Sat, May 21, 2022
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.
More News
(Pilot) Reported That During The Takeoff Roll, The Flight Controls “Felt Funny” Analysis: The pilot reported that he had a “controllability issue” during ta>[...]
Aero Linx: LightHawk We know that aviation can greatly enhance the rate and effectiveness of conservation work, often in ways that are not immediately obvious. We also know that av>[...]
Designated Common Traffic Advisory Frequency (CTAF) Area In Alaska, in addition to being designated for the purpose of carrying out airport advisory practices while operating to or>[...]
Also: Electric Helicopter Engine, Spitfire Report, Nat'l Aeronca Convention, Skydiver Manual Xyla Foxlin is a social media personality who is an accomplished electronic engineer wh>[...]
Aero Linx: Wright Flight, Inc. Wright Flight, Inc., named after the Wright Brothers, is a unique program that began in Tucson in 1986. Wright Flight was founded by Lt. Col. Robin S>[...]
NTSB Final Report: Dennis T Kirby/Michael B Kirby Murphy Rebel
See All