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.”
The Pilatus PC-12 operator has also reduced minimums from 60 minutes to 8/10ths of an hour within its primary service area
Tradewind Aviation is following up on last year’s launch of its Goodspeed Jet Card program by restructuring its on-demand charter pricing within its fixed-rate service area.
The private jet operator is investing $21 million by acquiring two of the best-selling Embraer light jets
In the most recent sign that demand for private flights is bouncing back, Nicholas Air says it is adding two new from manufacturer Embraer Phenom 300Es to its fleet.
The company says the move is based on current and future demand. Flight hours for this month are already at 120% of 2019 levels with five days left to go.
The Pilatus PC-12 operator will begin scheduled and on-demand private charter flights from June 22
Popular Caribbean destination St. Barths is reopening its borders for visitors starting June 22. As a result, Tradewind Aviation has now reset its scheduled flights. It also offers private on-demand charters via its Pilatus PC-12 fleet.
The Pilatus PC-12 operator is launching private shuttle flights within 200 miles of Teterboro and Westchester County Airports outside New York City
Tradewind Aviation, which already offers a Pilatus PC-12 based jet card program and scheduled shuttle flights, is now adding an option for private shuttle flights.
The move is the latest response from private aviation providers in response to the Covid-19 Coronavirus pandemic. Research shows exposure the virus is more than 30 times lower when flying privately as opposed to using the airlines.