Wheels Up extends Delta credit line, announces stock buyback; Q1 results not detailed in filing

Wheels Up Experience Inc.

2025-Q1 EPS reported -$0.14 vs consensus -$2.08 ▲ beat (+93.3%)

Delta extended its $100M revolving credit facility availability to Sept 20, 2026; commitment unchanged.
Delta beneficially owns 37.7% of Wheels Up common stock; voting cap on shares above 29.9%.
Board authorized a stock repurchase program; no amount or duration disclosed.
Gogo high-speed satellite Wi-Fi installation to begin in summer 2025.
Q1 2025 financial results announced but no specific figures provided in the exhibits.

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