Wheels Up (WUP, Teterboro) has secured a new USD100 million term loan, with an option for another USD100 million, from the company's primary investor group led by Delta Air Lines. In addition, Wheels Up's revolving equipment notes facility will be expanded through a new mezzanine tranche arranged by AIP Capital.

The expanded aircraft financing facility and the new term loan are expected to close in the second quarter of 2026 and provide an additional USD165 million in liquidity. Any remaining undrawn capacity will be available to support future aircraft investments.