Quarterly report pursuant to Section 13 or 15(d)

NON-CONTROLLING INTERESTS (Tables)

v3.22.2
NON-CONTROLLING INTERESTS (Tables)
6 Months Ended
Jun. 30, 2022
Noncontrolling Interest [Abstract]  
Schedule of Calculation of Non-controlling Interests
The calculation of non-controlling interests was as follows:
June 30, 2022 December 31, 2021
Number of WUP common units held by Wheels Up(1)
244,274,300  100.0  % 245,834,569  99.2  %
Number of vested WUP profits interests attributable to non-controlling interests(2)
—  % —  % 2,045,995  0.8  %
Total WUP common units and vested WUP profits interests outstanding 244,274,300  100.0  % 247,880,564  100.0  %
(1) WUP common units represent an equivalent ownership of Class A common stock outstanding.(2) Based on the closing price of Class A common stock on the last trading day of the period covered by this Quarterly Report, there would be 0 WUP common units issuable upon conversion of vested and unvested WUP profits interests outstanding as of June 30, 2022.