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Commerce

Quarterly revenues dip 44pc at Wheels Up

May 10, 2024

Moving away from the sale of aircraft is credited for the declining figures. Image credit: Wheels Up From Jan. 1 - March 31, 2024, year-on-year global business jet activity remained stagnant, down 2 percent compared to Q1 2022. Image credit: Wheels Up

 

By Luxury Daily News Service

Private aviation firm Wheels Up is restructuring its business operations.

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  1. Kering to acquire jewelry manufacturer Raselli Franco Group
  2. Louis Vuitton introduces Visionary Journeys Seoul
  3. Savannah College of Art and Design debuts SCAD LUXE research center
  4. Exclusive Resorts purchases Inspirato for $59M
  5. Ennismore picks Bangkok site for first-in-region SLS Residences
  6. Lamborghini heads to French Alps for women-led driving series
  7. Follow @LuxuryDaily for the latest in luxury news
  8. Brunello Cucinelli casts holiday spell with ‘Cinema Meraviglia’
  9. Off the Cuff: Getting to know luxury's top-tier talent in 2025
  10. ‘The defining theme of 2026 is connection – between people, systems and senses’: The Future Laboratory
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