FutureFlight
Flight Marketplace Surf Air Mobility Set to Acquire Electric Aviation Pioneer Ampaire
Surf Air Mobility wants to offer more environmentally sustainable hybrid-electric aircraft through its platform for booking scheduled and on-demand trips.
Ampaire Electric EEL
Ampaire has been testing its hybrid-electric propulsion system on its Electric EEL demonstrator based on a Cessna 337 aircraft. (Photo: Ampaire)

Surf Air Mobility has agreed to acquire 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 founder Kevin Noertker will be president of a new division called AMP. Both companies are based in Los Angeles.