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UPNYSEMarket openCloses 4:00pm ET

Wheels Up Experience Inc.

$3.88Last updated
-$0.08 (2.02%)Past day
Timezone

Wheels Up Experience Inc. (NYSE: UP) is trading at $3.88, about ₹373 at today's USD/INR rate, as of 25 Sep 2026, 1:14 PM ET, down 2.02% today. Indian residents can buy Wheels Up Experience from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$3.94
Previous close:$3.96
Volume:21.97K

Today's low

$3.88

Today's high

$3.97

52 week low

$3.14

52 week high

$43.00

UP opened at $3.94, closed previously at $3.96, and has traded between $3.14 and $43.00 over the past 52 weeks.

About

Wheels Up Experience Inc. is a prominent provider of private air travel solutions, primarily serving clients across the United States. Its comprehensive offerings encompass flexible, multi-level membership plans, personalized on-demand flights spanning diverse private jet categories, and expert aircraft management. Wheels Up also facilitates retail and wholesale charter services, assists with the purchase and sale of entire aircraft, delivers tailored corporate flight solutions, undertakes special missions, curates exclusive events and bespoke experiences, and provides commercial travel options. The company commands a substantial fleet of roughly 1,500 airplanes. Established in 2013, its operational base is located in New York, New York.

Country
US
CEO
George Nathaniel Mattson
Exchange listed on
NYSE
Industry
Airlines, Airports & Air Services
Base currency
USD
Full Time Employees
1,249
Sector
Industrials
IPO date
18/11/2020

Key statistics

Avg. volume

133.28K

Market cap

$140.69M

P/E Ratio

-0.46

Price-to-sales ratio

0.20

Enterprise value

$768.79M

Free cash flow yield

-314.50%

Debt-to-equity ratio

-1.28

Return on equity

67.57%

ROIC

-151.35%

Beta

2.10

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$736.50M

Earnings per share

-$8.40

Free cash flow

-$283.15M

Net profit margin

-42.04%

Gross margin

3.01%

EBITDA

-$139.07M

Revenue growth

-7.02%

Similar securities

This is not an investment recommendation

How to buy Wheels Up Experience from India

Indian residents can buy Wheels Up Experience shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Wheels Up Experience and place an order

    Find Wheels Up Experience by name or by its ticker, UP, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Wheels Up Experience trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Wheels Up Experience position in USD and INR. Wheels Up Experience pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in Wheels Up Experience from India

Trading and taxes when buying Wheels Up Experience from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
NoneWheels Up Experience does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Wheels Up Experience stock?

Yes. Wheels Up Experience (UP) has been listed on the New York Stock Exchange since 2020, in the Airlines, Airports & Air Services industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Wheels Up Experience share cost in rupees?

One Wheels Up Experience share is $3.88 — about ₹373 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Wheels Up Experience price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Wheels Up Experience from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Wheels Up Experience?

Yes. One Wheels Up Experience share is $3.88, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Wheels Up Experience.

How are gains on Wheels Up Experience shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Wheels Up Experience price. Paasa issues a capital-gains statement for your return.

Does Wheels Up Experience pay a dividend?

No. Wheels Up Experience does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade Wheels Up Experience from India?

The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Wheels Up Experience shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Wheels Up Experience shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Wheels Up Experience holding, its cost and its closing value.

How do I sell Wheels Up Experience and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.