On-demand business jet operator Wheels Up (WUP, Teterboro) has regained compliance with the New York Stock Exchange (NYSE) continued listing standard for a minimum share price. The company confirmed the development in a June 3, 2025, Securities and Exchange Commission filing.
“We are pleased that in just over a month since receiving a continued listing standard notice, we have regained full compliance with NYSE listing standards through market-driven stock appreciation,” said Wheels Up CEO George Mattson. “This milestone reflects growing investor confidence in our business transformation and long-term strategy."
In early May, ch-aviation reported that the NYSE notified Wheels Up of non-compliance on a rule requiring companies to maintain an average closing share price of at least USD1 over a consecutive 30 trading-day period, giving the business jet operator six months to rectify the issue.
Wheels Up now says the NYSE told it on June 2 that it had since maintained an average closing share price of at least USD1 over a 30 trading-day period, and that its stock is no longer considered to be below the minimum share price requirement of s.802.01C of the NYSE Listed Company Manual.
"We believe the scale and strength of our company remain significant," adds Mattson.
ch-aviation Business Jet Operator & Airport Data indicates Wheels Up operates 90 aircraft, including one Beechjet 400A, three Challenger 300s, nine Citation Excels, twenty-five Citation X, six Citation XLS, twenty-six Hawker 400XPs, one Beechjet 400XT, thirteen Phenom 300s, five Phenom 300Es, and one Vision Jet G2.
