Wheels Up Responds To Bankruptcy Speculation Following 60% Drop in Stock Price

Wheels Up
Credit: Wheels Up
Financially troubled Wheels Up has responded to the latest round of bankruptcy speculation following a 60% drop in its stock price after reports that it had hired strategic advisors who specialize in restructuring. On June 22, the Wall Street Journal reported that the company had hired lawyers from...
Molly McMillin

Molly McMillin, a 25-year aviation journalist, is managing editor of business aviation for the Aviation Week Network and editor-in-chief of The Weekly of Business Aviation, an Aviation Week market intelligence report.

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