StocksMedium•5 November 2026•
1 min read
Wheels Up Orders Six Embraer Phenom 300E Jets for Fleet Modernization
Key Facts
1Wheels Up signed a definitive agreement with Embraer to purchase six factory-new Phenom 300E premium jets.
2The delivery of the new aircraft is scheduled for the second half of 2027.
Wheels Up signed a definitive agreement with Embraer to purchase six factory-new Phenom 300E premium jets. PR Newswire reported that the delivery of these aircraft is scheduled for the second half of 2027. This acquisition marks the first-ever direct purchase of new aircraft from Embraer by Wheels Up and is intended to modernize the fleet while supporting the growth of its Signature membership program.
Wheels Up (UP) shares closed at $3.07 on November 4, 2026, while Embraer (EMBJ) shares closed at $78.52 on the same date. The new aircraft will join a controlled fleet that currently includes 29 Phenom 300/300E jets and 15 Bombardier Challenger 300 series aircraft, and will arrive equipped with satellite Wi-Fi.