Wheels Up Losses Decline As Revenue Grows In Q1

Wheels Up Textron Aviation Cessna King Air
KIng Air
Credit: Wheels Up
Wheels Up recorded a 68% growth in revenue and a 56% bump in active members during the first quarter of 2021, compared to the same period a year ago, as new clients turned to private aircraft following pandemic concerns and due to an increase from recent acquisitions. The private travel provider...
Molly McMillin

Molly McMillin, a 30-year aviation journalist, is managing editor of business aviation for Aviation Week and editor-in-chief of The Weekly of Business Aviation, an Aviation Week market intelligence report.

Subscription Required

 

Wheels Up Losses Decline As Revenue Grows In Q1 is published in Business Aviation & Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Business Aviation & Advanced Air Mobility Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the business aviation and AAM community.