Surf Air Mobility Inc

Earnings data Q2 2023

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Earnings data Q4 2024

Surf Air Mobility exceeds Q3 expectations, eyes profitable growth

Surf Air Mobility's Q3 performance exceeded expectations, driven by strategic initiatives and financial restructuring.
While challenges in achieving sustained profitability persist, the company's focus on operational optimization and revenue diversification presents growth opportunities.
With a strong balance sheet and ongoing transformation efforts, Surf Air Mobility is poised for profitable growth and market expansion in the coming years.

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Surf Air Mobility, Inc. operates as an electric aviation and air travel company. The company was founded by Sudhin Shahani and Liam Fayed in 2021 and is headquartered in Hawthorne, CA.

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today reported its first quarter 2024 results. Please visit the Surf Air Mobility investor relations website at investors.surfair.com for more information and to listen to the accompanying earnings call. CEO Transition: Surf Air Mobility Inc. today announced that Southern Airways founder and current Surf Air CEO Stan Little will transition to a “Founder's” role. Former CFO and current Se.

Surf Air Mobility Reports First Quarter Revenue Growth Above Guidance and Announces CEO Transition

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”) Co-founder Sudhin Shahani and CFO Oliver Reeves participated in Chardan's Transport Platform Tech Series virtual conference to discuss trends in advanced air mobility and electrified air travel. A full recording of Surf Air Mobility's segment can be found on Chardan's YouTube channel here. Surf Air was also included in Chardan's Freight, Logistics & Transportation: The Digital Transformation report. A li.

Surf Air Mobility Participates in Chardan's Virtual Transport Platform Tech Series

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today announced that it will release their first quarter 2024 financial results after market close on Tuesday, May 14, 2024, and will host a webcast at 5:00 pm ET the same day. Interested parties can register in advance to listen to the webcast here, or can find a link on the ‘Events & Presentations' section of our investor relations website. A replay of the call will also be availab.

Surf Air Mobility to Provide First Quarter 2024 Financial Results on May 14, 2024

Surf Air Mobility, Inc. (SRFM) Q4 2023 Earnings Call Transcript

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today reported its fourth quarter and full year results. Please visit the Surf Air Mobility investor relations website at investors.surfair.com for more information and to listen to the accompanying earnings call at 5:00 pm eastern time. “We are pleased to have beat our revenue guidance and achieved our Adjusted EBITDA guidance for the year. Additionally, we've achieved two significant m.

Surf Air Mobility Reports Financial Results for Fourth Quarter and Full Year Ended December 31, 2023

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, “Surf Air”), a leading regional air mobility platform, has entered into a memorandum of understanding with Auric Air Services Ltd. (“Auric Air”), a Tanzania-based regional air operator flying both scheduled and charter service across East Africa, to upgrade up to 12 of Auric Air's Cessna Grand Caravan aircraft with Surf Air's proprietary electrified powertrain technology once certified. Surf Air now has appr.

Surf Air Mobility Enters Agreement to Supply Electric Powertrains to Tanzanian Cessna Caravan Operator Auric Air

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today announced that it will release their fourth quarter 2023 and full year 2023 financial results after market close on Thursday, March 28, 2024, and will host a webcast at 5:00 pm ET the same day. Interested parties can register in advance to listen to the webcast here, or can find a link on the ‘Events & Presentations' section of our investor relations website. A replay of the ca.

Surf Air Mobility to Provide Fourth Quarter and Full Year 2023 Financial Results on March 28, 2024

Palantir Technologies

Surf Air Mobility (NYSE: SRFM ) stock is surging higher after Palantir (NYSE: PLTR ) revealed a stake in the company. SAM operates as an air mobility provider focused on electric aircraft technology and regional flights.

Palantir Is Betting on Surf Air Mobility (SRFM) Stock

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, “Surf Air”), a leading green regional air mobility platform, and Electra.aero Inc. (“Electra”), a next-gen aerospace company, have joined forces to introduce affordable, sustainable, and easily accessible regional air travel to a broad customer base leveraging Electra's hybrid-electric short takeoff and landing (eSTOL) aircraft on Surf Air's technology-driven, on-demand air mobility platform, and through Sur.

Surf Air Mobility and Electra Enter Bilateral Agreement to Bring eSTOL Aircraft to Market, Incorporate Surf Air Technology into Joint Systems, and Create Leasing Partnership

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LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, “Surf Air”, “the Company”), a company that aims to transform regional flying through electrification, and Z.Boskovic Air Charters Ltd (“Z.Boskovic”, “ZBAC”), a leader in private charters, safari, freight, and corporate travel in Kenya, have entered into an agreement to upgrade Z. Boskovic's current and future fleet of Cessna Caravans with Surf Air's proprietary electrified powertrain technology once certifie.

Surf Air Mobility Enters Agreement to Supply Electric Powertrains to Kenya's Largest Cessna Caravan Charter Operator Z.Boskovic Air Charters

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, “Surf Air”), a company that aims to transform regional flying through electrification, and the Williamsport Municipal Airport Authority of Williamsport, Pennsylvania have agreed to launch scheduled commuter air service between Williamsport Regional Airport (IPT) and Washington Dulles International Airport (IAD) with a target start date in May 2024. Williamsport will provide funding and services to subsidize.

