Previous view (50M)-(40M). This improvement reflects the impact of the Company’s proprietary SurfOSTM software across its operations and the reduced cost and speed of its deployment. The improvements to Surf Air Mobility’s (SRFM) 2026 Adjusted EBITDA guidance are driven by four factors: SurfOS digitalizing core airline and charter workflows, reducing costs by 6% and 15%, respectively; Corporate automation and procurement discipline, 32% reduction in staffing need, 17% in professional services; Increased profitable charter revenue through the capital-efficient Powered by Surf On Demand program; Reduced SurfOS development costs and accelerating deployment via AI and Palantir’s platform. Deanna White, CEO said: “SurfOS and our work with Palantir is driving measurable efficiency and cost savings. Improving our 2026 Adjusted EBITDA guidance by approximately 40% while maintaining our 2026 revenue growth guidance reflects our expectation that we can lower the cost to deploy SurfOS and accelerate the software’s optimization capabilities within our business.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SRFM:
- Surf Air, Cytokinetics, ASE, Itau, Clene Insider Shake-Up
- Surf Air Mobility completes implementation of safety management system
- Surf Air Mobility’s Earnings Call Highlights High-Stakes Pivot
- Surf Air Mobility files to sell 6.13M shares of common stock for holders
- Surf Air Mobility: Pivot to Asset-Light Platform Model and High-Margin Growth Justifies Buy Rating
