New York City-based Wheels Up (NYSE:UP), a private member-based aircraft operator, saw record revenue growth of 113 percent in the second quarter of the year, the company announced Thursday.
Wheels Up Announces Record Revenue Growth for Second Quarter
Key Takeaways:
- Wheels Up achieved record Q2 revenue growth of 113% and a substantial 146% increase in live flight legs.
- The private aircraft operator saw significant membership growth, nearly doubling year-over-year to over 10,500, with active users increasing by 27%.
- This robust growth, driven by strong demand and its membership model, establishes a solid foundation for Wheels Up following its recent listing as a public company.
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