Surf Air to go public in $1.4 billion SPAC deal
California-based Surf Air is going public as part of a three-way deal. It will merge with special purpose acquisition firm Tuscan Holdings Corp II and Southern Airways.
The deal is worth about $1.42 billion. It is expected to close in the second half of this year. The combined business expects to bring in about $100 million revenue annually
Surf Air will take ownership of Southern Airways ‘ 40 Cessna Grand Caravan turboprop planes.
Read Full Story
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Qatar Airways offers flexible payment options for European travellers
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Skyscanner reveals major travel trends 2026 at ITB Asia
In Italy, the Meloni government congratulates itself for its tourism achievements