Surf Air Mobility Inc. (NYSESRFM) (the “Company” or “Surf Air Mobility”), a leading regional air mobility platform, today published the first presentation in a new video series on the company’s business plan and operations. This first video, narrated by the Company’s Chief Financial Officer, Oliver Reeves, provides greater detail on the Company’s Transformation Plan and growth opportunities in both its Air Mobility and Air Technology businesses.
Surf Air Mobility Inc. (NYSESRFM) (“the Company”,“Surf Air”), a leading regional air mobility platform, announced that Chairman of the Board, Carl Albert, and Co-Founder and Member of the Board, Sudhin Shahani, purchased 14,500 shares and 17,237 shares, respectively, of the Company’s common stock, for an aggregate purchase price of approximately $110,000, in open market transactions.
Surf Air Mobility Inc. (NYSESRFM) (“the Company”,“Surf Air”), a leading regional air mobility platform, announced the appointment of David Anderman to the Company’s board of directors effective December 17, 2024. Mr. Anderman served as Chief Legal Officer of Surf Air from June 2023 to May 2024.
Surf Air Mobility Inc. (NYSESRFM) (the “Company” or “Surf Air”), a leading regional air mobility platform, announced today that it anticipates reducing potential future equity dilution by approximately 90%. As part of its new financing strategy, with increased reliance on debt versus equity financing, the Company plans to amend the registration statement associated with its share subscription facility with GEM Global Yield LLC (“GEM”). The anticipated amendment, which will require Securities Exchange Commission review, will reflect the Company’s plan to significantly reduce its use of the equity backed GEM facility by reducing the number of shares registered by approximately 35.6 million shares.
Surf Air Mobility Inc. (NYSESRFM) (“the Company”, “Surf Air”), a leading regional air mobility platform, announced today it has appointed Deanna White to the position of Chief Executive Officer & Chief Operating Officer, after having served as the Company’s Interim CEO & COO since May 2024. Ms. White also previously served as Surf Air Mobility’s Chief Financial Officer from May 2022 to December 2023.
Surf Air Mobility Inc. (NYSESRFM) (“Surf Air”), a leading regional air mobility platform, announced today it has taken delivery of four Cessna Grand Caravan EX turboprop aircraft from Textron Aviation. These four aircraft are the first deliveries of Surf Air’s previously announced fleet order with Textron Aviation. Surf Air is financing two of these aircraft through operating leases with ITC-AeroLeasing, Inc., an existing aircraft financing partner for Surf Air and a leading independent Japanese aircraft leasing and sales company serving the international general and business aviation communities.
Surf Air Mobility Inc. (NYSESRFM) (“the Company”,“Surf Air”), a leading regional air mobility platform, announced last week its four-phase Transformation Plan and a $50 million term loan that positions the Company to achieve profitability in its airline operations.
Surf Air Mobility Inc. (NYSESRFM) (the “Company”), a leading regional air mobility platform, today reported financial results for the third quarter ended September 30,
Surf Air Mobility Inc. (NYSESRFM) (the “Company”), a leading regional air mobility platform, today reported financial results for the third quarter ended September 30, 2024.
Surf Air Mobility Inc. (NYSESRFM) (“the Company”), a leading regional air mobility platform, today announced the closing and funding of its new Senior Secured Term Loan from
Surf Air Mobility Inc. (NYSESRFM) (“the Company”), a leading regional air mobility platform, today announced the closing and funding of its new Senior Secured Term Loan from Comvest Partners, a multi-billion-dollar investment management firm. The new facility is comprised of (i) a $44.5 million term loan, which was fully funded today, and (ii) a $5.5 million delayed draw term loan to be used for interest payments over the first 18 months.
Surf Air Mobility Inc. (NYSESRFM), a leading regional air mobility platform, today announced that it will release its third quarter 2024 financial results after market close on Thursday, November 14, 2024, and will host a webcast at 5:00 pm ET the same day.
