StreetInsider.com News Articles

Wheels Up completes fleet overhaul 18 months early with 5x5 Trading

Tue, 07 Jul 2026 10:30:27 -0400

Wheels Up Experience Inc. (NYSE: UP) has completed a jet fleet modernization program 18 months ahead of its original timeline, according to a press release from its transaction partner, 5x5 Trading.

5x5 Trading, an IADA-accredited aircraft dealer and fleet advisory firm based in Boca Raton, Florida, served as Wheels Up's exclusive transaction partner, managing the acquisition and disposition of nearly 100 aircraft since 2024.

The program reduced Wheels Up's controlled fleet from four jet aircraft types to two, consolidating around the Embraer Phenom 300 and the Bombardier Challenger 300/350.

"Modernizing our controlled fleet was a defining step in the transformation of Wheels Up,

5x5 Trading Supports Fleet Transition for Wheels Up, Completed 18 Months Ahead of Schedule

Tue, 07 Jul 2026 10:30:00 -0400

BOCA RATON, Fla., July 7, 2026 /PRNewswire/ -- 5x5 Trading, the IADA-accredited dealer and fleet advisory firm, today announced its support for a comprehensive fleet transformation in partnership with Wheels Up Experience Inc. (NYSE: UP) ("Wheels Up"), a leading provider of on-demand private aviation. Serving as Wheels Up's exclusive transaction partner, 5x5 has managed the acquisition and disposition of nearly 100 aircraft since 2024, helping the company complete its jet fleet modernization program 18 months ahead of the original timeline.

5x5 Trading Supports Fleet Transition for Wheels Up, Completed 18 Months Ahead of Schedule

Tue, 07 Jul 2026 10:30:00 -0400

5x5 Trading Supports Fleet Transition for Wheels Up, Completed 18 Months Ahead of Schedule

Tue, 07 Jul 2026 10:30:00 -0400

5x5 Trading Supports Fleet Transition for Wheels Up, Completed 18 Months Ahead of Schedule

Tue, 07 Jul 2026 10:30:00 -0400

5x5 Trading Supports Fleet Transition for Wheels Up, Completed 18 Months Ahead of Schedule

Tue, 07 Jul 2026 10:30:00 -0400

5x5 Trading Supports Fleet Transition for Wheels Up, Completed 18 Months Ahead of Schedule

Tue, 07 Jul 2026 10:30:00 -0400

5x5 Trading Supports Fleet Transition for Wheels Up, Completed 18 Months Ahead of Schedule

Tue, 07 Jul 2026 10:30:00 -0400

5x5 Trading Supports Fleet Transition for Wheels Up, Completed 18 Months Ahead of Schedule

Tue, 07 Jul 2026 10:30:00 -0400

Wheels Up logs 100 days without operational cancellations in 2026

Wed, 01 Jul 2026 08:32:12 -0400

Wheels Up Experience Inc. (NYSE: UP), a private aviation company, announced it has reached 100 "Brand Days" in 2026, meaning 100 days with zero operational cancellations through July 1, according to a company press release.

The company defines a Brand Day as a day with no operational cancellations, which it describes as a key measure of reliability and service consistency.

"Reaching 100 Brand Days is an important moment for Wheels Up and, most importantly, for our customers and members," said Dave Holtz, Chief Operating Officer of Wheels Up. "Reliability is earned one flight at a time, and this progress shows the standard

Wheels Up Reaches 100 Brand Days in 2026, Setting a New Standard in Operational Reliability

Wed, 01 Jul 2026 08:30:00 -0400