Charter & Fractional
Wheels Up Stays the Course with Fleet-modernization Plan
Fleet now includes 19 Embraer Phenoms and five Bombardier Challenger 300s
Wheels Up Challenger 300
Bombardier Challenger 300s with remodelled cabin interiors are core contributors to Wheels Up's efforts to reboot its service offering.

Private flight provider Wheels Up said the modernization of its fleet will be largely complete by the end of 2026 as part of a protracted initiative to achieve profitability. Third-quarter financial results announced today showed slightly higher net losses of $83.7 million for three months ending September 30 as the company absorbed non-recurring modernization expenses.

According to the Atlanta-based group, it is set to exceed its early goal for annual cost savings with a new target of $70 million that it aims to achieve by third-quarter 2026. Wheels Up CEO George Mattson said the savings will come from streamlining sales and operations teams, realising efficiencies from a simplified fleet with fewer aircraft types, and cutting overhead costs.