Surf Air sets SPAC, agrees to merge with Southern Airways

Surf Air

Surf Air Mobility said it is moving forward with its SPAC and will merge with Southern Airways in deals that will give it a $1.42 billion value

Surf Air Mobility said it has entered into a definitive agreement, subject to closing conditions and regulatory approval, which will result in a merger with Southern Airways Corporation, parent company of Southern Airways.

Surf Air sets limited Black Friday sale

Surf Air

Surf Air is offering limited discounts, including 20 flights for $6,900, or $345 per segment

Surf Air is having a Black Friday Sale with limited, discounted offers.

Set Jet’s private jet by-the-seat is more JetSmarter but competing with JSX

Set Jet private jet by the seat

Set Jet is offering a by-the-seat model aboard true private jets like JetSmarter, but it’s competing against new models like JSX

Scottsdale-based SetJet wants to go where JetSmarter went, hopefully with lots of publicity but none of the lawsuits. In trying to attract customers from the first-class cabin of American Airlines, it is also competing against other by-the-seat semiprivate options like JSX and Surf Air.

Wheels Up in talks with SPAC to go public at $2 billion valuation

Wheels Up

The Wheels Up move follows private aviation and eVTOL focused SPAC filings from Flexjet chairman Kenn Ricci, Surf Air, and Blade in recent months

This morning, a report from Reuters claims Wheels Up is in discussions with Aspirational Consumer Lifestyle Corp to go public through a merger with the SPAC blank-check acquisition company. The article said the deal could value the private aviation provider at “more than $2 billion.”

According to a Private Jet Card Comparisons’ analysis, Wheels Up is the second-largest operator of for-hire private aircraft behind NetJets with an estimated 8.3% of the market.

%d bloggers like this: