Corrected: Wheels Up Optimistic Amid Stabilized Losses
Charter/fractional operator Wheels Up reported in an earnings call today (May 9) that the company is “positioned for long-term profitable growth,” despite continued net losses and adjusted EBITDA numbers (earnings before interest, taxes, depreciation and amortization). As reported on the online news source Private Jet Card Comparisons, CEO George Mattson, who replaced company founder Kenny […]