Surf Air Mobility ($SRFM) Continues to Expand Electrification Agreements with Regional Carriers

Green Stock News

Surf Air Mobility (NYSE: SRFM), a leading regional air mobility platform, has entered into an agreement with Auric Air Services, a Tanzania-based regional air operator across East Africa, to upgrade it's Cessna Grand Caravan fleet with the company's proprietary electrified powertrain technology once certified.

Surf Air has now signed electrification agreements with other large Cessna Caravan air operators as well, including Safarilink, Yellow Wings, and Z.Boskovic in East Africa, and Azul Connecta in Brazil.

Stan Little, CEO of Surf Air Mobility stated “It’s exciting to have Auric Air share our mission of reducing emissions through electrified aircraft. Auric Air’s commitment secures their preferred delivery positions to upgrade their aircraft to our electrified powertrains once the technology is certified.”

Surf Air is developing Supplemental Type Certifications for both hybrid and fully-electric variants of the Cessna Grand Caravan aircraft. With target reductions of up to 50% direct operating costs and 100% in carbon emissions for the fully-electric powertrain, the company says that it believes the impact for other air operators around the world will be profound as the cost and environmental impact of flying is significantly reduced.

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.

Shares of Surf Air Mobility trade on the NYSE under the ticker symbol SRFM. For more information visit www.surfair.com.

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