Aircraft
Surf Air Mobility Lands $200M IPO-linked Funding Boost
Surf Air Mobility, which aims to accelerate zero-emission flight, today announced a $200 million investment commitment from Global Emerging Markets Group.

Surf Air Mobility, which was formed alongside Surf Air’s acquisition of aviation marketplace BlackBird earlier this year with the aim to accelerate zero-emission flight, today announced a $200 million investment commitment from Luxembourg-based Global Emerging Markets Group (GEM) to take the company public. The $200 million commitment comes with an advance of $50 million, immediately available on the first day of trading; further tranches can then be drawn at the company’s option over a three-year period.