The company has reached reliable air traffic care.
Surf Air Mobility Inc. (NYSE: SRFM) (“Das company”, “Surf Air Mobility”), a leading regional Air Mobility platform, announced today the most important progress in the company's second phase of the company's four-phase transformation plan. The optimization phase focuses on operational improvements and the provision of internal Surfos ™ technology in order to achieve the profitability of the company's airlines this year as a positive EBITDA.
The latest optimization phase key services include:
Optimize the operation of the airlines (Southern Airways and Mokulele Airlines)
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Constantly improved controllable final factor1 In the past few months with an increase of 10% compared to the GJ 24.
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D0 steadily improves (at time exits) in the past few months with an increase of 21% compared to 24.
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A14 steadily improves (arrivals within 14 minutes after the planned schedule) in recent months with an increase of 21% compared to 24 years.
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In the next 4 years, an extension of the BID contract extension in an essential air force community of $ 9.9 million was recently made available for additional subsidies.
The controllable completion factor D0 and A14 are currently the highest since January 2023, and the company believes that the continued improvement in operational reliability will further strengthen customer satisfaction and that the airline will position long -term and profitable growth.
Calibrate the On -Demand business again
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The Surf on Demand business has worked with over 425 operators since the beginning.
Efficiency of Surfos rise
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The reporting on the reports of non-regulatory submissions of frate reports (flat risk assessment instruments) have doubled since the company introduced the company's crew app, the strengthening of the security culture, the improvement of operational visibility and the enabling of a proactive risk reduction.
The company leads a large part of the operational improvements to steps that make its strengthened management team with talents from the southwest, Flexjet and Amazon Air as well as the significant investments in the renovation of aircraft, the introduction of new Cessna caravans to service and the expanded internal adoption of surfos.
Deanna White, CEO and COO from Surf Air Mobility, said: “The main goal of the optimization phase of our transformation plan is to create a more efficient and profitable organization in order to create the basis for the expansion of our network and the acceleration of our growth. and have made in our fleet. These improved metrics reflect a concrete return on investment and underline the results and the execution moment of our transformation plan. ”
Surf Air Mobility is still on the right track to get into the third phase of the transformation plan of the company “Expansion” in 2026, in which the company intends to start new planned routes and to offer Surfos to third -party customers.
About surfing mobility
Surf Air Mobility is a regional air mobility platform based in Los Angeles and one of the largest commuter airlines in the United States through planned descents. It is also the largest US passenger operator of Cessna Caravans. In addition to its airlines and the Charter Services request, Surf Air Mobility is developing an AI-driven software platform for the regional air mobility industry. The company also works to commercialize electrified aircraft and to develop the proprietary drive train technology for the Cessna Caravan. Surf Air Mobility plans to offer the regional air mobility industry its software and electrification solutions in order to improve security, efficiency and profitability.
Predicted statements
This press release contains future -oriented statements in the sense of the law on private securities disputes from 1995, including statements about the profitability of Surf Air and future financial results as well as their ability to achieve its business goals. Readers of this publication should be aware of the speculative nature of future -oriented statements. These statements are based on the convictions of the company management and assumptions that are currently available to the company and reflect the current views of the company at future events. Therefore, they are subject to risks and uncertainties that can lead to actual results or events differ significantly from those that are expressed or implied by such future -oriented statements. These risks and uncertainties include: Surf Air's ability to anticipate the future needs of the market for air mobility; The future ability of Surf Air to pay contractual obligations and liquidity depends on the operating performance, the cash flow and the ability to secure adequate financing. the dependence on partners and suppliers of third-party providers for the components and the collaboration of Surf Air by developing his Advanced Air Mobility software platform as well as interruptions, disagreements or delays with these partners and suppliers; to successfully implement the inability to successfully implement business goals and growth strategies or to maintain the growth of Surf Air; Surf Air's inability to pay the services of Surf Air; the inability to obtain surfing air, to receive additional financing or to access the capital markets in order to finance its ongoing business activities for acceptable conditions; the result of a legal procedure that may be introduced against Surf Air, the risks associated with the obligations of Surf Air to comply with the applicable laws, the rules and the rules and the standards of the New York stock exchange; And general economic conditions. These and other risks are discussed in detail in the regular reports that the company submits to the SEC, and investors are asked to check these regular reports and the other submissions of the company at the Sec that are accessible on the SEC website www.sec.govbefore an investment decision makes. The company assumes no obligation to update its future -oriented statements, except as required by law.
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Controllable Completion factor measures the percentage of the planned planned flights, except cancellations due to weather, ATC or other uncontrollable events. |
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