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Wheels Up Experience Inc. secures a $68 million debt facility from Sankaty Jet Capital to modernize its fleet with new aircraft.

PUBLIC · UPMay 13, 2026

Amount Raised

$68 Million

Round Type

Debt Financing

ChambleeTravel and Tourism

Investors

Sankaty Jet Capital

Description

Sankaty Jet Capital has provided a secured mezzanine facility worth $68 million to Wheels Up Experience Inc. The funds will facilitate the purchase of Phenom 300 and Challenger 300 Series aircraft as part of fleet modernization plans. This facility is secured by 51 existing aircraft valued at approximately $277.8 million. The arrangement is expected to support Wheels Up's growth in the business aviation sector.

Quick answer

Wheels Up raised $68 Million in a Debt Financing round, dated May 13, 2026. Investors: Sankaty Jet Capital. Wheels Up is based in Chamblee, Georgia, United States.

How much did Wheels Up raise?
Wheels Up raised $68 Million in a Debt Financing round on May 13, 2026.
Who invested in Wheels Up?
Sankaty Jet Capital is named as investors in this round.
What does Wheels Up do?
Wheels Up is a leading provider of on-demand private aviation in the U.S. and one of the largest private aviation companies in the world.
Where is Wheels Up based and how big is it?
Wheels Up is based in Chamblee, Georgia, United States. Fundz records about 1,900 employees.
Who are the decision-makers at Wheels Up?
Fundz holds 1 contact at Wheels Up, including the Chairman & CEO . Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Travel and Tourism around the same time

Companies in the same sectors as Wheels Up that raised within 45 days of this round, from Fundz verified event records.

  • Cruisebound raised $5.8M on June 12, 2026.
  • WeRoad raised $58M (Series C) on May 27, 2026.
  • Surf Air Mobility raised $30M (Grant) on April 20, 2026.

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Company Information

Company

Wheels Up

Location

Chamblee, Georgia, United States

About

Wheels Up is a leading provider of on-demand private aviation in the U.S. and one of the largest private aviation companies in the world. Wheels Up offers a complete global aviation solution with a large, modern, and diverse fleet, backed by an uncompromising commitment to safety and service. Customers can access membership programs, charter and whole aircraft sales, as well as unique commercial travel benefits through a strategic partnership with Delta Air Lines. Wheels Up also offers freight, safety and security solutions and managed services to individuals, industry, government, and civil organizations. Wheels Up is guided by the mission to connect private flyers to aircraft, and one another, through an open platform that seamlessly enables life's most important experiences. Powered by a global private aviation marketplace connecting its base of approximately 12,000 members and customers to a network of approximately 1,500 safety-vetted and verified private aircraft, Wheels Up is widening the aperture of private travel for millions of consumers globally. With the Wheels Up mobile app and website, members and customers have the digital convenience to search, book and fly. To learn more about Wheels Up, go to Wheelsup.com.

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Related People

1 contact
Verified contactsKenny D., Chairman & CEO hiddenSee plans and pricing
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Wheels Up raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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