May 20 (Reuters) - WHEELS UP:
* WHEELS UP SAYS Q1 REVENUE ROSE 68% TO $261.7 MILLION
* WHEELS UP ANNOUNCES RECORD REVENUE FOR FIRST QUARTER 2021
* WHEELS UP - QTRLY ACTIVE MEMBERS GREW 56% YEAR-OVER-YEAR TO 9,896
* WHEELS UP - QTRLY NET LOSS IMPROVED BY $12.3 MILLION YEAR-OVER-YEAR TO $32.2 MILLION
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