UP news

Wheels Up Inc. has entered into a purchase agreement with Embraer for aircraft acquisition, a strategic move to expand its fleet of business jets.

Wheels Up Experience Inc. has entered into a confidential settlement agreement with former employee Mark Briffa dated August 12, 2026. The agreement resolves potential claims and includes terms regarding severance, incentives, and covenants. The specific details of the agreement are stated to be con…

Wheels Up and Delta extended the Revolving Availability Period until September 20, 2028. The company continues to negotiate terms with its primary lender.

Surf Air Mobility named Wheels Up as the launch customer for its Enterprise BrokerOS platform. The collaboration integrates Surf Air's SurfOS software to modernize Wheels Up's charter booking workflow

Wheels Up Experience Inc. entered into a new credit agreement with U.S. Bank Trust Company as administrative agent, providing term loan financing to the aircraft membership company. The refinancing supports the company's capital structure and operational liquidity needs.

Wheels Up Partners LLC entered into a note purchase agreement dated May 21, 2026 with Wheels Up Class B-1 Loan Trust 2024-1 to issue Series B Equipment Notes secured by business jet aircraft. The financing structure demonstrates the company's continued reliance on asset-backed securitization to supp…