LOS ANGELES - Surf Air Mobility Inc. (NYSE: SRFM), an innovator in regional air mobility, has announced a memorandum of understanding with Tanzanian airline Auric Air Services Ltd to retrofit up to 12 Cessna Grand Caravan aircraft with Surf Air's electric powertrain technology upon certification.
This agreement positions Surf Air to convert approximately 13% of Africa's Cessna Caravan fleet to its electrified powertrains. The company is currently developing Supplemental Type Certifications for hybrid and fully-electric variants of the aircraft, aiming to slash direct operating costs by up to 50% and completely eliminate carbon emissions for the electric version.
Stan Little, CEO of Surf Air Mobility, expressed enthusiasm for Auric Air's alignment with their mission to reduce emissions, highlighting the significance of Auric Air's commitment to securing delivery positions for the electrified powertrains.
Surf Air's recent agreements with other major Cessna Caravan operators in East Africa, including Safarilink, Yellow (OTC:YELLQ) Wings, and Z.Boskovic, as well as Azul Connecta in Brazil, underscore the growing interest in electric aviation solutions.
Surf Air Mobility, based in Los Angeles, is at the forefront of transforming regional air travel through the adoption of electric aircraft, aiming to make regional flying more affordable and environmentally friendly. With a management team experienced in aviation, electrification, and consumer technology, Surf Air is poised to influence the future of sustainable air travel.
Auric Air, renowned for its safari flights across East Africa, connects travelers to iconic destinations, offering an exceptional safari experience. The airline's commitment to electrification represents a significant step towards sustainable aviation in the region.
The press release contains forward-looking statements concerning the anticipated benefits and certification of Surf Air's electric powertrain technology. These statements are subject to risks and uncertainties, including Surf Air Mobility's limited operational history in electric aircraft manufacturing and dependence on third-party partnerships. The information is based on the opinions and estimates of Surf Air Mobility's management and is provided without any assurance of future performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.