Surf Air Mobility Inc. reports developments across its regional air mobility platform, scheduled commuter airline operations, and on-demand private charter services. The company operates in a single Air Mobility segment, with revenue sources that include per-seat scheduled flights, Essential Air Service awards from the U.S. Department of Transportation, and ad-hoc charter activity.
Recurring SRFM news covers the company’s AI-enabled SurfOS aviation software, including products such as BrokerOS and operational modules for fuel and crew-reserve optimization, as well as electrification programs for next-generation regional aircraft. Updates also address financial results and guidance, registered common-stock offerings, director and officer stock purchases, material agreements, and governance matters tied to the company’s air-service and aviation-technology strategy.
Surf Air Mobility (NYSE: SRFM) will participate in the 2026 Maxim Growth Summit from October 12 to 14 at The Hard Rock Hotel NYC. Chief Executive Officer Deanna White and Chief Financial Officer Jason Secore will attend. The company will hold one-on-one meetings with institutional investors and engage with senior Maxim research analysts.
Surf Air Mobility (NYSE: SRFM) secured a four-year federal contract providing $19.4 million in subsidies to continue service to Lanaʻi. The award excludes passenger fares and provides contracted revenue through August 2030, doubling the prior award's term.
Year-to-date 2026, direct operating cost per block hour fell 6%, fuel burn and pilot cost per block hour each fell 9%, and labor productivity per block hour improved 15%. Mokulele revenue grew approximately 7% year-over-year in the second quarter. Airline operations ended that quarter with a 98% controllable completion factor and 88% on-time arrivals.
SurfOS modules were deployed across airline operations, and a Hawaiʻi electric-aircraft demonstration with BETA Technologies was completed. For the fourth quarter of 2026 and into 2027, the company plans further digitization, profitability growth and customer-experience upgrades, with electric cargo and passenger service dependent on aircraft certification.
Surf Air Mobility (NYSE: SRFM) signed a definitive agreement with Clipper Aviation for its OperatorOS flight operations software.
The agreement is its fourth commercial OperatorOS contract. Surf Air Mobility will earn a percentage of revenue from all Clipper flights managed through the software. The company targets five operators live on OperatorOS by the end of 2026; the signed contract does not establish that Clipper is already live.
OperatorOS is powered by Palantir Technologies (NASDAQ: PLTR). It has been used in Surf Air Mobility's Southern Airways and Mokulele Airlines operations since 2025 and recently received FAA authorization as a system of record for electronic signatures and recordkeeping.
Surf Air Mobility (NYSE: SRFM) granted equity inducement awards to two new employees on October 2, 2026, under NYSE Rule 303A.08.
Jason Secore, who started as Chief Financial Officer on September 30, received 260,000 restricted stock units: 25% vested immediately and 75% vest over three years. He also received 260,000 performance-based units, with 25% vesting after performance-target approval and 75% over three years, plus 270,000 performance-based units vesting fully after target approval.
Barrett Brown, who started as President of SurfOS on September 30, received 1,000,000 performance-based units tied to annual recurring revenue of $30 million–$50 million; 500,000 tied to financial and operational milestones; and 1,000,000 tied to milestones if SurfOS exceeds $50 million in annual recurring revenue. The Compensation Committee approved the awards and reviews performance-milestone achievement quarterly.
Surf Air Mobility (SRFM) signed a definitive agreement with Air Fuga, its third OperatorOS customer in less than two weeks. Surf Air Mobility will earn a percentage of revenue from all flights managed through the software, following contracts with Sprintbach Aviation and SkyDance Air.
Barrett Brown, formerly Head of Asia at Palantir, becomes President of SurfOS effective September 30, 2026, to lead commercial deployment and software revenue growth. Surf Air Mobility says its Palantir partnership is accelerating OperatorOS commercialization and OwnerOS development through engineering support and joint commercial efforts. Palantir (PLTR) will receive 4,644,922 Surf Air Mobility common shares as payment for continued access to its software and services.
Surf Air Mobility (SRFM) named Jason Secore chief financial officer, effective September 30, 2026, succeeding Oliver Reeves.
Secore previously served as CFO of autonomous aviation company Matternet, where he led its finance organization and a financing and reverse-merger transaction that took it public. He also held senior finance and treasury roles at Arconic, AAR Corp. and Republic Airways. Reeves is stepping down to pursue other opportunities. He will continue to support Surf Air Mobility as an advisor after helping lead its financial strategy during the early phases of its Transformation Plan.
Surf Air Mobility (SRFM) signed a memorandum of agreement with the FAA to participate in its SMART airspace-management program.
As a Participating Airspace User, Surf will assign specialists to the FAA’s SMART Innovation Lab and contribute operational data and feedback to help refine scheduling and trajectory models. SMART Schedules examines potential conflicts months to days before departure, while SMART Trajectories supports coordination on the day of flight. Surf’s participation draws on its airline operations and SurfOS software, which is powered by Palantir Technologies (PLTR).
Surf Air Mobility (SRFM) signed a definitive OperatorOS software agreement with SkyDance Air, marking its second commercial OperatorOS contract.
The deal supports Surf Air Mobility’s goal of having five operators live on OperatorOS by the end of 2026. Surf Air Mobility will earn a percentage of revenue from all SkyDance flights managed through the OperatorOS platform, which is part of its AI-enabled SurfOS suite and is powered by Palantir Technologies (PLTR). SkyDance, a high-volume Part 135 operator and major Cirrus Vision Jet fleet operator in North America, will use OperatorOS to manage scheduling, crew operations, and other key flight-management workflows.
Surf Air Mobility (SRFM) appointed Palantir veteran Barrett Brown as President of SurfOS, effective September 30, 2026.
Brown will lead go-to-market, strategy, and commercial expansion for SurfOS, Surf Air Mobility’s AI-enabled software operating system powered by Palantir Technologies (PLTR). He spent over a decade at Palantir, most recently as Head of Asia, and has held senior roles at Maxar Technologies and advisory roles at Turion Space.
Near-term priorities for SurfOS are to commercialize its flagship products BrokerOS, OperatorOS, and OwnerOS, grow enterprise and SMB adoption, and advance the business toward profitability. BrokerOS and OperatorOS already have definitive agreements with external customers.
Surf Air Mobility (SRFM) signed its first commercial OperatorOS contract with Sprintbach Aviation, marking the official market launch of its SurfOS flight operations software.
The definitive agreement makes Sprintbach the first external operator on OperatorOS and supports Surf Air Mobility's goal of having five operators live on the platform by the end of 2026. Surf Air Mobility will earn a percentage of revenue for all Sprintbach flights managed through OperatorOS, which is powered by Palantir Technologies (PLTR). OperatorOS, already used to run Southern Airways and Mokulele Airlines since 2025, was approved by the FAA as an authorized system of record for electronic signatures and recordkeeping.