NON-CONTROLLING INTERESTS (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Calculation of Non-Controlling Interests

The calculation of Non-controlling interests as of the periods indicated in the table below was as follows:


	March 31, 2026			December 31, 2025
Number of WUP common units held by Wheels Up(1)	36,228,699	100.0	%	36,100,887	100.0	%
Number of vested WUP profits interests attributable to non-controlling interests(2)	—	—	%	—	—	%
Total WUP common units and vested WUP profits interests outstanding	36,228,699	100.0	%	36,100,887	100.0	%

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(1) WUP common units represent an equivalent ownership of Common Stock outstanding.

(2) Based on the closing price of Common Stock on the last trading day of the period covered by this Quarterly Report, there would have been no WUP common units issuable upon conversion of vested and unvested WUP profits interests outstanding as of March 31, 2026.