Latest news with #SurfAirMobilityInc
Business Wire
2 days ago
- Business
- Business Wire
Surf Air Mobility to Announce Second Quarter 2025 Financial Results on August 12, 2025
LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) ('Surf Air Mobility'), a leading regional air mobility platform, today announced that it will release its second quarter 2025 financial results after market close on Tuesday, August 12, 2025, and will host a webcast at 5:00pm ET the same day. Interested parties can register in advance to listen to the webcast here or can find a link on the 'Events & Presentations' section of our investor relations website. Alternatively, listeners may dial into the call as follows: North America - Toll-Free (800) 715-9871 International (Toll) - (646) 307-1963 Conference ID: 4775356 About Surf Air Mobility Surf Air Mobility is a Los Angeles-based regional air mobility platform and one of the largest commuter airlines in the U.S. by scheduled departures. It is also the largest U.S. passenger operator of Cessna Caravans. In addition to its airline operations, Surf Air Mobility is developing an AI-powered software platform for the Regional Air Mobility industry. The company is also working to commercialize electrified aircraft and creating proprietary powertrain technology for the Cessna Caravan. Surf Air Mobility plans to offer its software and electrification solutions to the Regional Air Mobility industry, with the aim to improve safety, efficiency, and profitability.
Yahoo
14-07-2025
- Business
- Yahoo
Surf Air Mobility Unveils AI-Powered SurfOS Platform, Partners with Palantir for 2026 Commercial Launch.
Surf Air Mobility Inc. (NYSE:SRFM) is one of the best young stocks to buy and hold for 5 years. On June 10, Surf Air Mobility unveiled its new flagship SurfOS AI-enabled operating system, which is set for broad commercial release in 2026. The suite includes three core products: BrokerOS, OperatorOS, and OwnerOS. SurfOS will create a unified and federated platform by integrating industry data, powered by Palantir Technologies (NASDAQ:PLTR). The three flagship products offer distinct functionalities: BrokerOS streamlines sourcing, quoting, booking, and payments for charter brokers. OperatorOS optimizes aircraft and crew scheduling for both Part 135 charter operators and scheduled commuter airlines. OwnerOS provides private aircraft owners with transparency and optimization capabilities. An Airbus A320ceos ready to take off from the runway of the company's corporate airport. SurfOS currently has beta agreements with eight users who are helping to refine key BrokerOS and OperatorOS features. While the broader Regional Air Mobility industry is projected to reach $75 to $115 billion globally by 2035, these initial commercial software products are expected to immediately impact the private aviation landscape. Surf Air Mobility Inc. (NYSE:SRFM) engages in the air mobility business in the US and internationally. Palantir Technologies Inc. (NASDAQ:PLTR) builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations. While we acknowledge the potential of SRFM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
10-07-2025
- Business
- Business Wire
Surf Air Mobility to Present at the Emerging Growth Conference
LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today announced that CEO and COO, Deanna White, and CFO, Oliver Reeves, will present at the Emerging Growth Conference on Thursday, July 17, 2025, at 11:30 AM ET. Participants can register to view the conference here. About Surf Air Mobility Surf Air Mobility is a Los Angeles-based regional air mobility platform and one of the largest commuter airlines in the U.S. by scheduled departures. It is also the largest U.S. passenger operator of Cessna Caravans. In addition to its airline operations and On Demand charter services, Surf Air Mobility is developing an AI-powered software platform for the Regional Air Mobility industry. The company is also working to commercialize electrified aircraft and develop proprietary powertrain technology for the Cessna Caravan. Surf Air Mobility plans to offer its software and electrification solutions to the Regional Air Mobility industry to improve safety, efficiency, and profitability.
Yahoo
01-07-2025
- Business
- Yahoo
Joby Aviation, Inc. (JOBY) Moves 11.8% Higher: Will This Strength Last?
