UP News & Events

Wheels Up announced that it has transitioned its legacy jet fleets out of revenue service approximately 18 months ahead of schedule. As part of its strategy first announced in October 2023, Wheels Up has transitioned its on-fleet jet operations to exclusively Phenom 300 and Challenger 300 series aircraft in support of its programmatic membership offerings.

Credit Acceptance (CACC) announced that Robert Bourrier has joined the company as chief sales officer. In this role, Bourrier will lead and scale Credit Acceptance's national sales organization. Most recently, he led corporate marketplace efforts at Wheels Up (UP).

Wheels Up (UP) announced that Erik Snell, executive VP and CFO of Delta Air Lines (DAL) has been appointed to the company's board of directors as a Delta designee, replacing Dan Janki, executive VP and COO of Delta. Snell previously served on the board from July 2021 to September 2023.

Wheels Up is announcing that effective immediately after the close of trading on The New York Stock Exchange on April 24, the company expects to complete a reverse stock split of its Class A common stock at a ratio of 1-for-20. The company believes that following the effectiveness of the Reverse Stock Split, the number of shares of Common Stock outstanding will align more closely to peer companies with similar market capitalizations. Assuming the stock price of the Common Stock meets or exceeds $1.00 for the requisite period of time, the company believes that it will promptly regain compliance with the NYSE's listing standards and qualify for inclusion in the Russell 3000. Wheels Up's Common Stock is expected to begin trading on the NYSE on a reverse split-adjusted basis on April 27, under the ticker symbol "UP".