announces Fernando Mendoza as Brand Ambassador
Prnewswire· 2026-02-05 13:30
Core Insights - Wheels Up Experience Inc. has announced the addition of NCAA National Champion and 2025 Heisman Trophy winner Fernando Mendoza to its Ambassador community, highlighting the company's focus on serving elite athletes with flexible travel solutions [1][4] Company Overview - Wheels Up is a leading global provider of on-demand private aviation, offering a diverse fleet and a network of safety-vetted charter operators committed to safety and service [5] - The company provides access to charter and membership programs, as well as premium commercial travel benefits through a strategic partnership with Delta Air Lines [5] Customer-Centric Approach - Mendoza and his family were attracted to Wheels Up for its customer-centric aviation approach, modernized fleet, and hybrid travel model that allows seamless transitions between private and commercial flying [2] - The integrated travel model is particularly beneficial for families with unique needs, such as Mendoza's mother, who requires a thoughtful travel solution due to her health condition [2][4] Brand Alignment and Values - CEO George Mattson emphasized that Mendoza exemplifies leadership and family values, aligning with Wheels Up's mission to support members with flexible travel solutions [3] - The company aims to remove barriers for its customers, allowing them to focus on what matters most, which resonates with Mendoza's family-first philosophy [3] Engagement and Community - As a Wheels Up Ambassador, Mendoza will engage with the community through select experiences, reflecting the company's commitment to serving athletes and their families with tailored aviation solutions [4]
Wheels Up Announces Ben Griffin as Brand Ambassador
Prnewswire· 2026-01-21 13:30
Core Insights - Wheels Up Experience Inc. has announced professional golfer Ben Griffin as a new ambassador, highlighting the company's focus on flexibility and connectivity in private aviation [1][3] Company Overview - Wheels Up is a leading provider of on-demand private aviation in the U.S., featuring a diverse fleet and a global network of safety-vetted charter operators [5] - The company offers charter and membership programs, along with commercial travel benefits through a strategic partnership with Delta Air Lines [5] Partnership and Travel Model - The partnership with Delta Air Lines allows customers to seamlessly combine private aviation with commercial travel, optimizing travel options and simplifying logistics [2] - This hybrid travel model enhances flexibility for users, enabling them to travel solo, with teams, or with family without compromising on convenience [2] Athlete Engagement - Ben Griffin's appointment as a Wheels Up Ambassador reflects the company's strategic focus on professional sports, with dedicated support for athletes and sports organizations [4] - Griffin's rapid rise in professional golf, including three PGA Tour wins and a ranking of No. 8 in the world, aligns with Wheels Up's brand values of professionalism and community engagement [3] Customer-Centric Approach - Wheels Up aims to remove barriers for its members, allowing them to focus on what matters most, such as performance and family [3] - Griffin emphasizes the importance of time management in his demanding schedule, highlighting Wheels Up's solutions-based approach to travel [4]