← Surf Air Mobility overview

Surf Air Mobility vs ANA: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Surf Air Mobility Inc. (SRFM)

Q3 2026
▲3

SurfOS software deals and airline cost cuts drive SRFM higher

  • SurfOS software becomes a real business SRFM signed its first big SurfOS contract (Wheels Up, up to $12M), then launched OperatorOS commercially with Sprintbach and added a fourth operator, Clipper. Each deal brings recurring software revenue and shows the AI product is selling, which supports a higher value for the company.

    This is the core new growth story that explains why investors are paying attention to SRFM.

  • Airline operations get cheaper and win a bigger contract SRFM reported a 6% cut in direct operating cost per flight hour and 15% better labor productivity from using SurfOS in its own airlines. It also won a four-year, $19.4 million government subsidy contract for Lanaʻi service through 2030, giving steadier revenue.

    Shows the software is already improving the core airline's finances and locks in long-term revenue.

  • Leadership and FAA ties boost credibility SRFM hired a Palantir veteran to run SurfOS sales and joined the FAA's SMART airspace program as a partner. Both moves add expertise and government connections, making the software and electric-aircraft plans look more credible to investors.

    These are new steps that strengthen SRFM's ability to sell software and shape future regulation.

August 2026
▲3

SurfOS software deals and airline cost cuts drive SRFM higher

  • SurfOS software becomes a real business SRFM signed its first big SurfOS contract (Wheels Up, up to $12M), then launched OperatorOS commercially with Sprintbach and added a fourth operator, Clipper. Each deal brings recurring software revenue and shows the AI product is selling, which supports a higher value for the company.

    This is the core new growth story that explains why investors are paying attention to SRFM.

  • Airline operations get cheaper and win a bigger contract SRFM reported a 6% cut in direct operating cost per flight hour and 15% better labor productivity from using SurfOS in its own airlines. It also won a four-year, $19.4 million government subsidy contract for Lanaʻi service through 2030, giving steadier revenue.

    Shows the software is already improving the core airline's finances and locks in long-term revenue.

  • Leadership and FAA ties boost credibility SRFM hired a Palantir veteran to run SurfOS sales and joined the FAA's SMART airspace program as a partner. Both moves add expertise and government connections, making the software and electric-aircraft plans look more credible to investors.

    These are new steps that strengthen SRFM's ability to sell software and shape future regulation.

Latest
▲3

SurfOS software deals and airline cost cuts drive SRFM higher

  • SurfOS software becomes a real business SRFM signed its first big SurfOS contract (Wheels Up, up to $12M), then launched OperatorOS commercially with Sprintbach and added a fourth operator, Clipper. Each deal brings recurring software revenue and shows the AI product is selling, which supports a higher value for the company.

    This is the core new growth story that explains why investors are paying attention to SRFM.

  • Airline operations get cheaper and win a bigger contract SRFM reported a 6% cut in direct operating cost per flight hour and 15% better labor productivity from using SurfOS in its own airlines. It also won a four-year, $19.4 million government subsidy contract for Lanaʻi service through 2030, giving steadier revenue.

    Shows the software is already improving the core airline's finances and locks in long-term revenue.

  • Leadership and FAA ties boost credibility SRFM hired a Palantir veteran to run SurfOS sales and joined the FAA's SMART airspace program as a partner. Both moves add expertise and government connections, making the software and electric-aircraft plans look more credible to investors.

    These are new steps that strengthen SRFM's ability to sell software and shape future regulation.

Q2 2026
▲3

Surf Air's AI Software Deals and Electric Aircraft Tests Drive Growth Hopes

  • Wheels Up signs as first big customer for BrokerOS Surf Air named Wheels Up as the launch customer for its Enterprise BrokerOS software, a two-year deal expected to bring up to $12 million in subscription fees. This shows real demand for Surf Air's software and could add steady revenue, pushing the stock up.

    This is a concrete new contract that validates the software business and adds potential revenue.

  • Electric aircraft demo in Hawaii with BETA and Hawaiian Airlines Surf Air, BETA, and Hawaiian Airlines started a six-to-eight-week electric aircraft test in Hawaii. Surf Air plans to use BETA planes for cargo and passenger flights after certification. This moves its electric aviation plans forward, boosting investor optimism.

