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Earnings Call Summary | Wheels Up Experience(UP.US) Q1 2024 Earnings Conference

Earnings Call Summary | Wheels Up Experience(UP.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Wheels Up Experience (UP.US) 2024 年第一季度業績會議
富途資訊 ·  05/11 05:22  · 電話會議

The following is a summary of the Wheels Up Experience Inc. (UP) Q1 2024 Earnings Call Transcript:

以下是Wheels Up Experience Inc.(UP)2024年第一季度業績電話會議記錄的摘要:

Financial Performance:

財務業績:

  • Wheels Up reported Q1 revenue of $197 million, down 44% from the previous year due to the company's exit from aircraft management and sales businesses and a shift to a reduced Programmatic flying area.

  • Wheels Up posted a GAAP net loss of $97 million for the quarter, showing a slight improvement year-over-year.

  • Wheels Up報告稱,第一季度收入爲1.97億美元,同比下降44%,這是由於該公司退出飛機管理和銷售業務以及向縮小編程飛行區域的轉移。

  • Wheels Up公佈的本季度GAAP淨虧損爲9,700萬美元,同比略有改善。

Business Progress:

業務進展:

  • Wheels Up saw impressive growth in Q1 Charter flight transaction value (FTV), which now constitutes over half the value of flights provided to customers.

  • The company is nearing the completion of the transition and consolidation of their fleet within a regional footprint, with less than 20% of current blocks on old rule sets.

  • A new flagship maintenance facility is set to open later this year, indicating progress in infrastructure development.

  • The firm has set a target for positive adjusted EBITDA later in the year, highlighting its focus on profitable demand generation.

  • Wheels Up在第一季度包機航班交易額(FTV)實現了驚人的增長,現在佔提供給客戶的航班價值的一半以上。

  • 該公司在區域範圍內的機隊的過渡和整合已接近完成,目前的封鎖中只有不到20%是舊規則集。

  • 新的旗艦維護設施定於今年晚些時候開放,這表明基礎設施建設取得了進展。

  • 該公司設定了今年晚些時候調整後的息稅折舊攤銷前利潤爲正的目標,這突顯了其對盈利需求創造的關注。

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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