UP, WSUPW · CIK 0001819516 · operating
Wheels Up Experience provides private aviation services across membership, charter, and ancillary service offerings. The company operates two primary membership programs—Individual membership for personal and business fliers, and UP for Business for small and medium enterprises—alongside custom enterprise solutions for higher-spending corporate clients. These memberships grant access to private flight services without aircraft ownership.
The company generates revenue through multiple channels beyond membership fees. Wheels Up Charter operates a charter flight business serving passenger groups, sports teams, corporate events, and tour operators, as well as government and emergency transport missions. The company also provides wholesale charter services, cargo flights, and specialized government and defense transport. Ancillary services include maintenance and repair operations, fixed-base operator services, and safety and security support.
As of December 31, 2024, Wheels Up operated a fleet of 154 owned and leased aircraft. The company employs approximately 1,807 full-time staff and maintains headquarters in Chamblee, Georgia. Operations span both domestic and international markets, serving individual fliers, business enterprises, and government clients. Founded in 2013, Wheels Up trades on the NYSE under the ticker UP.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-0.49 | $-0.49 | +86.7% | |
| 2023 | $-3.69 | $-3.69 | -305.5% | |
| 2022 | $-0.91 | $-0.91 | +2.2% | |
| 2021 | $-0.93 | $-0.93 | — | |
| 2020 | — | — | — |