Southern Airways

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

Retrieved on: 
Thursday, March 28, 2024
Air, Transport, Aerospace, Manufacturing, Aircraft, Microsoft, MOU, ROI, Southern Airways, Surf Air Mobility, Growth, Garmin, Partnership, Insurance, Cessna 208 Caravan, Auric Air, GAAP, Surf Air, Purdue University, Airline

Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today reported its fourth quarter and full year results.

Key Points: 
  • 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.
  • Pro forma revenue of $27.4 million for fourth quarter 2023, compared to $27.7 million for the same period of the prior year.
  • Surf Air Mobility will provide full-year 2024 guidance at its Investor Day to be held on June 7, 2024, at the New York Stock Exchange.

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

Retrieved on: 
Tuesday, November 14, 2023
Automotive, Air, Transport, Alternative Energy, Energy, Alternative Vehicles, Fuels, EBITDA, Surf Air Mobility, Acquisition, NYSE, Engineering, Bank statement, Surf Air, Marketing, G&A, GAAP, Partnership, Growth, Textron Aviation, Form 10-Q, Airline, Reinsurance, Sales, The Bahamas, Southern Airways

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.

Key Points: 
  • 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.
  • Finalized our exclusive sales and marketing agreement with Textron Aviation that Surf Air anticipates will activate a viable channel to significant market share with our electrified powertrains.
  • GAAP Revenue, which assumes operating results for Surf Air for the full year 2023 period and Southern for the period July 28, 2023 through December 31, 2023, in the range of $54.5 million to $59.5 million.

REGENT Announces Deal with Surf Air to Establish Seaglider Service in Miami

Retrieved on: 
Thursday, October 12, 2023
NYSE, Wake County Board of Commissioners, Surf Air Mobility, Aircraft, Mokulele Airlines, Travel, Transport, Commissioner, Environment, PortMiami, Surf Air, Miami International Airport, Seaglider, Water, Airline, Southern Airways

This deal is the continuation of a longstanding relationship between REGENT and Surf Air subsidiary Southern Airways.

Key Points: 
  • This deal is the continuation of a longstanding relationship between REGENT and Surf Air subsidiary Southern Airways.
  • Surf Air Mobility is uniquely positioned to commercialize and scale new innovative technologies in the regional air mobility space.
  • "REGENT seagliders are a great solution to the growing transportation needs of residents and visitors in Miami and South Florida,” said Stan Little, CEO of Surf Air Mobility.
  • “We’re thrilled to have Surf Air as our premier operating partner in Miami and South Florida,” said Billy Thalheimer, co-founder and CEO of REGENT.

REGENT Raises $60M Series A to Define New Era of Sustainable Transportation

Retrieved on: 
Thursday, October 5, 2023
FRS, Rhode, Certification, Monarch, Textbook, Seaglider, Founders Fund, Future Planet Capital, CO2, Transport, Travel, Mesa Airlines, Point72 Asset Management, Viceroy, U.S. Coast Guard environmental protection, Mokulele Airlines, Strategic Innovation Fund, Lockheed Martin, Airline, Renewable energy, Brittany Ferries, Southern Airways

Seagliders are a new mode of transportation that enables fast, affordable, zero-emission travel along coastal routes.

Key Points: 
  • Seagliders are a new mode of transportation that enables fast, affordable, zero-emission travel along coastal routes.
  • They reach cruise speeds up to 180 mph while traveling up to 180 miles on a single charge.
  • “Our two investment pillars are sustainability and aerospace and defense, and REGENT falls perfectly in the intersection.
  • “Their faster, cheaper, and cleaner solution for regional mobility is the first radical advance in transportation in decades.

REGENT Announces Deal with Surf Air to Establish Seaglider Service in Miami

Retrieved on: 
Thursday, October 12, 2023
Maritime, Air, Aerospace, Transport, Manufacturing, Transportation, Travel, NYSE, Wake County Board of Commissioners, Surf Air Mobility, Aircraft, Mokulele Airlines, Commissioner, Environment, PortMiami, Surf Air, Miami International Airport, Seaglider, Water, Airline, Southern Airways

This deal is the continuation of a longstanding relationship between REGENT and Surf Air subsidiary Southern Airways.

Key Points: 
  • This deal is the continuation of a longstanding relationship between REGENT and Surf Air subsidiary Southern Airways.
  • Surf Air Mobility is uniquely positioned to commercialize and scale new innovative technologies in the regional air mobility space.
  • “REGENT seagliders are a great solution to the growing transportation needs of residents and visitors in Miami and South Florida,” said Stan Little, CEO of Surf Air Mobility.
  • “We’re thrilled to have Surf Air as our premier operating partner in Miami and South Florida,” said Billy Thalheimer, co-founder and CEO of REGENT.

Surf Air Mobility Files Its Second Quarter Results via Quarterly Report on Form 10-Q and Current Report on Form 8-K

Retrieved on: 
Tuesday, August 29, 2023
Air, Environment, Transport, Transportation, Green Technology, Travel, Pro forma, Surf Air, Government procurement in the United States, G&A, GAAP, Surf Air Mobility, Marketing, Textron Aviation, Sumathi Best Television Current Reporting Award, Acquisition, Electrification, Yoy, Adjustment, NYSE, WalletHub, Fireworks, Sales, Bookkeeping, Southern Airways

Second quarter operating results for Surf Air Mobility were filed today in its regular Quarterly Report on Form 10-Q.

