Surf Air IPO To Fund Hybrid-electric Fleet Conversions

Surf Air Mobility expects to raise $467 million through an IPO, which would fund conversion of its Cessna Grand Caravan fleet to hybrid-electric power.

Surf Air Mobility's IPO-funded expansion plans focus on converting Cessna Grand Caravan aircraft to hybrid-electric propulsion, using a powertrain developed by MagniX. (Image: Surf Air Mobility)

Post

Copy

By Charles Alcock • Managing Editor

May 18, 2022

Lilium Kicks Off eVTOL Battery Pack Production

Assembly has begun in a factory at Lilium’s headquarters in Germany

Aircraft

Lilium's eVTOL battery packs are assembled in a factory at the company's headquarters

IADA Grows Global Footprint

The latest additions include an agreement with the African Business Aviation Association

Aircraft

Axis Building King Air 90GTx Flight Sim for INCAS

Company has finished flight testing campaign to gather data for simulator

Regulations and Government

Axis' King Air 90GTx used for flight sim data acquisition

HondaJet with Stormy Past To Hit the Market

After five years of inactivity, the HondaJet will return to the factory for maintenance

Aircraft

Honda et formerly owned by disgraced attorney Michael Avenatti

Vref: Preowned Bizjet Market in Adjustment Period

High interest rates, election insecurities, and global economy weigh on used business jet sales

Aircraft

Daher Ramping Up TBM, Kodiak Production

Company plans to deliver 60 TBMs and 25 Kodiaks this year

Aircraft

Argus: Business Aircraft Ops Continue Slide in March but April Improving

Globally, worldwide business aircraft operations were off YOY by 3.7 percent in March

Aircraft

Wilbur Air Will Operate Electra's eSTOL Aircraft in Australia

The operator is a spinoff from AAM infrastructure group Skyportz

Airlines

A digital rendering of a Wilbur Air Electra eSTOL aircraft

More In Aircraft

Lilium Kicks Off eVTOL Battery Pack Production

Assembly has begun in a factory at Lilium’s headquarters in Germany

IADA Grows Global Footprint

The latest additions include an agreement with the African Business Aviation Association

Axis Building King Air 90GTx Flight Sim for INCAS

Company has finished flight testing campaign to gather data for simulator

HondaJet with Stormy Past To Hit the Market

After five years of inactivity, the HondaJet will return to the factory for maintenance

Vref: Preowned Bizjet Market in Adjustment Period

High interest rates, election insecurities, and global economy weigh on used business jet sales

Daher Ramping Up TBM, Kodiak Production

Company plans to deliver 60 TBMs and 25 Kodiaks this year

Argus: Business Aircraft Ops Continue Slide in March but April Improving

Globally, worldwide business aircraft operations were off YOY by 3.7 percent in March

Wilbur Air Will Operate Electra's eSTOL Aircraft in Australia

The operator is a spinoff from AAM infrastructure group Skyportz

AIN Products

SUBSCRIPTIONS

RESOURCES

ABOUT AIN