General info on Surf Air Mobility Inc.

What is Surf Air Mobility Inc.?

Also known as ‘Surf Air’ or ‘Surf Air Mobility’, this is a US-based electronic aviation company servicing regional air travel throughout the US, while also supporting the innovation of flying sustainably through its electric aircraft technology.

Surf Air Mobility recently merged and acquired Southern, with recent revenue of over $22.7 million, enabling Surf Air to grow its fleet.

Surf Air Mobility Inc. IPO Statistics

Surf Air Mobility announced its direct listing on the New York Stock Exchange (NYSE), under the ticker symbol ‘SRFM’ will take place during the week of July 24th, 2023. The stock's price has changed significantly throughout the 18 months and ranges from $5.93-$11.86 over the private transactions period.

More on Surf Air Mobility Inc.

In May 2022, Surf Air Mobility began the merger with Southern Airway, opening doors to more leveraged operations throughout the US for more air-travel opportunities. “We intend to accelerate the adoption of green flying by developing, together with our commercial partners, hybrid-electric and fully electric powertrain technology to upgrade existing fleets...” a representative stated.

For the year ending December 31, 2022, Surf Air's revenue totaled $20.3 million; its acquired company Southern generated $80.7 million.

In 2022, Surf Air and Southern combined served over 450,000 passengers across 48 cities with over 75,000 departures.