Surf Air Mobility

Surf Air Mobility Inc. is an American aviation company focused on regional flying. The company plans to develop electric and hybrid powertrains to upgrade existing aircraft. Surf Air Mobility is the parent company of Surf Air, a charter flight operator, and two airlines, Mokulele Airlines and Southern Airways Express.

History
Surf Air Mobility was formed in February 2020 following the acquisition of BlackBird Air. The company also controls Surf Air, a private air travel company providing the ability to access short-haul regional flights that range from 50 to 500 miles.

In September 2020, Surf Air Mobility secured a commitment for $200 million in funding from Global Emerging Markets Group (GEM).

In February 2021, Surf Air Mobility entered an agreement to acquire Ampaire, an electric aviation company that develops hybrid-electric powertrains for aircraft such as the Ampaire Electric EEL based on the Cessna 337 and the Cessna Grand Caravan. The agreement has since been called off.

In July 2021, Surf Air Mobility announced that it has entered into an exclusive relationship with Textron Aviation in which Textron Aviation will support Surf Air Mobility's development of an electrified Cessna Grand Caravan, beginning with a hybrid electric Cessna Grand Caravan aircraft. Surf Air Mobility has agreed to purchase up to 150 Cessna Grand Caravan EX single-engine turboprops, with an initial fleet order of 100 aircraft and an option for 50 more.

In July 2023, Surf Air Mobility went public on the stock market through a direct listing on the New York Stock Exchange. A decision many finance outlets described as risky. As part of Surf Air Mobility's debut on the stock market, it completed its acquisition of Southern Airways Express in August 2023.