WHEELS UP EXPERIENCE INC CLASS A (UP)
Industrials · On-demand private aviation and charter services · NYSE
Wheels Up is a global on-demand private aviation platform offering membership programs and charter solutions backed by a diverse fleet of controlled aircraft and safety-vetted operators.
What WHEELS UP EXPERIENCE INC CLASS A does
Wheels Up operates a platform for on-demand private aviation, delivering flights through a combination of membership programs and charter solutions. The company generates revenue primarily from member and customer flights, membership fees, and charter operations, supported by its own controlled aircraft fleet and a network of third-party charter operators. The company is undergoing a fleet modernization strategy, scaling mid-cabin aircraft like the Bombardier Challenger 300 and Embraer Phenom 300 while managing legacy aircraft fleets. A partnership with Delta Air Lines integrates private aviation access with premium commercial travel benefits.
Themes: ["on-demand private aviation","aircraft fleet management","membership-based travel services","charter operations","fleet modernization","premium travel experiences"]
Fundamentals
- Price$7.87 as of 2026-07-09 close
- Market cap$285M as of 2026-07-10
- 1-year return-70.0% as of 2026-07-09 close
- Net margin-38.2% as of 2026-07-10
- Gross margin+8.8% as of 2026-07-10
- ROE-755.1% as of 2026-07-10
- Debt / equity261.80 as of 2026-07-10
- Revenue growth (YoY)-5.8% as of 2026-07-10
- Revenue CAGR (3y)-22.5% SEC XBRL
- Beta2.17 as of 2026-07-10
Key risks (from latest filing)
["Significant cash burn and unprofitability (-38.17% net margin) with ongoing business transformation requiring execution of fleet modernization and cost reduction initiatives to achieve profitability","Revenue decline (down 5.78% YoY) and weak stock performance (-69.96% 1y return) reflecting challenging private aviation market conditions and execution risks","Dependence on debt financing and ability to service indebtedness while managing the transition from legacy to premium aircraft fleets and maintaining liquidity"]
Competitors & peers
- NetJets
- VistaJet
- XO (formerly XOJet)
- Blade
- Magellan Jets
- Flexjet
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.