    It shows progress in Surf Air's electric aircraft strategy, a key part of its long-term growth story.

  • Palantir expands partnership to commercialize SurfOS software Palantir expanded its deal with Surf Air to help sell Surf Air's aviation software (OperatorOS, OwnerOS, SurfOS Enterprise) with dedicated sales resources. This could speed up software revenue growth and strengthen Surf Air's market position.

    It highlights a major partner's commitment to scaling Surf Air's software products, which could drive future revenue.

June 2026
▲3

Surf Air's AI Software Deals and Electric Aircraft Tests Drive Growth Hopes

  • Wheels Up signs as first big customer for BrokerOS Surf Air named Wheels Up as the launch customer for its Enterprise BrokerOS software, a two-year deal expected to bring up to $12 million in subscription fees. This shows real demand for Surf Air's software and could add steady revenue, pushing the stock up.

    This is a concrete new contract that validates the software business and adds potential revenue.

  • Electric aircraft demo in Hawaii with BETA and Hawaiian Airlines Surf Air, BETA, and Hawaiian Airlines started a six-to-eight-week electric aircraft test in Hawaii. Surf Air plans to use BETA planes for cargo and passenger flights after certification. This moves its electric aviation plans forward, boosting investor optimism.

    It shows progress in Surf Air's electric aircraft strategy, a key part of its long-term growth story.

  • Palantir expands partnership to commercialize SurfOS software Palantir expanded its deal with Surf Air to help sell Surf Air's aviation software (OperatorOS, OwnerOS, SurfOS Enterprise) with dedicated sales resources. This could speed up software revenue growth and strengthen Surf Air's market position.

    It highlights a major partner's commitment to scaling Surf Air's software products, which could drive future revenue.

▲3

Surf Air's AI Software Deals and Electric Aircraft Tests Drive Growth Hopes

  • Wheels Up signs as first big customer for BrokerOS Surf Air named Wheels Up as the launch customer for its Enterprise BrokerOS software, a two-year deal expected to bring up to $12 million in subscription fees. This shows real demand for Surf Air's software and could add steady revenue, pushing the stock up.

    This is a concrete new contract that validates the software business and adds potential revenue.

  • Electric aircraft demo in Hawaii with BETA and Hawaiian Airlines Surf Air, BETA, and Hawaiian Airlines started a six-to-eight-week electric aircraft test in Hawaii. Surf Air plans to use BETA planes for cargo and passenger flights after certification. This moves its electric aviation plans forward, boosting investor optimism.

    It shows progress in Surf Air's electric aircraft strategy, a key part of its long-term growth story.

  • Palantir expands partnership to commercialize SurfOS software Palantir expanded its deal with Surf Air to help sell Surf Air's aviation software (OperatorOS, OwnerOS, SurfOS Enterprise) with dedicated sales resources. This could speed up software revenue growth and strengthen Surf Air's market position.

    It highlights a major partner's commitment to scaling Surf Air's software products, which could drive future revenue.

ANA Holdings Inc. (9202.JP)

Q3 2026
▼2▲1

ANA's profit squeezed by fuel costs; schedule pact and safety probe shape outlook

  • Fuel costs crush quarterly profit despite record revenue ANA's April–June revenue hit a record 672.7 billion yen, up 22.6%, but operating profit fell 43.5% to 20.7 billion yen as fuel costs and taxes jumped 86.9 billion yen. The full-year forecast and a dividend cut to 60 yen were kept unchanged, so the profit squeeze is the main drag on the shares.

    This is the period's core earnings event and the biggest force pushing 9202.JP down.

  • Fuel surcharges falling as jet fuel prices ease ANA and JAL will cut international fuel surcharges to about 50,000–55,000 yen for September–October tickets, down from a record 65,000 yen, because jet fuel prices have fallen. Lower surcharges trim revenue per ticket, but cheaper fuel eases the cost pressure that crushed profits, so the net effect is mixed.

    It shows the fuel-cost swing working in both directions on ANA's revenue and margins.

