UP News & Events

According to a filing, U.S. Transportation Command, or USTRANSCOM, has awarded a firm fixed price contract to Wheels Up Partners. The contract provides air transportation of passengers with baggage to/from Joint Base Elmendorf-Richardson, AK and Eareckson Air Force Station in support of the 611th Air Support Squadron. The contract was competitively procured. Contract award dollar amount is $5,416,838.39 and was awarded on 17 February 2026. The contracting activity is the U.S. Transportation Command, Directorate of Acquisition, 508 Scott Drive, Scott Air Force Base, Illinois. Total contract value, including base and all options value, is $57,527,763.86.

Reports Q4 revenue $183.84M vs. $204.82M last year. "Over the past year, we have stabilized private jet revenue, strengthened our revenue mix, invested in operational reliability and fleet modernization, and enhanced the customer experience, driving a meaningful improvement in profitability," said Wheels Up CEO George Mattson. "In 2026, we expect to complete our membership program and fleet transition and fully align our products, services, and operations with our strategy. With a modernized fleet, a stronger mix of corporate and high-value customers, continued operational and cost discipline, and the unique competitive advantages from our Delta partnership, we are advancing toward our long-term objective of sustainable, profitable growth."

Wheels Up (UP) launched a concierge-level customer engagement model that aims to deliver individualized, portfolio-wide travel solutions for any trip, from anywhere, to any destination in the world. The company has unified its full range of customer offerings under a single brand and organizational structure. Wheels Up's newly integrated commercial model will provide a single, personalized team to manage private aviation membership, global private charter, group charter, and hybrid private-commercial itineraries through a strategic partnership with Delta Air Lines (DAL). These organizational changes bring together the Wheels Up and Air Partner brands in the U.S., which were previously supported by separate sales, marketing, account management, and service delivery organizations, as well as separate back-end platforms and processes. Under the new structure, customers are paired with sales and service teams that own the relationship and support the customer end-to-end on every trip. The integrated teams are responsible for sales, booking, trip support, and service coordination across every phase of the journey. The new structure also aligns with the regional and industry sector structure of Delta Air Lines. All U.S. private jet and group charter services will now operate under the Wheels Up brand. The U.K. and the rest of the world are anticipated to follow in the coming months. Cargo services will continue to operate under the Air Partner brand.

Wheels Up announced a record breaking 14 consecutive days to start 2026 without a single flight cancellation, along with six perfect completion days during the peak December holiday travel week. In addition, the company is fulfilling 99% of its flights without extended - 3 hour plus - delays, its lowest levels on record.