Charter & Fractional
Membership Growth and Operational Improvements Boost Wheels Up
By the end of 2026, the fleet will consist entirely of Phenom and Challenger jets
Wheels Up Phenom 300
Along with Bombardier Challenger 300s, Wheels Up is rationalizing its fleet with Embraer Phenom 300 jets.

Private flight provider Wheels Up is targeting further sales growth from premium Signature Membership products it launched last year. Reporting fourth-quarter financial results on Thursday, company CEO George Mattson said that increased revenues from this source, combined with further growth in charter flight bookings and efficiencies achieved from rationalizing its fleet, should mean it achieves “a sustainably profitable business model” by year-end.

The last three months of 2025 saw Wheels Up establish a mix of 600 new and existing members in the Signature Membership program through which they are guaranteed access to Embraer Phenom 300s and Bombardier Challenger 300s. This involved what the company called “a planned exit from unprofitable flying” through a transition that partly explained a 10% dip in revenues from the same period in 2024, to $184 million, as customers migrated from flights on its legacy fleet.

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