Surf Air Mobility On A Growth Splurge | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

Sat, May 21, 2022

Surf Air Mobility On A Growth Splurge

SurfAir Mobility’s Three Fer: Electric Aircraft, Southern Airways, Tuscan Holdings

Earlier this week, Surf Air Mobility appeared to be blowing up the airwaves with a multitude of deals and signings announced on 18 May 2022. If you haven’t heard of Surf Air, then today may be just the beginning of an ongoing acquaintance.

Firstly, Surf Air signed an exclusive agreement with AeroTEC and MagniX to accelerate the development of electrified commercial aircraft. In this deal, the sought development and certification of hybrid and fully electric powertrains for new and retrofitting existing Cessna C208 Grand Caravan aircraft, in an effort to reduce operating costs and emissions while improving affordability. These aircraft will of course be used by Surf Air, but also their third-party operators.

Secondly, Surf Air announced a merger with Southern Airways, pending closing and regulatory hurdles, and the result of which will result in Surf Air’s on-demand charter operations gaining access to Southern Airways’ regional hubs, and the latter expanding its reach into 5,000+ public use airports that the larger birds are typically unable to access. 

Southern Airways also operates Mokulele Airlines, and both of which stand to benefit from the results of the hybrid electric project that Surf Air has recently undertaken with the C208 hybrid-electric powertrain’s when their respective fleets are upgraded.

Thirdly, Surf Air Mobility also announced a merger with Tuscan Holdings Corporation II, a special purpose acquisition company, and will go public (become a publicly listed company) at the end of the deal, subject to the satisfaction or waiver of certain closing conditions. Apparently, the holding company was formed strictly for the purpose of the merger, and the deal comes at a healthy $1.42 billion price tag, some upper deck reorganization, and other shuffling.

FMI: https://surfair.com, https://flysouthern.com

 


Advertisement

More News

NTSB Prelim: Piper PA-23

Pilot Also Reported That Due To A Fuel Leak, The Auxiliary Fuel Tanks Were Not Used On June 4, 2025, at 13:41 eastern daylight time, a Piper PA-23, N2109P, was substantially damage>[...]

ANN FAQ: Submit a News Story!

Have A Story That NEEDS To Be Featured On Aero-News? Here’s How To Submit A Story To Our Team Some of the greatest new stories ANN has ever covered have been submitted by our>[...]

Classic Aero-TV: One Man’s Vietnam

From 2023 (YouTube Edition): Reflections on War’s Collective Lessons and Cyclical Nature The exigencies of war ought be colorblind. Inane social-constructs the likes of racis>[...]

ANN's Daily Aero-Linx (07.03.25)

Aero Linx: Colorado Pilots Association (CPA) Colorado Pilots Association was incorporated as a Colorado Nonprofit Corporation in 1972. It is a statewide organization with over 700 >[...]

ANN's Daily Aero-Term (07.03.25): High Speed Taxiway

High Speed Taxiway A long radius taxiway designed and provided with lighting or marking to define the path of aircraft, traveling at high speed (up to 60 knots), from the runway ce>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC