Surf Air Mobility Confirms Order For 100 Aircraft And Exclusive Relationship With Textron Aviation To Support Surf Air Mobility's Development Of An Electrified Cessna Grand Caravan EX
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Surf Air Mobility (SRFM) has confirmed its exclusive relationship with Textron Aviation, a Textron Inc. (TXT) company, and announced an initial fleet order of 100 Cessna Grand Caravan EX aircraft, with an option for 50 more. Deliveries of the first 20 aircraft are expected to begin in the first half of 2024. The aircraft will be upgraded to Surf Air Mobility's proprietary electric or hybrid-electric powertrain technology. Surf Air Mobility aims to make electrified aircraft broadly available and bring the benefits of lower cost, lower emission air travel at scale to customers.
September 26, 2023 | 12:09 pm
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Surf Air Mobility's order of 100 Cessna Grand Caravan EX aircraft and its exclusive relationship with Textron Aviation could boost its position in the electric and hybrid-electric commercial air travel market.
The order of 100 Cessna Grand Caravan EX aircraft and the exclusive relationship with Textron Aviation could significantly enhance Surf Air Mobility's capabilities and market position in the electric and hybrid-electric commercial air travel market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Textron Inc.'s exclusive relationship with Surf Air Mobility and the order of 100 Cessna Grand Caravan EX aircraft could boost its revenues and market position in the electric and hybrid-electric commercial air travel market.
The exclusive relationship with Surf Air Mobility and the order of 100 Cessna Grand Caravan EX aircraft could significantly enhance Textron Inc.'s revenues and market position in the electric and hybrid-electric commercial air travel market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100