SRFM · CIK 0001936224 · operating
Surf Air Mobility operates a commercial air transportation platform offering two primary service models: scheduled commercial flights on fixed routes and on-demand flights booked on an ad-hoc basis. The company targets the nonscheduled air transportation segment, positioning itself as an alternative to traditional airlines and ground-based transportation for regional connectivity. Founded in 2011 and headquartered in Hawthorne, California, the company provides services across the United States and internationally.
The company's business model combines recurring revenue from scheduled service routes with variable demand-based flight offerings. This dual approach allows Surf Air Mobility to serve both predictable point-to-point travel patterns and customer-specific routing needs. The platform serves an addressable market of regional and business travelers seeking alternatives to commercial airline hubs and longer ground travel times.
Surf Air Mobility operates with approximately 620 full-time employees and maintains a market capitalization of approximately $0.1 billion. The company is incorporated in Delaware and listed on the NYSE, reflecting its status as a publicly traded operator in the regional air transportation segment.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-5.80 | $-5.80 | +8.7% | |
| 2023 | $-6.35 | $-6.35 | — |