Every material Form 8-K Wheels Up Experience Inc. has filed with the SEC since August 04, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Wheels Up reported third-quarter 2026 revenue of $164.8 million, down 11% from a year earlier, and a net loss of $89.4 million, wider than the $83.7 million loss in the prior-year period. The company also disclosed a new $100 million revolving credit facility from Delta Air Lines that accrues 10% interest payable in kind and matures December 1, 2027, along with an order for six Embraer jets with an aggregate price of approximately $90.0 million. For shareholders, headline losses grew and the company is adding debt, though its Adjusted EBITDAR loss narrowed.
Q3 2026 revenue was $164.8 million, down 11% year over year; net loss was $89.4 million, or $(2.48) per share, versus $83.7 million a year earlier.
Adjusted EBITDAR loss narrowed to $13.2 million from $23.4 million; Adjusted Contribution Margin rose to 16.4% from 12.7%.
Delta committed an additional $100 million revolving credit facility under Amendment No. 6, dated November 4, 2026, with 10% per annum interest payable in kind and a scheduled maturity of December 1, 2027.
Six Phenom 300E jets were ordered from Embraer for approximately $90.0 million, with deliveries expected in the third and fourth quarters of 2027; a $17.4 million PDP Equipment Notes issuance funded the deposit.
Wheels Up Experience said its Chief Sales Officer, Mark Briffa, will leave the role and remain with the company to transition his duties through September 1, 2026. David Godsman, the Chief Digital Officer, will lead the global sales organization on an interim basis, and a settlement agreement dated August 12, 2026 sets out Briffa's separation payments and equity treatment.
Briffa agreed on August 10, 2026 to depart as Chief Sales Officer, with his transition running through September 1, 2026.
David Godsman takes interim leadership of global sales in addition to his Chief Digital Officer role.
Settlement agreement with subsidiary Air Partner Limited provides continued salary through December 31, 2026 and severance lump sums totaling £378,354.82, less deductions.
A full-year 2026 bonus is payable in 2027 subject to plan metrics; RSUs and PSUs vest on original schedules through September 1, 2027, and all other equity awards were forfeited.
Wheels Up reported second-quarter 2026 results, with revenue down 4% year over year and a net loss of $107 million, up from $82 million a year earlier. The company also disclosed Amendment No. 5 to its credit agreement, which extends Delta Air Lines' $100.0 million revolving credit facility availability to September 20, 2028, without changing the commitment amount.
Revenue of $182.0 million, down 4% from $189.6 million; Total Gross Bookings fell 8% to $241.8 million
Net loss of $107 million, or $(2.97) per share, versus $82 million, or $(2.35) per share, a year earlier
Interest expense rose to $33.0 million from $22.1 million; Adjusted EBITDAR loss narrowed to $19.9 million from $27.3 million
Delta extended availability of its $100.0 million revolver to September 20, 2028; Delta beneficially owned about 36.3% of Class A common stock as of July 31, 2026
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