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Surf Air

12111 S Crenshaw Boulevard, Hawthorne, California, 90250, United States

Overview

Surf Air Mobility runs both a scheduled regional airline unit and an on-demand aviation segment that lets customers book flights as needed. In 3Q 2025, the airline division posted its second consecutive quarterly operating profit, while the on-demand business recorded 42 % year-over-year revenue growth. Consolidated quarterly revenue reached $29.2 million, up 3 % from the prior year, although company-wide net losses still widened. Management raised 2025 revenue guidance to at least $105 million, signaling confidence in continued expansion. A recently completed $100 million strategic financing is expected to trim annual interest expense by about $5.5 million, improving the path to profitability. Despite overall losses, cost-cutting measures and revenue momentum suggest further margin improvement ahead.

Total raised
$389M
Funding rounds
8
Latest round
Equity
Latest activity
Aug 2020

Industries

  • Air Transportation
  • Delivery
  • Logistics
  • Transportation
  • Travel
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Recent funding

  1. Equity

    Aug 2020

    $200M

  2. Equity

    Sep 2018

    $9M

  3. Debt Financing

    Aug 2014

    $65M

  4. Series B

    Jul 2013

    $7M

Team

  • Sudhin Shahani

    Co-founder, CEO, and Executive Chairman

    LinkedIn
  • Liam Fayed

    Co-founder and Chief Brand Officer

    LinkedIn
  • Joshua Lowton

    Vice President Sales

    LinkedIn
  • Norik Davtian

    Sr. Software Engineer