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Wheels Up Experience Inc. — Third Quarter 2026 Earnings Summary

Wheels Up Experience Inc. reported third-quarter 2026 GAAP revenue of $164.8 million, a decrease of 11% year-over-year, driven by a strategic shift away from legacy fleet programs toward its premium Signature membership and aircraft. The company achieved a record 163 Brand Days and improved its Adjusted Contribution Margin to 16.4%, while securing an additional $100 million revolving credit facility from Delta Air Lines to support its business transformation. Despite a net loss of $89.4 million, the firm announced a landmark order for six new Embraer Phenom 300E aircraft to further modernize its fleet and meet growing demand.

Company
WHEELS UP EXPERIENCE INC
Sector
Industrials
Industry
Airports & Air Services