Surf Air Mobility and Williamsport, Pennsylvania Enter Agreement for Subsidized Commuter Air Service Between Williamsport Regional Airport (IPT) and Washington Dulles International Airport (IAD)

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), the air mobility platform transforming regional flying through electrification, has entered into agreements with Safarilink, an airline connecting domestic scheduled flights to destinations within Kenya and Tanzania, and Yellow Wings Air Services Ltd., a Kenyan air operator that serves over 500 airfields throughout the East Africa region, to upgrade their Cessna Grand Caravan aircraft with Surf Air Mobility's proprietary electri.

Surf Air Mobility Enters Agreements to Supply Electric Powertrains to Major Kenyan Cessna Caravan Operators Safarilink and Yellow Wings

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”), the air mobility platform transforming regional flying through electrification, today announced that it entered into a binding term sheet related to the potential issuance of a mandatory convertible debenture to GEM. The proceeds will be comprised of the cancellation of certain shares of the Company's common stock previously issued or issuable to GEM. The Company, in consultation with its Board of Directors, elec.

Surf Air Mobility Enters into Binding Terms for a $35.2 Million Mandatory Convertible Debenture with GEM Global Yield LLC

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), the air mobility platform transforming regional flying through electrification, today announced that Oliver Reeves will join the Company as Chief Financial Officer. Mr. Reeves will lead the Company's financial and capital markets strategies leveraging his nearly two decades of experience in the investment management, enterprise technology, and insurance industries. He will start his new role in January, 2024. Mr. Reeves recently.

Surf Air Mobility Announces Oliver Reeves as Chief Financial Officer

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”), an air mobility platform transforming regional flying through electrification, and Purdue University (“Purdue”) have agreed to begin scheduled commuter air service between West Lafayette / Purdue University Airport (LAF) and Chicago O'Hare Airport (ORD) with a target start date in early second quarter 2024. Purdue University will provide funds to support the establishment and ongoing operations of the air s.

Surf Air Mobility and Purdue University Enter Agreement for Privately Subsidized Commuter Air Service Between West Lafayette / Purdue University Airport (LAF) and Chicago O'Hare Airport (ORD)

Azul

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”), the air mobility platform transforming regional flying through electrification, and Azul S.A. (B3: AZUL4, NYSE: AZUL) (“Azul”), the largest airline in Brazil, have agreed to collaborate on the commercial deployment of electric Cessna Caravan within Azul's existing fleet. By electrifying its Cessna Caravan fleet, Azul believes they can take a meaningful step toward their goal of net-zero carbon emissions by.

Surf Air Mobility and Azul Conecta Enter Agreement to Incorporate Electric Powertrains into Azul's Cessna Caravan Fleet

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air”), the air mobility platform transforming regional flying through electrification, today reported its third quarter results and announced that it remains on track to meet its full year 2023 guidance. Please visit the Surf Air Mobility investor relations website at investors.surfair.com for more information and to listen to the accompanying earnings call. BUSINESS HIGHLIGHTS Completed public listing on the NYSE, allowin.

Surf Air Mobility Reports Revenue Growth In Third Quarter 2023 and Maintains Full Year Guidance

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility” or “Surf Air”), a company that aims to transform regional flying through electrification technology, today publicly filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (“the SEC”) registering up to 300 million shares of Common Stock. This represents the balance of the full amount of shares of Common Stock that the Company estimates could be issued and sold to GEM for $100.

Surf Air Mobility Files Form S-1 registration statement with the SEC registering up to 300 million shares of Common Stock

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a regional air mobility platform aiming to sustainably connect the world's communities, today announced that it will release their third quarter 2023 financial results after market close on Tuesday, November 14, 2023, and will host a webcast at 5:00 pm ET the same day. Interested parties can register in advance to listen to the webcast here, or can find a link on the ‘Events & Presentations' section of our investor relations.

Surf Air Mobility to Provide Third Quarter 2023 Financial Results on November 14, 2023

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Textron

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility” or “SAM”), a regional air mobility platform aiming to sustainably connect the world's communities, confirmed its exclusive relationship with Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, upon the completion of its public market debut. Today the company announced that deliveries of the first 20 Cessna Grand Caravan EX aircraft are expected to begin in the first half of 2024. This exclusive relation.

Surf Air Mobility Confirms Order for 100 Aircraft and Exclusive Relationship with Textron Aviation to Support Surf Air Mobility's Development of an Electrified Cessna Grand Caravan EX

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a regional air mobility platform aiming to sustainably connect the world's communities, today announced it published an investor presentation to its IR site which can be viewed at investors.surfair.com. ABOUT SURF AIR MOBILITY Surf Air Mobility is a Los Angeles-based regional air mobility platform expanding the category of regional air travel to reinvent flying through the power of electrification. In an effort to substantially.

Surf Air Mobility Publishes Updated Investor Presentation

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility” or “Surf Air”), a regional air mobility platform aiming to sustainably connect the world's communities, today publicly filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (“the SEC”) registering up to 25.0 million shares to satisfy certain conditions associated with the previously disclosed share subscription facility it has entered into with Luxembourg-based Gem Global Yi.

Surf Air Mobility Publicly Files Form S-1 Registration Statement Related to Previously Announced Funding from Gem Global Yield LLC SCS

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a regional air mobility platform aiming to sustainably connect the world's communities, today announced its co-founder, Sudhin Shahani, and chairman, Carl Albert, purchased 140,145 shares and 75,585 shares, respectively, of Surf Air Mobility's common stock (NYSE: SRFM) in an open market transaction, re-affirming their commitment to the company. ABOUT SURF AIR MOBILITY Surf Air Mobility is a Los Angeles-based regional air mobilit.

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