KD out at WU
05-09-2023, 07:41 AM
#1
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Thread Starter
Joined APC: Jun 2019
Position: Poolside
Posts: 534
KD out at WU
Looks like Kenny is out at Wheels UP: https://www.streetinsider.com/PRNews.../21632043.html
05-09-2023, 08:22 AM
#2
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Joined APC: Sep 2022
Posts: 182
Originally Posted by Peabody17
Looks like Kenny is out at Wheels UP: https://www.streetinsider.com/PRNews.../21632043.html
05-10-2023, 11:39 AM
#3
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Joined APC: Dec 2017
Position: Retired NJA & AA
Posts: 1,912
Originally Posted by FracCracka
Sounds like the wheels are coming off (no pun intended).
Things went from bad to worse at Wheels Up yesterday, even as interim CEO Todd Smith was assuring investors and the media that the company was positioned for a rebound. After the stock shed an additional 21 percent on the day and markets closed, financial network CNBC reported that the company is consulting with bankruptcy advisers and that Warren Buffett, whose Berkshire Hathaway conglomerate owns NetJets, said he thought “there’s a good chance” that Wheels Up customers who prepaid for block hours “are going to be disappointed later on.”
https://www.ainonline.com/aviation-n...ource=hs_email
05-13-2023, 12:23 PM
#5
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Joined APC: Sep 2022
Posts: 182
Originally Posted by NJA04
Anyone know how many pilots are at WU? Says 186 on this site but I thought they are bigger than that.
05-16-2023, 10:40 AM
#9
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Posts: 35
05-23-2023, 06:57 PM
#10
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Joined APC: Nov 2014
Position: Phenom
Posts: 82
Glad the WU pilot group no longer has to listen to the bizarre rah rah sis boom bah Kenny D take it away telecons. That was some of the most tone deaf crap I’ve ever had to listen to. Anyone with half a brain saw this coming. Especially after trying to leverage the KA’s to raise capital on scheme that couldn’t possibly succeed. Beyond glad my principal pulled their jet from the certificate and allowed us to move everything internal.
