Wheels Up Experience Inc. filed an 8-K on November 5, 2025, reporting financial results for the three months ended September 30, 2025 (Q3 2025). The filing, signed by CEO George Mattson, furnished the official earnings press release and investor letter.
Financial Performance and Liquidity: Q3 Total Revenue was \(185.5 million (down 4% YoY), while Total Gross Bookings grew 5% to \)266.6 million, primarily driven by a 14% increase in on-demand charter volume. The Net Loss widened to \((83.7 million). Adjusted EBITDA loss was \)(23.2 million), impacted by transitory costs associated with fleet m
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