New to The Street’s TV Host Jane King, from the New York Stock Exchange Studio, talks with Stan Little, Chief Executive Officer, and Sudhin Shahani, Founder of Surf Air Mobility, Inc. (NYSE: SRFM) ($SRFM). The Company is a regional airline business and is in the development and commercialization of electrified aircraft. With on-demand and scheduled services, SRFM provides affordable air travel to approximately 500,000 passengers yearly. Stan informs viewers that its current mobility platforms can offer cost-effective flights, some as low as $99. Management believes its fully electric and hybrid-electric aircraft will be available within three years, flying passengers in regional markets. Sudhin explains how the Company’s engineering team can convert news and use Cessna turbo-prop planes to electrify aircraft. The US has over 5,000 smaller regional public airports, but only 30 airports account for 70% of airline traffic. Management sees a large, underserved regional market that can significantly benefit from its current air mobility platforms and create an efficient and affordable green regional flying experience. SRFM has a solid speed-to-market input from converting existing aircraft to its electrified powertrain. Other air-transport products, including vertical lift crafts, have long lead times, certification issues, and other regulator factors before marketability. Another competitive advantage is that SRFM has a pilot training program, graduating FAA-certified pilots for their platforms and large commercial airlines. Surf Air Mobility, Inc. aims to be a future leader in regional cost-effective electric air travel. The on-screen QR code is available during the show; download or visit Surf Air Mobility, Inc. – https://www.surfair.com/.
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