{"id":7613,"date":"2023-08-08T08:39:02","date_gmt":"2023-08-08T08:39:02","guid":{"rendered":"https:\/\/aviation-news.info\/?p=7613"},"modified":"2023-08-08T08:39:02","modified_gmt":"2023-08-08T08:39:02","slug":"uss-surf-air-confirms-c208b-order-as-merger-completes","status":"publish","type":"post","link":"https:\/\/aviation-news.info\/?p=7613","title":{"rendered":"US\u2019s Surf Air confirms C208B order as merger completes"},"content":{"rendered":"

Aviation news international – Surf Air<\/a>\u00a0(URF,\u00a0Santa Monica<\/a>) parent Surf Air Mobility has confirmed\u00a0an order previously announced<\/a>\u00a0in July 2021 for 100\u00a0Cessna (single turboprop)<\/a>\u00a0C208EX Grand Caravans with hybrid-electric propulsion systems and a further 50 options, as it announced the completion of its acquisition of US commuter carrier\u00a0Southern Airways Express<\/a>\u00a0(9X,\u00a0Memphis International<\/a>).<\/p>\n

A regional air mobility platform with scheduled routes and on-demand charter flights operated by third parties, Surf Air clarified in its statement on August 2 that \u201cthe transaction closed immediately prior to the listing of Surf Air Mobility on the New York Stock Exchange\u201d on July 27. Southern Airways Express, considered the largest commuter airline and biggest passenger operator of Cessna Caravans in the United States by scheduled departures, is now a wholly-owned subsidiary of the company.<\/p>\n

Southern chairman and chief executive Stan Little had already\u00a0confirmed the merger to ch-aviation<\/a>\u00a0in late July. Little becomes the CEO of the combined entity, which expects to take delivery of the first of the 208s – to be acquired from\u00a0Textron Aviation<\/a>\u00a0– in 2024 and the rest of the 100 turboprops over a five-year period. The deal with Textron is exclusive, allowing Surf Air to become the first carrier to deploy the hybrid variant of the nine-seater aircraft.<\/p>\n

\u201cSurf Air Mobility is building a regional air mobility platform to sustainably connect the world\u2019s communities,\u201d Little declared in the statement, adding that the new-look company will release its financial results for the second quarter of 2023 and provide an outlook for the full year in mid-August.<\/p>\n

In an email to Johnathan Estes, manager of\u00a0El Dorado<\/a>\u00a0South Arkansas Regional Airport who had asked how the merger might benefit the airport, Little said that deals like the order from Textron were a part of the arrangement of the merger, and that \u201cnone of these deals would have been possible without the public listing, and Southern Airways is pleased that all of them are now in place,\u201d the digital newspaper El Dorado News reported on August 2.<\/p>\n

source: https:\/\/www.ch-aviation.com\/portal\/news\/130480-uss-surf-air-confirms-c208b-order-as-merger-completes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Aviation news international – Surf Air\u00a0(URF,\u00a0Santa Monica) parent Surf Air Mobility has confirmed\u00a0an order previously announced\u00a0in July 2021 for 100\u00a0Cessna (single turboprop)\u00a0C208EX Grand Caravans with hybrid-electric propulsion systems and a further 50 options, as it announced the completion of its acquisition of US commuter carrier\u00a0Southern Airways Express\u00a0(9X,\u00a0Memphis International). A regional air mobility platform with scheduled …<\/p>\n","protected":false},"author":1,"featured_media":7614,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[96,102],"tags":[],"class_list":["post-7613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aviation-world","category-featured-en"],"yoast_head":"\nUS\u2019s Surf Air confirms C208B order as merger completes - aviation news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aviation-news.info\/?p=7613\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US\u2019s Surf Air confirms C208B order as merger completes\" \/>\n<meta property=\"og:description\" content=\"Aviation news international – Surf Air\u00a0(URF,\u00a0Santa Monica) parent Surf Air Mobility has confirmed\u00a0an order previously announced\u00a0in July 2021 for 100\u00a0Cessna (single turboprop)\u00a0C208EX Grand Caravans with hybrid-electric propulsion systems and a further 50 options, as it announced the completion of its acquisition of US commuter carrier\u00a0Southern Airways Express\u00a0(9X,\u00a0Memphis International). 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