Wheels Up Experience Inc. (UP) Capital Expenditures
The capex for Wheels Up Experience Inc. (UP) is $93.63 Million with a year-over-year change of -33.24%. Capital Expenditures (CapEx) represents spending on physical assets like property, plant, equipment, and technology infrastructure. It's the investment in the company's future productive capacity.
UP CapEx Chart
Current CapEx
$93.63M
$93.63 Million
Year-over-Year Change
-33.24%
vs. $140.24M prior year
Historical Data
8
Years of data available
Annual CapEx History
| Year | CapEx | YoY Change | % Change |
|---|---|---|---|
| 2025 | $93.63M | $-46.61M | -33.24% |
| 2024 | $140.24M | +$103.58M | +282.49% |
| 2023 | $36.66M | $-114.69M | -75.78% |
| 2022 | $151.36M | +$91.28M | +151.92% |
| 2021 | $60.08M | +$44.56M | +287.03% |
| 2020 | $15.52M | +$7.46M | +92.39% |
| 2019 | $8.07M | +$33,000 | +0.41% |
| 2018 | $8.04M | — | — |
About Wheels Up Experience Inc.
Wheels Up Experience Inc. is a prominent provider of private air travel solutions, primarily serving clients across the United States. Its comprehensive offerings encompass flexible, multi-level membership plans, personalized on-demand flights spanning diverse private jet categories, and expert aircraft management. Wheels Up also facilitates retail and wholesale charter services, assists with the purchase and sale of entire aircraft, delivers tailored corporate flight solutions, undertakes special missions, curates exclusive events and bespoke experiences, and provides commercial travel options. The company commands a substantial fleet of roughly 1,500 airplanes. Established in 2013, its operational base is located in New York, New York.
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- CEO
- George Nathaniel Mattson