Wheels Up Outlines Path to Profitability After Another Quarterly Loss
Since going public via a SPAC-IPO last summer, Wheels Up’s share price has slumped in the public markets amid questions about its addressable market and profitability.
Since going public via a SPAC-IPO last summer, Wheels Up’s share price has slumped in the public markets amid questions about its addressable market and profitability.
BusinessAir TV spoke with Stefan Eling, Sr. International Captain at Gulfstream Aerospace at NBAA-BACE 2022 to discuss the G700 and its upcoming maiden world tour with stops in Europe, Asia, Australia and South America.
Textron continues to provide innovation with their Cessna Sky Courier and Beechcraft Denali aircraft. The twin engined turboprop, Sky Courier is optimized for cargo operations with companies like FedEx. Denali, a single engine turboprop, is expected to have 20 percent better fuel efficiency, with lower operating costs and better performance than its peers.
Aircraft manufacturer Embraer announced today that during its third quarter of this year, it delivered 33 aircraft to various customers, which is 10 percent more than it did in the same period last year.