Surf Air Mobility Announces New SurfOS Modules to Reduce Fuel Costs and Optimize Crew Reserves for Airline Operations

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, or the “Company”), a leading air mobility platform, today announced the release of two new modules within SurfOS^TM, the Company’s proprietary AI-enabled operating system for private aviation and air mobility: a fuel optimization module and a crew reserve optimization module. Both modules are live within the Company's scheduled airline operations and bring mainline airline operational discipline to the scheduled commuter and regional air travel segment.

Module 1: Fuel Optimization

SurfOS now reconciles fuel uplift against vendor invoicing and provides flight-level visibility into fuel performance and cost across routes, aircraft, and crews. This module tracks actual fuel burn against planned burn on every departure and surfaces anomalies in both consumption and billing.

What the fuel optimization module does:

• Reconciles fuel uplift records against vendor invoices to identify billing discrepancies and recover overcharges
• Monitors fuel burn by route, flight, aircraft tail, and crew, flagging deviations from plan
• Identifies crew-level fuel performance patterns to support coaching and training
• Integrates airport-level and regional fuel pricing to recommend optimal uplift, enables cost-aware dispatch, and brings greater transparency to vendor pricing and negotiations

Fuel consumption is one of the largest variable costs in scheduled airline operations. This module converts fuel management from a manual, exception-driven process into a systematic, data-driven one.

Module 2: Crew Reserve Optimization

SurfOS now automates reserve crew assignments for the Company’s airline operations, replacing a manual process that could result in overstaffing and coverage inefficiencies.

What the crew reserve module does:

• Calculates seasonal demand-adjusted and daily reserve requirements by base
• Surfaces gaps between scheduled and actual reserve availability, including reserves improperly positioned within assigned bases, to ensure published crew coverage meets operational requirements
• Tracks reserve utilization rates and flags chronic over- or under-coverage by base
• Reduces administrative workload for day-of reserve decisions

Sizing reserves to actual demand has a direct and measurable impact on airline operating cost structures.

Louis Saint-Cyr, President - Airlines, of Surf Air Mobility, said: “SurfOS is digitalizing our airline operations by consolidating fragmented data and manual processes into a single software operating system designed to improve our visibility, coordination, and control. As we introduce more capabilities into SurfOS, our Palantir-powered AI tools are increasingly moving from generating insights to recommending decisions.”

About Surf Air Mobility

Surf Air Mobility is a Los Angeles-based air mobility platform. With its AI-enabled SurfOS software and electrification programs, Surf Air Mobility provides technology designed to support the modernization of air operations and the adoption of next-generation aircraft. The Company currently operates one of the largest commuter airlines in the United States by scheduled departures, which provides operational scale and real-world operating data to validate and deploy its software. Together, these capabilities position Surf Air Mobility as a leader shaping a more efficient, connected, and accessible future for aviation.

Forward-Looking Statements

This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the functionality and timing fo the commercial release of SurfOS and Surf Air Mobility’s ability to achieve its business objectives. Readers of this release should be aware of the speculative nature of forward-looking statements. These statements are based on the beliefs of the Company’s management as well as assumptions made by and information currently available to the Company and reflect the Company’s current views concerning future events. As such, they are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: Surf Air Mobility’s ability to anticipate the future needs of the air mobility market; Surf Air Mobility’s future ability to pay contractual obligations and liquidity will depend on operating performance, cash flow and ability to secure adequate financing; the dependence on third-party partners and suppliers for the components and collaboration in Surf Air Mobility’s development of its advanced air mobility software platform, and any interruptions, disagreements or delays with those partners and suppliers; the inability to execute business objectives and growth strategies successfully or sustain Surf Air Mobility’s growth; the inability of Surf Air Mobility’s customers to pay for Surf Air Mobility’s services; the inability of Surf Air Mobility to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against Surf Air Mobility, the risks associated with Surf Air Mobility’s obligations to comply with applicable laws, government regulations and rules and standards of the New York Stock Exchange; and general economic conditions. These and other risks are discussed in detail in the periodic reports that the Company files with the SEC, and investors are urged to review those periodic reports and the Company’s other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov, before making an investment decision. The Company assumes no obligation to update its forward-looking statements except as required by law.