Wheels Up Announces Its Financial Results For The Third Quarter

On Thursday, November 7th, Wheels Up released its earnings and financial results for the third quarter of this year. The company reported a stabilization of quarterly revenue that aligned with the first and second quarters of this year. Wheels Up also reported an improvement in its net loss, signaling the company is headed toward profitability. Over the past several months, Wheels Up announced several changes in its operations, including the sale of its aircraft management services business and a fleet modernization project.