Wheels Up Experience Inc. (UP) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Wheels Up fourth quarter 2023 earnings conference call webcast. It is my pleasure to introduce Keith Ferguson. Mr. Ferguson, you may begin the conference. Thank you. This morning we announced our fourth quarter financial results. The earnings release with the supporting tables, as well as a copy of today's presentation, can be found on our investor relations website at wheelsup.com slash investors. Please refer to the slide with our disclaimer. Today's presentation contains forward-looking statements based on our current forecast and expectations of future events. These statements should be considered estimates only, and actual results may differ materially. During today's webcast, we will refer to non-GAAP financial measures as outlined by SEC guidelines. Unless otherwise noted, all income statement-related financial measures will be non-GAAP other than revenue. Reconciliations of GAAP to non-GAAP financial measures and definitions of non-GAAP financial measures are found within the financial tables of our earnings suite and appendix of today's presentation. With that, I'd like to turn it over to Wheels Up's Chief Executive Officer, George Madsen. Thank you, Keith, and thanks to all of you for joining us today. Over the past five months as CEO, I've had the privilege of meeting with many of our loyal customers and partners who form a powerful Wheels Up community, and also with many of our prospective customers interested in the next chapter of the Wheels Up journey launched late last year in conjunction with the strategic investment by Delta Airlines and our other new investors. I'm very pleased that following the challenging period the company faced last year, we are seeing an accelerating level of engagement, and we believe that our value propositio...