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    Louis Saint-Cyr to Become President of Hawai'i Operations for Surf Air Mobility

    7/2/24 8:30:00 AM ET
    $SRFM
    Transportation Services
    Consumer Discretionary
    Get the next $SRFM alert in real time by email

    Saint-Cyr will oversee air operations for Mokulele Airlines, the Hawai'i-based subsidiary of Surf Air Mobility

    Surf Air Mobility Inc. (NYSE:SRFM) ("Surf Air Mobility","Surf Air","the company"), a leading regional air mobility platform, announced today the appointment of Louis Saint-Cyr, an experienced senior leader in airline operations, to the position of President of Hawai'i Operations.

    As President of Hawaii Operations, Mr. Saint-Cyr will oversee the entirety of Surf Air Mobility's travel brand, Mokulele Airlines ("Mokulele"), including the air operations, safety and compliance, airport management, guest experience, state and local government relations, and community engagement.

    Mr. Saint-Cyr joined Surf Air having previously served in operations and guest experience roles at Hawaiian Airlines, Air Canada, and, most recently, WestJet. He will be relocating to Hawai'i.

    Mokulele is Surf Air's largest operational region by passengers flown and is the largest inter-island commuter airline in Hawai'i. With an average of 112 departures per day, Mokulele's air service currently connects 5 islands between 9 destinations on 10 routes.

    "With more than eleven years at Hawaiian Airlines, Louis knows what it takes to run a successful airline within the unique needs and opportunities of the Hawai'i market," said Deanna White, Interim CEO and COO of Surf Air Mobility. "He's already proven himself incredibly effective as our Deputy Head of Airline Operations, and I look forward to seeing his success in his new role overseeing the entirety of Mokulele Airlines."

    "Mokulele is an incredibly important service and I'm excited to be returning to Hawai'i," said Mr. Saint-Cyr. "We know that the communities and passengers we serve across the islands rely on our flights for everything from their daily commute to work, to shopping and medical appointments, to getting away on vacations, and we take the responsibility of serving them very seriously. Moreover, our interline partners Hawaiian, Alaska, United, and American depend on us to reliably connect their passengers through to the parts of Hawai'i not accessible by the larger commercial airports and I look forward to working with them to deliver excellent service to our passengers."

    Mr. Saint-Cyr will report to Jim Sullivan, the newly appointed President of Air Mobility recently announced in June.

    About Surf Air Mobility

    Surf Air Mobility is a Los Angeles-based regional air mobility platform expanding the category of regional air travel to transform flying through the power of electrification. In an effort to substantially reduce the cost and environmental impact of flying and as the owner of the largest commuter airline in the U.S., 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 Surf Air Mobility's ability to anticipate the future needs of the air mobility market. Readers of this release should be aware of the speculative nature of forward-looking statements. These statements are based on the beliefs of Surf Air Mobility's management as well as assumptions made by and information currently available to Surf Air Mobility and reflect Surf Air Mobility'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: 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; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment. These and other risks are discussed in detail in the periodic reports that Surf Air Mobility files with the SEC, and investors are urged to review those periodic reports and Surf Air Mobility's other filings with the SEC, which are accessible on the SEC's website at www.sec.gov, before making an investment decision. Surf Air Mobility assumes no obligation to update its forward-looking statements except as required by law.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20240702862096/en/

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