Company Wheels Up Experience Inc.

Equities

UP

US96328L2051

Airlines

Market Closed - Nyse 04:00:02 2024-05-09 pm EDT After market 07:09:12 pm
2.16 USD -3.14% Intraday chart for Wheels Up Experience Inc. 2.2 +1.85%

Business Summary

Wheels Up Experience Inc. is a provider of private aviation in the United States. The Company offers a complete global aviation solution with a diverse fleet and a global network of safety vetted charter operators. It connects private flyers to aircraft, and to one another, through an open platform. It provides its private aviation services through its membership program, which allows members to select the membership for their flying needs and receive additional benefits from the purchase of dollar-denominated credits that can be applied to future costs, including flight services, annual dues, and other incidental costs such, as catering and ground transportation. It offers global charter solutions to members and non-member customers through its subsidiary, Air Partner Limited. Its additional services include wholesale charter and other activities and services. It offers wholesale charter services to customers, such as charter flight brokers and third-party operators.

Number of employees: 2,161

Sales per Business

USD in Million2022Weight2023Weight Delta
Flight
70.5 %
1,073 67.9 % 884 70.5 % -17.62%
Aircraft Management
14.0 %
242 15.3 % 176 14.0 % -27.35%
Other
8.8 %
175 11.0 % 111 8.8 % -36.64%
Membership
6.6 %
90 5.7 % 83 6.6 % -8.07%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
92.3 %
1,580 100.0 % 1,157 92.3 % -26.75%
Other
7.7 %
-- 96 7.7 % -

Managers

Managers TitleAgeSince
Chief Executive Officer 58 23-09-19
Director of Finance/CFO 48 22-06-29
Corporate Officer/Principal 39 19-01-31
General Counsel 59 20-11-30
Sales & Marketing 55 23-05-14
Corporate Officer/Principal 51 23-05-31
Corporate Officer/Principal 60 23-02-28

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 23-09-19
Director/Board Member 53 19-03-31
Chairman 45 23-09-19
Chairman 55 23-08-14
Director/Board Member 52 13-09-30
Chief Executive Officer 58 23-09-19
Director/Board Member 40 23-09-19
Director/Board Member 33 23-09-19
Director/Board Member 50 22-02-23
Director/Board Member 67 23-09-25

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 697,597,199 608,746,244 ( 87.26 %) 275,707 ( 0.0395 %) 87.26 %

Shareholders

NameEquities%Valuation
Knighthead Capital Management LLC
37.02 %
258,169,208 37.02 % 741 M $
Kore Advisors LP
3.702 %
25,816,921 3.702 % 74 M $
Vanguard Global Advisers LLC
0.7177 %
5,004,355 0.7177 % 14 M $
1,158,860 0.1662 % 3 M $
Millennium Management LLC
0.0657 %
458,376 0.0657 % 1 M $
292,823 0.0420 % 840 402 $
BlackRock Institutional Trust Co. NA
0.0349 %
243,082 0.0349 % 697 645 $
206,539 0.0296 % 592 767 $
202,309 0.0290 % 580 627 $
198,645 0.0285 % 570 111 $
NameEquities%Valuation
Arrow Capital Management, Inc.
-
10,000 - 70 $
Hollencrest Capital Management LLC
-
432 - 3 $

Company contact information

Wheels Up Experience, Inc.

2135 American Way Suite 900

30341, Chamblee

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http://www.wheelsup.com
address Wheels Up Experience Inc.(UP)
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