Surf Air raises $200 million; hires former Virgin America CEO

Surf Air raises $200 million

Surf Air Mobility says it has received a commitment for $200 million in advance of plans to go public

Surf Air Mobility, the product of a recent merger between Surf Air and Blackbird, will announce next week it has secured a $200 million investment commitment from Global Emerging Markets Group (GEM). The company bills itself as “a $3.4 billion alternative investment group that manages a diverse set of investment vehicles focused on emerging markets across the world.”

Surf Air Europe Is Moving From Luton To London City Airport

By using private jet terminals, Surf Air can cut total travel time by more than half

 

Less than six months after taking flight, the all you can fly membership airline is making a big move, just a short distance, moving its London operations some 50 miles from Luton Airport to London City Airport in December. Initially, the schedule will feature the same weekday daily nonstops to Zurich with plans to go double daily in the coming months, CEO Simon Talling-Smith tells Private Jet Card Comparisons. He adds, “We will be operating our first (Pilatus) PC-12s from the Zurich base into Luxembourg and Munich (and) we’re also looking carefully at Zurich-Frankfurt and Zurich-Brussels.”

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