Private flight provider Surf Air has signaled its intention to step up its expansion into the advanced air mobility sector by announcing a $200 million investment commitment from Luxembourg-based Global Emerging Markets Group (GEM)in its Surf Air Mobility division. The California-based group formed Surf Air Mobility in February 2020 when it acquired aviation marketplace BlackBird as part of a strategy to introduce zero-emission alternatives to existing turbine-powered private aircraft.
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