Electric propulsion innovator MagniX (Booth N61) is partnering with flight booking platform Surf Air Mobility (SAM) to convert Cessna Grand Caravan turboprop aircraft to hybrid-electric propulsion. Last week, SAM announced new alliances with MagniX and airframe modifications specialist and systems integrator AeroTec to develop a conversion package under a supplemental type certificate that Surf Air will own.
The deal is part of wider developments at SAM, which is looking to fund its ambitions through a $467 million initial public offering based on combining its business with special purpose acquisition company Tuscan Holdings. It is also acquiring U.S. regional airline Southern Airways, which operates a fleet of Grand Caravans that carried more than 300,000 passengers on routes connecting 39 cities in 2021. The operator is expected to expand the Surf Air network, which encompasses both scheduled services and on-demand charter flights.
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