Airline

Wheels Up net losses widen in first quarter

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Wheels Up net losses widen in first quarter

US charter airline Wheels Up posted a net loss of $99.313 million for the first quarter of the year, widening its losses from $97.4 million a year prior. While total costs and expenses were down from $281.7 million to $258.3 million in the quarter, revenues fell 10% to $177.5 million, driving the w...

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