Harvey to lead integration of Wheels
Up's commercial functions,
driving profitable
business growth and further increasing market penetration
NEW
YORK, May 6, 2024 /PRNewswire/ -- Wheels Up
Experience Inc. (NYSE: UP) today announced Dave Harvey as its new Chief Commercial Officer,
leading the company's commercial strategy and further
strengthening Wheels Up's position at the forefront of the premium
aviation industry.
Harvey brings 25 years of experience spanning multiple
disciplines to the role. His work across technology, network
planning, strategic planning, commercial strategy and sales
culminated in his position as Chief Sales Officer managing
Southwest's business to business (B2B) segment, significantly
increasing the airline's market share among business travelers
under his leadership. Through the course of his career Dave was
also integral to several key operational initiatives for Southwest,
including the integration of AirTran, the expansion of Dallas
Love Field and the growth of the company's international travel
footprint – efforts which resulted in Harvey being named one of the
"25 Most Influential People in Business Travel" by Business Travel
News in 2019, 2020, 2021 and 2023.
"After an extensive search, I am delighted that we have been
able to add such a talented and accomplished leader to our team at
Wheels Up," said Wheels Up CEO George
Mattson. "Wheels Up's focus on profitable growth while
continuing to deliver operational excellence is key to our
continued success in 2024 and beyond, and Dave's incredible track
record at Southwest uniquely positions him to lead our commercial
team in building the integrated strategy of the future.
Bringing key elements of our commercial engine closer
together will further our mission to build the durable
business model our members and investors deserve. As we
continue to build the best team in the industry, we look forward to
Dave joining Wheels Up and hitting the ground running."
"Over the past eight months, Wheels Up has made great strides
towards its goal of becoming the best-run private aviation company
in the world and building a strategy in support of its vision of
delivering premium aviation solutions for every customer on every
flight, across both the commercial and private aviation
ecosystems. I'm thrilled to be a part of that journey," said
Harvey. "I look forward to working with George and the entire
Wheels Up team to build and drive an integrated commercial
strategy, supported by an industry leading operation, that
profitably delivers flight experiences worth repeating to our
customers."
Harvey's appointment is the latest in a series of recent
announcements made by Wheels Up to advance profitable growth and
operational excellence. Harvey is expected to officially begin his
role at Wheels Up on May 20,
2024.
About Wheels Up
Wheels Up is a leading provider of
on-demand private aviation in the U.S. and one of the largest
companies in the industry. Wheels Up offers a complete global
aviation solution with a large and diverse fleet and a global
network of safety vetted charter operators, all backed by an
uncompromising commitment to safety and service. Customers can
access charter and membership programs, as well as unique
commercial travel benefits through a one-of-a-kind, strategic
partnership with Delta Air Lines. Wheels Up also offers freight,
safety and security solutions and managed services to individuals,
industry, government and civil organizations.
Wheels Up is guided by the mission to deliver a premium solution
for every customer journey. With the Wheels Up mobile app and
website, members and customers have the digital convenience to
search, book and fly.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain "forward-looking statements"
within the meaning of the federal securities laws. Forward-looking
statements are predictions, projections and other statements about
future events that are based on current expectations and
assumptions and, as a result, are subject to known and unknown
risks, uncertainties, assumptions and other important factors, many
of which are outside of the control of Wheels Up Experience Inc.
("Wheels Up", or "we", "us", or "our"), that could cause actual
results to differ materially from the results discussed in the
forward-looking statements. These forward-looking statements
include, but are not limited to, statements regarding: (i) the
expected impact and timing of any new personnel or expected
personnel transitions; and (ii) Wheels Up's ability to achieve
positive Adjusted EBITDA (as defined in Wheels Up's Annual Report
on Form 10-K for the year ended December 31,
2023 ("Annual Report") filed with the U.S. Securities and
Exchange Commission (the "SEC") on March 7,
2024) pursuant to the schedule that we have announced or
otherwise achieve our profitability goals. In addition, any
statements that refer to projections, forecasts, or other
characterizations of future events or circumstances, including any
underlying assumptions, are forward-looking statements. The words
"anticipate," "believe," "continue," "could," "estimate," "expect,"
"intend," "may," "might," "plan," "possible," "potential,"
"predict," "project," "should," "strive," "would" and similar
expressions may identify forward-looking statements, but the
absence of these words does not mean that statement is not
forward-looking. We have identified certain known material risk
factors applicable to Wheels Up in our Annual Report filed with the
SEC and our other filings with the SEC. Moreover, it is not always
possible for us to predict how new risks and uncertainties that
arise from time to time may affect us. You are cautioned not to
place undue reliance upon any forward-looking statements, which
speak only as of the date made. Except as required by law, we do
not intend to update any of these forward-looking statements after
the date of this press release.
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SOURCE Wheels Up
