Aircraft
Surf Air Mobility Acquiring Electric Aviation Pioneer Ampaire
The company will offer its hybrid-electric retrofits to operators of existing aircraft such as the Twin Otter and Grand Caravan, as well as for new models.
Under the new ownership of Surf Air Mobility, Ampaire will offer hybrid-electric propulsion retrofits based on the technology it has demonstrated on this converted Cessna 337 aircraft. (Photo: Ampaire)
Under the new ownership of Surf Air Mobility, Ampaire will offer hybrid-electric propulsion retrofits based on the technology it has demonstrated on this converted Cessna 337 aircraft. (Photo: Ampaire)

Surf Air Mobility is acquiring hybrid electric aviation pioneer Ampaire in a deal worth more than $100 million. The private air travel company aims to have hybrid aircraft available by 2024 for customers booking its scheduled and on-demand services.

All Ampaire employees will be joining Surf Air Mobility and its co-founder, Kevin Noertker, will be president of a new division called AMP. Both companies are based in Los Angeles.