Surf Air touts cost savings and fleet reductions
The regional start-up carrier says it has ‘right-sized’ its fleet, without disclosing details.
Surf Air Mobility says it has cut labour and operating costs and further optimised its fleet as it works to reach profitability.
The start-up commuter carrier says its “SurfOS” software platform has reduced fuel burn per block hour by 9% and improved labour productivity per block hour by 15% in 2026 so far.
Surf also “right-sized” its fleet, including “realigning its financing” in order to “efficiently support a transformed airline”. The company did not give any details on the fleet adjustments in its update.
In September, Surf won an Essential Air Service (EAS) contract from the US Department of Transportation to serve Lanai airport from Honolulu with its Mokulele subsidiary. The deal involves $19.4 million in subsidies through August 2030. It doubles the contract’s previous value.
“We’ve built a leaner, more reliable airline by investing in technology, operations and the customer experience,” says Surf Air president of airline operations Louis Saint-Cyr.
Going forward, Los Angeles-based Surf’s priorities include growing the profitability of its Hawaii and mainland networks and “building on the positive adjusted EBITDA” that its airline operations achieved in 2025.
Surf also plans to deploy passenger and cargo service using electric aircraft made by Beta Technologies, once certified.
In August, Surf forecast an improved full-year adjusted loss between $30 million and $25 million before interest, taxes, depreciation and amortisation (EBITDA) and revenue between $128 million and $138 million.
Surf added two additional Cessna Caravans in the second quarter as part of its fleet renewal.
“We believe the company is in a place for us to pursue revenue growth and profitability at the same time,” chief executive Deanna White said at the time.
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