  • First-ever schedule coordination with JAL on domestic routes ANA and rival JAL will coordinate Haneda–Okayama departure times from late October, avoiding overlaps to lift load factors on money-losing domestic routes. Regulators signalled this does not break antitrust rules, opening the door to similar cooperation elsewhere and improving domestic profitability.

    It is a new structural change that could improve ANA's weakest business, domestic routes.

  • Naha emergency evacuation classified a serious incident An ANA Boeing 737-800 turned back to Naha with engine trouble and passengers evacuated by slide; three people had minor injuries. Regulators classified it a serious incident and are investigating. Such events can bring scrutiny, repair costs and reputational risk, weighing on sentiment even if operations continue normally.

    It is the period's newest safety event and a fresh risk to ANA's reputation and regulatory standing.

August 2026
▼2▲1

ANA's profit squeezed by fuel costs; schedule pact and safety probe shape outlook

  • Fuel costs crush quarterly profit despite record revenue ANA's April–June revenue hit a record 672.7 billion yen, up 22.6%, but operating profit fell 43.5% to 20.7 billion yen as fuel costs and taxes jumped 86.9 billion yen. The full-year forecast and a dividend cut to 60 yen were kept unchanged, so the profit squeeze is the main drag on the shares.

    This is the period's core earnings event and the biggest force pushing 9202.JP down.

  • Fuel surcharges falling as jet fuel prices ease ANA and JAL will cut international fuel surcharges to about 50,000–55,000 yen for September–October tickets, down from a record 65,000 yen, because jet fuel prices have fallen. Lower surcharges trim revenue per ticket, but cheaper fuel eases the cost pressure that crushed profits, so the net effect is mixed.

    It shows the fuel-cost swing working in both directions on ANA's revenue and margins.

  • First-ever schedule coordination with JAL on domestic routes ANA and rival JAL will coordinate Haneda–Okayama departure times from late October, avoiding overlaps to lift load factors on money-losing domestic routes. Regulators signalled this does not break antitrust rules, opening the door to similar cooperation elsewhere and improving domestic profitability.

    It is a new structural change that could improve ANA's weakest business, domestic routes.

  • Naha emergency evacuation classified a serious incident An ANA Boeing 737-800 turned back to Naha with engine trouble and passengers evacuated by slide; three people had minor injuries. Regulators classified it a serious incident and are investigating. Such events can bring scrutiny, repair costs and reputational risk, weighing on sentiment even if operations continue normally.

    It is the period's newest safety event and a fresh risk to ANA's reputation and regulatory standing.

Latest
▼2▲1

ANA's profit squeezed by fuel costs; schedule pact and safety probe shape outlook

  • Fuel costs crush quarterly profit despite record revenue ANA's April–June revenue hit a record 672.7 billion yen, up 22.6%, but operating profit fell 43.5% to 20.7 billion yen as fuel costs and taxes jumped 86.9 billion yen. The full-year forecast and a dividend cut to 60 yen were kept unchanged, so the profit squeeze is the main drag on the shares.

    This is the period's core earnings event and the biggest force pushing 9202.JP down.

  • Fuel surcharges falling as jet fuel prices ease ANA and JAL will cut international fuel surcharges to about 50,000–55,000 yen for September–October tickets, down from a record 65,000 yen, because jet fuel prices have fallen. Lower surcharges trim revenue per ticket, but cheaper fuel eases the cost pressure that crushed profits, so the net effect is mixed.

    It shows the fuel-cost swing working in both directions on ANA's revenue and margins.

  • First-ever schedule coordination with JAL on domestic routes ANA and rival JAL will coordinate Haneda–Okayama departure times from late October, avoiding overlaps to lift load factors on money-losing domestic routes. Regulators signalled this does not break antitrust rules, opening the door to similar cooperation elsewhere and improving domestic profitability.

    It is a new structural change that could improve ANA's weakest business, domestic routes.

  • Naha emergency evacuation classified a serious incident An ANA Boeing 737-800 turned back to Naha with engine trouble and passengers evacuated by slide; three people had minor injuries. Regulators classified it a serious incident and are investigating. Such events can bring scrutiny, repair costs and reputational risk, weighing on sentiment even if operations continue normally.

    It is the period's newest safety event and a fresh risk to ANA's reputation and regulatory standing.