Wheels Up reports $107m loss driven by premium fleet purchasesnews Fayaz Hussain 5 Aug 26 0Wheels Up reported a second-quarter net loss of $107m, wider than the $82m loss in the same period last year, as transformation costs from its… Read more
Palantir takes 7.4% stake in Surf Air Mobility in deeper software pushnews Fayaz Hussain 2 Jul 26 0Palantir Technologies has acquired a 7.4% stake in Surf Air Mobility formalising what had previously been described only as a technology partnership and signalling a… Read more
Wheels Up is launch customer for Surf Air’s Palantir-powered charter broking softwarenews Yves Le Marquand 29 Jun 26 0Wheels Up is set to be the launch customer of Surf Air Mobility’s Enterprise BrokerOS, an AI charter broker product powered by Palantir Technologies. Wheels… Read more
Why would anyone want to list?opinion Alasdair Whyte 9 Aug 23 0It is just over two years ago since Wheels Up’s management team rung the bell at the New York Stock Exchange. The company started trading… Read more
Surf Air Mobility’s share price continues to dropnews Yves Le Marquand 31 Jul 23 0Since listing last Thursday on the NYSE, Surf Air Mobility’s (SAM) share price has fallen from a high of $4.60 down to $2.07 today. Whilst… Read more
Surf Air Mobility to acquire Southern Airways and float on NYSEnews Yves Le Marquand 12 Jul 23 0Surf Air Mobility has announced it expects to begin trading on the New York Stock Exchange (NYSE) next week, preceded by an acquisition of Southern… Read more
Surf Air agrees $450m aircraft financing facility with Jetstream Aviation Capitalnews Yves Le Marquand 13 Oct 22 0Jetstream Aviation Capital has agreed to finance up to $450m for Surf Air Mobility (SAM) through a customised operating lease and sale structure. The financing… Read more
Surf Air Mobility to acquire hybrid electric company Ampairenews CJI Expert 19 Feb 21 0Private aviation company Surf Air Mobility announced it will be acquiring hybrid electric company Ampaire. The deal puts Surf Air closer to its mission to… Read more
Surf Air Mobility: ‘Finding a niche between commercial and private’news Yves Le Marquand 9 Sep 20 0Surf Air Mobility has identified a whitespace in the market between first class commercial and private charter its founder and CEO, Sudhin Shahani, told Corporate… Read more
Surf Air Mobility secures $200m, in preparation for going publicnews Yves Le Marquand 8 Sep 20 0Surf Air Mobility, a membership-based private operator, has secured $200m funding from Luxembourg-based alternative investment group, Global Emerging Markets Group (GEM), as it plans to… Read more