Key Points: 
  • Second quarter operating results for Surf Air Mobility were filed today in its regular Quarterly Report on Form 10-Q.
  • The acquisition of Southern Airways (“Southern”) by Surf Air Mobility closed during the third quarter, on July 27, 2023.
  • As such, the Quarterly Report on Form 10-Q for Surf Air Mobility only reflects the results of Surf Air.
  • Surf Air Mobility today also filed a Current Report on Form 8-K with Southern’s second quarter operating results.

Surf Air Mobility Reports Second Quarter Results and Provides Guidance Following Recent Direct Listing on NYSE

Retrieved on: 
Wednesday, August 16, 2023
Air, Transport, Green Technology, Environment, Aircraft, Pro forma, Textron, Surf Air, Travel, ACAA, GEM, Caravan, Government procurement in the United States, Cessna 208 Caravan, G&A, GAAP, Surf Air Mobility, Marketing, Textron Aviation, Acquisition, Air travel, Electrification, CFO, Yoy, Growth, Letter, Adjustment, Hand, NYSE, Economics, Airline, Rare-earth element, Sales, Bookkeeping, Security (finance), Southern Airways

Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”), a regional air mobility platform aiming to sustainably connect the world’s communities, today announced its second quarter results and outlook for full year 2023.

Key Points: 
  • Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”), a regional air mobility platform aiming to sustainably connect the world’s communities, today announced its second quarter results and outlook for full year 2023.
  • Please visit the Surf Air Mobility investor relations website at investors.surfair.com to view the accompanying letter to its shareholders.
  • “The combination of Surf Air Mobility and Southern Airways provides the basis for our expanded, nationwide regional air mobility platform, and we are thrilled to emerge as a publicly-traded company.
  • The acquisition of Southern Airways (“Southern”) by Surf Air Mobility closed immediately prior to the listing of Surf Air Mobility on the New York Stock Exchange under the ticker symbol “SRFM” on July 27, 2023.

Surf Air Mobility Announces the Successful Completion of its Acquisition of Southern Airways

Retrieved on: 
Wednesday, August 2, 2023
Environment, Air, Transport, Aerospace, Manufacturing, Sustainability, Green Technology, Transportation, Travel, Aircraft, ACAA, GEM, Surf Air Mobility, Yoy, Growth, Airline, Southern Airways

Surf Air Mobility Inc. (“Surf Air Mobility” or “SAM”), a regional air mobility platform aiming to sustainably connect the world’s communities, announced today that the transaction between Surf Air Mobility and Southern Airways (“Southern”) closed immediately prior to the listing of Surf Air Mobility on the New York Stock Exchange under the ticker symbol “SRFM” on July 27, 2023.

Key Points: 
  • Surf Air Mobility Inc. (“Surf Air Mobility” or “SAM”), a regional air mobility platform aiming to sustainably connect the world’s communities, announced today that the transaction between Surf Air Mobility and Southern Airways (“Southern”) closed immediately prior to the listing of Surf Air Mobility on the New York Stock Exchange under the ticker symbol “SRFM” on July 27, 2023.
  • The combination of Surf Air Mobility and Southern will provide the basis for SAM’s anticipated expanded, nationwide regional air mobility platform.
  • “Surf Air Mobility is building a regional air mobility platform to sustainably connect the world’s communities.
  • We are thrilled to announce the completion of our transaction, combining Surf Air and Southern into Surf Air Mobility, the largest commuter airline in the US by scheduled departures.

REGENT Unveils Full-Scale Mock-Up of Revolutionary Seaglider, Plans for Manufacturing Facilities

Retrieved on: 
Friday, April 14, 2023
Viceroy, Azul Brazilian Airlines, JetBlue, Mesa Airlines, Breeze Airways, Central Waqf Council, Mokulele Airlines, Boeing, FRS, Water, Brittany Ferries, Transport, Rail transport, Airline, Southern Airways, Japan Airlines

REGENT seagliders are a new category of maritime vehicle that combine the high speed of an airplane with the low operating cost of a boat.

Key Points: 
  • REGENT seagliders are a new category of maritime vehicle that combine the high speed of an airplane with the low operating cost of a boat.
  • “This mock-up along with the announcement of our plans to build new state-of-the-art facilities showcases our growth trajectory and our commitment to begin production as soon as possible,” said REGENT co-founder and CEO Billy Thalheimer.
  • It wasn't until we saw the work being done by REGENT that we decided to commit to a vehicle outside our current fleet.
  • REGENT expects its first commercial Viceroy seagliders to enter service by mid-decade.

Southern Living Announces Winners of 2023 South's Best Awards

Retrieved on: 
Tuesday, March 7, 2023
City, Joint, NBC, Sale, State park, Love, Character, Southern Airways, Human, Film industry, Hoda Kotb, Southern Living

NEW YORK and BIRMINGHAM, Ala., March 7, 2023 /PRNewswire/ -- Dotdash Meredith's Southern Living announces the winners of its seventh annual South's Best Awards, recognizing readers' favorite Southern destinations and experiences. In-depth coverage of the winners appears in the April issue of Southern Living, on sale March 17 and on SouthernLiving.com here.

Key Points: 
  • NEW YORK and BIRMINGHAM, Ala., March 7, 2023 /PRNewswire/ -- Dotdash Meredith's Southern Living announces the winners of its seventh annual South's Best Awards, recognizing readers' favorite Southern destinations and experiences.
  • In-depth coverage of the winners appears in the April issue of Southern Living, on sale March 17 and on SouthernLiving.com here .
  • This year's South's Best Awards survey results reveal the Top 50 Southern Small Towns, plus the best Cities, Hotels, State Parks, and BBQ Joints.
  • Highlights of Southern Living's 2023 South's Best Awards survey results are as follows: