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.”

Tradewind eliminates repositioning fees from on-demand pricing

Pilatus PC-12

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.

Nicholas Air adds two new Phenom 300Es to its fleet

Nicholas Air Embraer Phenom 300E

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.

Tradewind Aviation sets restart for St. Barths flights

Tradewind Aviation

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.

Tradewind Aviation launches private shuttles

Tradewind Aviation

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.

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