Le Lézard
Classified in: Transportation
Subject: Product/Service

Surf Air Mobility and Williamsport, Pennsylvania, Officially Begin Subsidized Commuter Air Service Between Williamsport Regional Airport (IPT) and Washington Dulles International Airport (IAD)

Surf Air Mobility Inc. (NYSE: SRFM) ("Surf Air"), a leading regional air mobility platform, through its subsidiary airline, Southern Airways ("Southern"), officially began Williamsport's only scheduled commuter service on Thursday, May 23, 2024 with a flight between Williamsport Regional Airport (IPT) and Washington Dulles International Airport (IAD). Via Washington Dulles, passengers can connect to hundreds of worldwide destinations including Orlando, Los Angeles, London, and Tokyo through commercial airline partners.

To mark the launch of the area's only commercial flights, Southern Airways announces a fare sale, with fares starting at $99* one-way. The flights are now open to the general public and can be booked through iFlySouthern.com as well as from our partner airlines at United.com, aa.com, and AlaskaAir.com.

The goal of this program is to provide Williamsport and surrounding Lycoming County with easier, faster, and more affordable connections through the convenient Williamsport Regional Airport. With consistent daily service from this underutilized regional airport adjacent to the city's center, travelers traveling to or from the greater D.C. area can now skip the multi-hour drive and fly directly to or from Williamsport Regional Airport on one of ten weekly flights.

"We are excited to welcome Southern Airways to our region," said Scott Metzger, Lycoming County Commissioner. "The hundreds of businesses in our community will see immediate benefits in reduction of travel time to other airports. We look forward to their service of a ten county region including eight universities. They have placed their faith in our region with flights to an excellent hub in Dulles. It is now our responsibility to support, utilize and promote to make this partnership a long and sustainable success."

"Welcome to Williamsport, Southern Airways," said Richard C. Howell, A.A.E., Executive Director Williamsport Municipal Airport Authority/Williamsport Regional Airport. "We've brought frequent air service back to our community, and we're thrilled to welcome more passengers to our brand-new terminal."

At Washington Dulles, Southern uses the convenient H gates, allowing local passengers to avoid the airport's mobile bus and train with a simple walk to ground transportation.

The agreement with Williamsport establishes a funding stream from the use of locally acquired grants coupled with community donations to mitigate risk to Surf Air.

"Having the support of the community made this launch possible, and we're excited and honored to help connect Williamsport with the broader aviation infrastructure," said Deanna White, Interim CEO and COO of Surf Air Mobility.

The flights are operated by Southern Airways Express, the airline subsidiary of Surf Air Mobility.

Schedules are timed for both local passengers to and from Washington, DC, as well as connections beyond.

Schedule effective 5/23/2024. All schedules are subject to change:

Williamsport to Washington (IAD)
10:20 am - 11:50 am (Tuesday/Wednesday/Thursday)
2:40 pm - 4:10 pm (Saturday)
7:20 pm - 8:50 pm (Daily except Saturday)

Washington (IAD) to Williamsport
8:25 am - 9:59 am (Tuesday/Wednesday/Thursday)
12:40 pm - 2:14 pm (Saturday)
5:20 pm - 6:54pm (Daily except Saturday)

*Fare rules Advance Purchase: 21 Days Book by: 6/15/24 Travel Complete: August 21, 2024

Terms and conditions: Seats are limited and may not be available on all flights or all days. One free checked bag up to 50lbs permitted. Additional checked baggage fees and oversize/overweight fees may apply. Review our Contract of Carriage for more details to learn more. These fares are nonrefundable and are only available on flights marketed by Southern Airways Express for Southern Airways Express. Changes are not permitted. Fares include U.S. government taxes and fees. All fares are in U.S. dollars and are subject to change without notice, and other restrictions apply.

About Surf Air Mobility

Surf Air Mobility is a Los Angeles-based regional air mobility platform expanding the category of regional air travel to reinvent flying through the power of electrification. In an effort to substantially reduce the cost and environmental impact of flying, and as the operator of the largest commuter airline in the US, Surf Air Mobility intends to develop powertrain technology with its commercial partners to electrify existing fleets and bring electrified aircraft to market at scale. The management team has deep experience and expertise across aviation, electrification, and consumer technology.

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 anticipated benefits of the transaction; Surf Air Mobility's ability to anticipate the future needs of the air mobility market; Surf Air Mobility's future growth strategy and growth rate and its ability to access its financings and grow its fleet. 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 future ability to pay contractual obligations and liquidity will depend on operating performance, cash flow and ability to secure adequate financing; the inability to maintain and strengthen the Surf Air, Southern and Mokulele brands and their reputations as regional airlines; the inability to accurately forecast demand for products and manage product inventory in an effective and efficient manner; 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, Southern or Surf Air Mobility; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in the prospectus. 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.

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