Joby Aviation, Inc. (JOBY) shares ended the last trading session 11.8% higher at $10.55. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 20.7% gain over the past four weeks. Shares of the company rose following the announcement that it completed a series of test flights in Dubai. The company aims to revolutionize travel in Dubai while reducing traffic congestion. This company is expected to post quarterly loss of $0.19 per share in its upcoming report, which represents a year-over-year change of -5.6%. Revenues are expected to be $0.05 million, up 66.7% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Joby Aviation, Inc., the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on JOBY going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Joby Aviation, Inc. is part of the Zacks Transportation - Airline industry. Surf Air Mobility Inc. (SRFM), another stock in the same industry, closed the last trading session 12.8% higher at $3.69. SRFM has returned 40.3% in the past month. For Surf Air Mobility Inc., the consensus EPS estimate for the upcoming report has changed -0.4% over the past month to -$0.91. This represents a change of +53.6% from what the company reported a year ago. Surf Air Mobility Inc. currently has a Zacks Rank of #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Joby Aviation, Inc. (JOBY) : Free Stock Analysis Report Surf Air Mobility Inc. (SRFM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Wire
10-06-2025
- Business
- Business Wire
Surf Air Mobility Introduces Flagship SurfOS ™ AI-Enabled Product Suite for Air Mobility Industry
LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) ('the Company', 'Surf Air Mobility'), a leading regional air mobility platform, today unveiled the three flagship software products of the Company's SurfOS AI-enabled operating system scheduled for broad commercial release in 2026. BrokerOS, OperatorOS, and OwnerOS are purpose-built to address the needs of charter brokers, aircraft operators, and aircraft owners, respectively. SurfOS will integrate industry data into a single, federated platform, creating an operating system for the Regional Air Mobility industry powered by Palantir Technologies (NASDAQ: PLTR). Deanna White, CEO and COO of Surf Air Mobility, said: 'From crew scheduling to flight planning to sourcing on-demand charter aircraft, SurfOS is helping our teams work smarter every day. As we roll out more SurfOS tools internally, we will continue to automate manual tasks and improve reliability to ensure our aircraft and crews are operating as efficiently as possible.' Sudhin Shahani, Co-founder of Surf Air Mobility, said: 'We're creating an operating system that unifies industry data to improve efficiency and increase profitability. Our software will not only serve today's regional and private aviation stakeholders, but is also being built in anticipation of the rapidly approaching era of electrified aircraft. These new electrified aircraft operators will need modern software to manage flight operations and consumer distribution.' SurfOS flagship products: BrokerOS consists of software tools specifically tailored for charter brokers. BrokerOS software tools streamline sourcing, quoting, booking, and payments for charter brokers. These tools will reduce manual workflows and will give both new and experienced brokers instant access to available inventory, live pricing, and end-to-end trip management capabilities. BrokerOS is currently being used to manage the Company's Surf On Demand charter service and, once commercially available, will target the hundreds of Part 295 private charter broker companies and thousands of travel agents worldwide. OperatorOS consists of software tools specifically tailored for aircraft operators. OperatorOS software tools are designed to optimize aircraft and crew scheduling for both Part 135 charter operators and scheduled commuter airlines. Leveraging these tools, operators can reduce turn times and improve aircraft and pilot utilization by tapping into operational data and automated crew planning. OperatorOS also includes a companion mobile Crew App, currently used by the Company today, that enables flight crews to check in for duty and receive flight schedules and operational updates to streamline day-of-flight coordination. Once commercially available, OperatorOS will target the 1,800+ Part 135 operators, of which the Company's commuter airline, Southern Airways, is one of the largest in the U.S. by scheduled departures. OwnerOS consists of software tools specifically tailored for aircraft owners. OwnerOS software tools are designed to deliver transparency and optimization capabilities to private aircraft owners. Through a native integration with OperatorOS, private aircraft owners will gain insight and better visibility into how their assets are being used as well as an interface to support decisions that optimize aircraft utilization to generate better returns on assets. Once commercially available, OwnerOS will target the owners of the 11.7K+ Part 135 aircraft in use today. SurfOS currently has beta agreements with eight users that are helping shape the development of key BrokerOS and OperatorOS features. While SurfOS is positioned to serve the Regional Air Mobility industry, which is projected to be $75–$115 billion globally by 2035, the first commercial software products will have a more immediate impact on today's private aviation landscape. BrokerOS and OperatorOS are designed to address the global private jet charter services market, an estimated $41 billion opportunity by 2029, while OwnerOS is designed to address the estimated $40 billion global private aircraft sales market. About Surf Air Mobility Surf Air Mobility is a Los Angeles-based regional air mobility platform and one of the largest commuter airlines in the U.S. by scheduled departures. It is also the largest U.S. passenger operator of Cessna Caravans. In addition to its airline operations and On Demand charter services, Surf Air Mobility is developing an AI-powered software platform for the Regional Air Mobility industry. The company is also working to commercialize electrified aircraft and develop proprietary powertrain technology for the Cessna Caravan. Surf Air Mobility plans to offer its software and electrification solutions to the Regional Air Mobility industry to improve safety, efficiency, and profitability. Forward-Looking Statements This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the functionality and timing of the commercial release of SurfOS, the total addressable market for SurfOS, Surf Air's profitability and future financial results and its ability to achieve its business objectives. Readers of this release should be aware of the speculative nature of forward-looking statements. These statements are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company and reflect the Company's current views concerning future events. As such, they are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: Surf Air's ability to anticipate the future needs of the air mobility market; Surf Air's future ability to pay contractual obligations and liquidity will depend on operating performance, cash flow and ability to secure adequate financing; the dependence on third-party partners and suppliers for the components and collaboration in Surf Air's development of its advanced air mobility software platform, and any interruptions, disagreements or delays with those partners and suppliers; the inability to execute business objectives and growth strategies successfully or sustain Surf Air's growth; the inability of Surf Air's customers to pay for Surf Air's services; the inability of Surf Air to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against Surf Air, the risks associated with Surf Air's obligations to comply with applicable laws, government regulations and rules and standards of the New York Stock Exchange; and general economic conditions. These and other risks are discussed in detail in the periodic reports that the Company files with the SEC, and investors are urged to review those periodic reports and the Company's other filings with the SEC, which are accessible on the SEC's website at before making an investment decision. The Company assumes no obligation to update its forward-looking statements except as required by law.
