Surf Air Mobility Inc. reports developments across its regional air mobility platform, scheduled commuter airline operations, and on-demand private charter services. The company operates in a single Air Mobility segment, with revenue sources that include per-seat scheduled flights, Essential Air Service awards from the U.S. Department of Transportation, and ad-hoc charter activity.
Recurring SRFM news covers the company’s AI-enabled SurfOS aviation software, including products such as BrokerOS and operational modules for fuel and crew-reserve optimization, as well as electrification programs for next-generation regional aircraft. Updates also address financial results and guidance, registered common-stock offerings, director and officer stock purchases, material agreements, and governance matters tied to the company’s air-service and aviation-technology strategy.
Surf Air Mobility (SRFM) signed its first commercial OperatorOS contract with Sprintbach Aviation, marking the official market launch of its SurfOS flight operations software.
The definitive agreement makes Sprintbach the first external operator on OperatorOS and supports Surf Air Mobility's goal of having five operators live on the platform by the end of 2026. Surf Air Mobility will earn a percentage of revenue for all Sprintbach flights managed through OperatorOS, which is powered by Palantir Technologies (PLTR). OperatorOS, already used to run Southern Airways and Mokulele Airlines since 2025, was approved by the FAA as an authorized system of record for electronic signatures and recordkeeping.
Surf Air Mobility (SRFM) reported that its executives attended the Federal Aviation Administration’s Project Nexus eVTOL Integration Pilot Program launch meeting on September 10 at Alliance Field in Fort Worth, Texas.
Project Nexus is an eVTOL Integration Pilot Program awarded to North Texas that brings together leading manufacturers such as BETA Technologies, Joby Aviation, and Archer Aviation to develop operational, regulatory, and infrastructure frameworks for integrating electric vertical takeoff and landing aircraft into U.S. airspace. Surf Air Mobility highlights its AI‑enabled SurfOS software, powered by Palantir Technologies, and its Part 135 scheduled airline operations, including Mokulele Airlines in Hawaiʻi, where it is participating in a demonstration program with BETA’s ALIA electric aircraft and operating about 112 daily flights, as positioning the company to help move next‑generation aircraft from certification into commercial passenger and cargo service.
Surf Air Mobility (SRFM) announced that subsidiary Mokulele Airlines has been awarded a new four-year U.S. DOT Essential Air Service contract for Lanaʻi, Hawaiʻi, valued at $19.4 million in subsidies.
The contract, which was won through a competitive process, doubles the term of Mokulele’s prior EAS agreement and provides contracted revenue through August 2030, excluding incremental passenger fare revenue. Under the award, Mokulele will operate 63 weekly round trips (126 weekly flights) connecting Lanaʻi with Honolulu and Kahului/Maui. The DOT cited Mokulele’s service record, Hawaiʻi infrastructure, and interline connectivity. Surf Air Mobility highlights this as support for its broader SurfOS software deployment and long-term strategy to introduce electric aircraft on short, high-frequency Hawaiʻi routes.
Surf Air Mobility (NYSE: SRFM) announced that the Federal Aviation Administration has approved its proprietary flight operations software OperatorOS as an authorized system of record, enabling the Company’s airlines to use electronic signatures, records, and manuals instead of paper.
The FAA approval applies to the Part 135 certificate under which Southern Airways Express and Mokulele Airlines operate. According to Surf Air Mobility, pilots, mechanics, dispatchers, and trainers can now manage crew records, training, weight and balance, bulletins, safety reports, and aircraft manuals electronically, with OperatorOS developed and tested within the Company’s own airline operations before external release.
Surf Air Mobility (NYSE: SRFM) reported 2Q26 revenue of $29.5M, up 8% year over year and 15% sequentially, reaching the high end of its $27M–$30M guidance despite elevated fuel costs and Hawaii weather disruption. Adjusted EBITDA loss was $10.5M, narrower than $12.3M in 1Q26 but wider than $9.5M in 2Q25.
Surf On Demand revenue grew 101% y/y to $12.1M, with departures up about 67% and revenue per flight up 25%. SurfOS advanced with Wheels Up as the first Enterprise BrokerOS customer under a contract worth up to $12M. Management reaffirmed FY26 revenue and adjusted EBITDA guidance, while post‑quarter financing reduced convertible principal by 64% and monthly cash amortization by up to 50%.
Surf Air Mobility (NYSE: SRFM) reported Q2 2026 revenue of $29.5 million, up 8% year over year and 15% sequentially, at the high end of guidance. Scheduled service revenue was $17.4 million (down 19% YoY), while Surf On Demand private charter revenue rose 101% to $12.1 million. Net loss was $28.1 million, and Adjusted EBITDA loss was $10.5 million, meeting guidance.
The company signed its first SurfOS enterprise contract with Wheels Up, worth up to $12 million over three years, expanded its Palantir partnership, and delivered record Surf On Demand revenue and flight volume. Surf Air Mobility refinanced debt, cutting convertible note principal by 64%, reduced total debt by about 50% over the last year, and reaffirmed 2026 guidance for revenue of $128–$138 million and a narrower Adjusted EBITDA loss of $30–$25 million.
Surf Air Mobility (NYSE: SRFM) announced that Chief Executive Officer Deanna White and Chief Financial Officer Oliver Reeves will attend and host virtual investor meetings at the 15th Annual Needham Virtual Industrial Tech, Robotics, & Power 1x1 Conference on August 17.
Interested parties can request meetings through their Needham representative or by emailing investors@surfair.com. Surf Air Mobility is a Los Angeles-based air mobility platform. Using its AI-enabled SurfOS software, the company provides technology designed to modernize air operations and support adoption of next-generation aircraft. The company currently operates one of the largest commuter airlines in the United States by scheduled departures and also offers private charter services, using the scale and operational data from these businesses to validate and deploy its software.
Surf Air Mobility (NYSE: SRFM) announced it has published an updated investor presentation on the Investor Relations section of its website under ‘Events & Presentations’.
The Los Angeles-based air mobility platform uses its AI-enabled SurfOS software to support modernization of air operations and operates a large U.S. commuter airline and charter services.
Surf Air Mobility (NYSE: SRFM) released a shareholder letter from Chairman Shawn Pelsinger outlining the company’s next strategic chapter following its 2024 Transformation Plan. According to the company, it has significantly reduced debt, improved profitability in its air mobility business, and secured its first multi-million-dollar SurfOS software contract, a multi-year deal with Wheels Up worth up to $12 million.
The letter defines three interconnected pillars: the AI-enabled SurfOS software platform (built with Palantir), a tech-enabled private charter platform, and profitable airline operations used as a launchpad for future electric aircraft. Priorities through 2027 include rolling out SurfOS to enterprise and SMB customers, significantly growing charter platform revenue, establishing paths to profitability in each business, and flying the first paying passenger on an electric aircraft once certified.
Surf Air Mobility (NYSE: SRFM) received a continued listing standard notice from the NYSE on July 24, 2026, after the average closing price of its common stock remained below $1.00 for a consecutive 30 trading-day period, breaching Section 802.01C.
The notice has no immediate impact on SRFM’s NYSE listing, and the shares will continue to trade subject to other listing standards. The company has six months to regain compliance, aims to do so organically, and may, if needed, use a shareholder-approved reverse stock split as an additional option.