Company: UP
Filing Date: 2025-08-29
Form Type: 424B5
Source: 0001104659-25-085149
Chunk: 5

Company: Wheels Up Experience Inc.
Filing Date: 2025-08-29
Form: 424B5
Chunk 5
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 deciding to purchase our securities, including the shares of our Common Stock offered hereby, you should carefully consider the risk factors discussed and incorporated by reference in this prospectus supplement and the accompanying prospectus and in the registration statement of which this prospectus supplement and the accompanying prospectus form a part.

<div align='center'>S-iii

SUMMARY</div>

This summary highlights selected information contained or incorporated by reference in this prospectus supplement, the accompanying prospectus or any free writing prospectus prepared by us or on our behalf. It does not contain all of the information that you should consider before investing in shares of our Common Stock. You should carefully read this entire prospectus supplement, the accompanying prospectus and documents incorporated herein and therein, including the factors described or referred to under the heading “Risk Factors” in our most recent Annual Report on Form 10-K, in our Quarterly Report on Form 10-Q for the three months ended March 31, 2025 filed with the SEC on May 5, 2025, in our Quarterly Report on Form 10-Q for the three months ended June 30, 2025, filed with the SEC on August 7, 2025and in our subsequent filings with the SEC before making an investment decision.

<div align='center'>Wheels Up Experience Inc.</div>

Wheels Up is a leading provider
of on-demand private aviation in the U.S. and one of the largest companies in the industry. Wheels Up offers a complete global private
aviation solution with a large and diverse aircraft fleet, backed by an uncompromising commitment to safety and service. Our offering
is delivered through a mix of charter and membership programs that strategically utilize our controlled aircraft fleet and an “asset-light”
charter model to deliver a greater range of global travel alternatives. In addition, our first-of-its-kind partnership with Delta Air
Lines, Inc. provides our members and customers with a seamless offering across both private and premium commercial travel.

Wheels Up has one of the largest and most diverse
mixes of available aircraft in the industry. We utilize our controlled aircraft fleet to support both Wheels Up Membership and Wheels
Up Charter flights depending on the specific mission. We maintain a growing global network of safety-vetted charter operators, which
must continually satisfy our safety standards for aircraft, crew and operations. Together, our controlled aircraft fleet and global network
of third-party charter operators position us to provide our members and customers the ability to select a mode of travel that works for
their