On-demand private operator Wheels Up is reportedly laying off more workers, primarily pilots, following an $82.3 million net loss in the second quarter of 2025.
Despite the significant net loss and a 3% decrease in revenue, the company reported some year-over-year financial improvements, including a 15% better net loss and narrowed adjusted EBITDA/EBITDAR losses compared to Q2 2024.
This marks a second round of workforce reductions for Wheels Up, which previously laid off 11 percent of its pilots in 2024.
On-demand private operator Wheels Up is reportedly laying off more workers following an $83 million net loss in the second quarter.
Multiple sources tell FLYING that the company is cutting more jobs, including pilots. Website Private Jet Card Comparisons also reported the workforce reduction
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Ryan is Group President of Firecrown Media’s Aviation Group, overseeing a portfolio that includes FLYING, AirlineGeeks, AVweb, Plane + Pilot, KITPLANES, and AircraftForSale.com. He founded AirlineGeeks.com in February 2013 and has more than a decade of experience across aviation media, airport operations, airline workforce planning, and Part 135 regulatory compliance. His experience ranges from time behind the yoke of a Cessna 172 to interviewing aviation industry executives. Ryan holds a B.S. in Air Transportation Management and an MBA from Arizona State University and is an adjunct instructor at Embry-Riddle Aeronautical University.
