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Surf Air Mobility Inc. - $SRFM STOCK NEWS

Welcome to our dedicated page for Surf Air Mobility news (Ticker: $SRFM), a resource for investors and traders seeking the latest updates and insights on Surf Air Mobility stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Surf Air Mobility's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Surf Air Mobility's position in the market.

Rhea-AI Summary

Surf Air Mobility, Inc. (SRFM) participated in Chardan's virtual conference to discuss trends in advanced air mobility and electrified air travel. They were also featured in Chardan's report on digital transformation in freight, logistics, and transportation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.78%
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none
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Rhea-AI Summary

Surf Air Mobility Inc. (NYSE: SRFM) will be releasing their first quarter 2024 financial results on May 14, 2024, after market close. They will host a webcast at 5:00 pm ET the same day, with a replay available online for 21 days. Interested parties can register in advance to listen to the webcast on the investor relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.58%
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Rhea-AI Summary
Surf Air Mobility Inc. (NYSE: SRFM) received notice from the NYSE regarding non-compliance with the minimum stock price requirement. The company has a six-month period to regain compliance by increasing its share price to at least $1.00.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.75%
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none
Rhea-AI Summary
Surf Air Mobility Inc. (SRFM) reports full year 2023 GAAP revenue of $60.5 million, Pro Forma revenue of $112.9 million, and Pro Forma Adjusted EBITDA of $(50.9) million, achieving guidance. The company also announced Q1 2024 revenue outlook of $28.5-29.5 million and Pro Forma Adjusted EBITDA of $(17.0)-$(14.0) million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.03%
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Rhea-AI Summary
Surf Air Mobility Inc. (NYSE: SRFM) partners with Auric Air Services to upgrade up to 12 Cessna Grand Caravan aircraft with electrified powertrains, aiming to reduce emissions and lower operating costs. Surf Air targets significant cost and environmental benefits with up to 50% cost reduction and 100% carbon emissions reduction for fully-electric powertrains.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.95%
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none
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Rhea-AI Summary
Surf Air Mobility Inc. (SRFM) will release their Q4 2023 and full year 2023 financial results on March 28, 2024. A webcast will be hosted at 5:00 pm ET the same day, with a replay available online for 21 days. Interested parties can register in advance to listen to the webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
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Rhea-AI Summary
Surf Air Mobility (SRFM) and Electra.aero partner to introduce affordable and sustainable regional air travel using hybrid-electric eSTOL aircraft. Surf Air secures delivery positions for 90 Electra eSTOL planes, enhancing regional transportation access. Collaboration includes fleet-wide data analytics services and predictive analytics development to cut operating costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
partnership
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Rhea-AI Summary
Surf Air Mobility (NYSE: SRFM) partners with Z.Boskovic Air Charters Ltd to electrify their fleet of 13 Cessna Caravans in Kenya, aiming to reduce direct emissions by up to 100%. This partnership follows similar agreements with other Kenyan air operators and aligns with Z.Boskovic's commitment to environmental protection. The electrified powertrains are expected to improve operational needs and contribute to Kenya's sustainability efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.47%
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Rhea-AI Summary
Surf Air Mobility Inc. (NYSE: SRFM) and Williamsport Municipal Airport Authority have agreed to launch scheduled commuter air service between Williamsport Regional Airport and Washington Dulles International Airport in May 2024. The program aims to provide easier, faster, and more affordable connections through the local airport, with funding and services provided by Williamsport. The flights will be operated by Southern Airways Express, an airline subsidiary of Surf Air Mobility. The agreement resembles Surf Air Mobility’s Essential Air Service contracts, aiming to connect communities that lack access to minimal air service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.79%
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none
Rhea-AI Summary
Surf Air Mobility Inc. (NYSE: SRFM) partners with Safarilink and Yellow Wings Air Services Ltd. to electrify Cessna Grand Caravan aircraft, aiming to reduce direct operating costs by up to 50% and carbon emissions by 100%. The partnership aligns with the Kenyan government's goal of moving away from fossil fuels and toward renewable energy sources by 2030, positioning Safarilink and Yellow Wings as pioneers in sustainability and wildlife conservation efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.55%
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Surf Air Mobility Inc.

NYSE:SRFM

SRFM Rankings

SRFM Stock Data

34.84M
57.63M
22.91%
16.11%
1.7%
Scheduled Passenger Air Transportation
Transportation and Warehousing
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United States of America
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