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GOODWILL AND INTANGIBLE ASSETS (Tables)
 6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The following table presents Goodwill carrying values and the change in balance, by reporting unit, during the six months ended June 30, 2024 (in thousands):
WUP Legacy(1)
Air PartnerTotal
Balance as of December 31, 2023(2)
$136,098 $82,110 $218,208 
Foreign currency translation adjustment— (552)(552)
Balance as of June 30, 2024
$136,098 $81,558 $217,656 
(1)    As of June 30, 2024, the legacy Wheels Up reporting unit (“WUP Legacy”) had negative net assets (stockholders’ equity).
(2)     Net of accumulated impairment losses of $306.2 million, all of which was recognized on the goodwill attributable to WUP Legacy.
Schedule of Intangible Assets
The gross carrying value, accumulated amortization and net carrying value of Intangible assets consisted of the following (in thousands):
June 30, 2024
Gross Carrying
Value		Accumulated AmortizationNet Carrying
Value
Status$80,000 $34,367 $45,633 
Customer relationships89,121 40,310 48,811 
Trade name11,939 5,951 5,988 
Developed technology20,556 13,819 6,737 
Leasehold interest - favorable 600 113 487 
Foreign currency translation adjustment(677)(290)(387)
Total $201,539 $94,270 $107,269 
December 31, 2023
Gross Carrying
Value		Accumulated AmortizationNet Carrying
Value
Status$80,000 $31,325 $48,675 
Customer relationships89,121 34,920 54,201 
Trade name11,939 5,402 6,537 
Developed technology20,556 12,329 8,227 
Leasehold interest - favorable 600 102 498 
Foreign currency translation adjustment(589)(217)(372)
Total $201,627 $83,861 $117,766 
Schedule of Intangible Liabilities The gross carrying value, accumulated amortization and net carrying value of Intangible liabilities consisted of the following (in thousands):
June 30, 2024
Gross Carrying
Value		Accumulated AmortizationNet Carrying
Value
Intangible liabilities$20,000 $8,561 $11,439 
December 31, 2023
Gross Carrying
Value		Accumulated AmortizationNet Carrying
Value
Intangible liabilities$20,000 $7,798 $12,202 
Schedule of Future Amortization Expense of Intangible Assets and Intangible Liabilities Future amortization expense of Intangible assets and Intangible liabilities held as of June 30, 2024, were as follows (in thousands):
Intangible AssetsIntangible Liabilities
Remainder of 2024
$10,302 $763 
202520,307 1,525 
202619,441 1,525 
202714,885 1,525 
202814,235 1,525 
2029 and Thereafter
28,099 4,576 
Total$107,269 $11,439