Surf Air Mobility reports Q2 revenue growth amid rising charter demand

Surf Air Mobility reported second-quarter 2026 revenue of $29.5 million, an 8% increase from the previous year and a 15% increase from the first quarter. The company’s private charter revenue saw significant growth, rising 101% year-over-year to $12.1 million, with departures increasing by 67%.

Despite revenue growth, the company recorded an adjusted EBITDA loss of approximately $10.4 million and a net loss of $28.1 million. Management attributed the losses to research and development investments for technology initiatives, stock-based compensation, and transaction costs. CEO Deanna White noted that the company met its guidance despite volatile fuel costs and weather disruptions in Hawaii.

A major development for the company was a multiyear enterprise software agreement for its aviation platform, SurfOS. Wheels Up will serve as the launch customer for Enterprise BrokerOS under an initial two-year contract that could generate up to $12 million over its term.