BRIEF-Wheels Up Announces Divestiture Of Non-Core Services Businesses-February 2024-www.financetom.com

BRIEF-Wheels Up Announces Divestiture Of Non-Core Services Businesses

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BRIEF-Wheels Up Announces Divestiture Of Non-Core Services Businesses

Aug 20, 2025 2:10 PM

Aug 20 (Reuters) - Wheels Up Experience Inc ( UP ):

* WHEELS UP ANNOUNCES DIVESTITURE OF NON-CORE SERVICES

BUSINESSES

* WHEELS UP EXPERIENCE INC ( UP ) - SELLS NON-CORE BUSINESSES FOR

$20

MILLION

* WHEELS UP EXPERIENCE INC ( UP ) - EXPECTS $50 MILLION COST

EFFICIENCIES

* WHEELS UP EXPERIENCE INC ( UP ) - NET PROCEEDS FROM THE SALE TO

REINVEST IN FLEET MODERNIZATION

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