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+0.41%
Close of 9 Nov 2026, in USD
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About Surf Air Mobility
From its filings with the US Securities and Exchange Commission
Surf Air Mobility is based in Addison, Texas and is incorporated in Delaware. Its shares trade on NYSE under the ticker SRFM. The SEC classifies its business as air transportation, nonscheduled. In the fiscal year to 31 December 2025, it reported revenue of $106.6m and a net loss of $110.6m. At that date it held total assets of $131.7m and shareholders' equity of −$54.9m.
Surf Air Mobility Inc. (the “Company”), a Delaware corporation, is a regional air mobility platform that aims to transform regional flying. The Company currently operates one of the largest commuter airlines in the United States by scheduled departures as well as an expanding on-demand charter marketplace for passengers in the U.S. and globally. The Company’s operations provide scale, distribution and real-world operating data to validate and, eventually, deploy the software and technology offerings it is currently developing to support the modernization of air operations and the adoption of next-generation aircraft.
The Air Mobility business is an established regional air mobility platform providing scheduled service and an on-demand charter marketplace to passengers in the U.S. and globally. Current initiatives surrounding the Air Technology business seek to develop proprietary aviation software, aircraft electrification powertrain technology and services to enable electrification across the regional air mobility sector.
The Company was incorporated in 2021 and became the ultimate parent of both Surf Air Global Limited (“Surf Air”) and Southern Airways Corporation (“Southern”) in July of 2023 following the Company’s public listing on the NYSE. For 2025, the Company served over 300,000 passengers with approximately 62,000 scheduled departures. We expect the combination of our legacy networks will continue to provide the basis for our expanded, nationwide regional Air Mobility business.
Quoted from its 10-K, filed 12 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Passenger Airlines
- Listed since
- 27 Jul 2023
- Employees
- 467
- Website
- surfair.com ↗
- Head office
- 5080 SPECTRUM DRIVE, ADDISON, TX, 75001
- Incorporated in
- DE
- Classification
- Air Transportation, Nonscheduled
- Filer status
- <br>Emerging growth company
Leadership
Pay as last reported
- Mr. Carl AlbertIndependent Chairman of the Board$287,227
- Ms. Deanna WhiteChief Executive Officer, Chief Operating Officer$984,646
- Mr. Sudhin ShahaniCo-Founder, Director, since 2023$3.8m
- Mr. Oliver ReevesChief Financial Officer$2.0m
- Mr. David AndermanDirector$257,204
- Mr. Shawn PelsingerDirector
- Mr. John D'AgostinoIndependent Director$109,394
- Mr. Bruce HackIndependent Director$115,250
- Mr. Edward MadyIndependent Director$101,519
- Mr. Tyler PainterIndependent Director$98,019
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Headquartered in Hawthorne, California with 467 employees
- IPO on 2023-07-27 provides access to public capital markets
- Operates a regional air mobility platform with scheduled routes and on-demand charter flights
Weaknesses
- Source description states 75 full-time employees, conflicting with 467 employees provided
- Relies on third-party operators for flight services
- Focus on developing powertrain technology may require significant R&D investment
Opportunities
- Expanding regional air travel by connecting underutilized airports and private terminals
- Electrification of aircraft fleets through hybrid-electric and fully electric powertrains
- Scheduled network connecting 44 cities across 18 U.S. states and territories
Threats
- Dependence on third-party operators for flight services may lead to operational inconsistencies
- Electrification technology development faces technical and regulatory challenges
- Competition in the regional air travel market could intensify
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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