Surf Air Mobility Inc. has entered into a memorandum of understanding with Asta Linhas Aéreas (?Asta?), a Brazil-based regional air operator specializing in tourist, corporate, and cargo charter service, to upgrade, initially, up to 4 of Asta?s Cessna Grand Caravan aircraft with Surf Air?s proprietary electrified powertrain technology once certified. Surf Air is developing Supplemental Type Certifications for both hybrid and fully-electric variants of the Cessna Grand Caravan. With target reductions of up to 50% direct operating costs and 100% in carbon emissions for the fully-electric powertrain, Surf Air believes the impact for other air operators around the world will be profound as the cost and environmental impact of flying is significantly reduced.

Surf Air recently announced similar electrified powertrain MOUs with other large Cessna Caravan air operators including Azul Conecta in Brazil, and Safarilink, Yellow Wings, Z.Boskovic, and Auric Air in East Africa.