Surf Air Mobility Inc.
Market Cap
110M
Short interest (May 15)
11.6%
Net Short (Jun 03 ): 0.4%
Borrow Fee
16.45%
↑ 31.3%
Available Shares
300K
↑ 590.4%
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Company Overview
Surf Air Mobility Inc is a regional air mobility platform operating commuter airlines in the United States and expanding an on-demand charter marketplace for passengers in the U.S. and globally. It is also focused on developing a proprietary aviation software, aircraft electrification powertrain technology and services to enable electrification across the regional air mobility sector. The company operates in a single reportable segment, Air Mobility. The Air Mobility segment derives revenue from operating scheduled commercial air service flights, which are sold to the public mainly on a per-seat basis; through subsidized EAS revenue awards from the Department of Transportation; and by operating on-demand flights for customers on an ad-hoc, by request basis.
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