Membership-based Surf Air gets FAA clearance, $7 million venture funding
Startup business traveler focused service like Blackjet, Arrow and now Surf Air are trying to reinvent the private flying model, competing on pricing+ convenience with commercial business and first class travel, minus he big airport hassels.
Excerpt from WSJ
A new airline, Surf Air, offers “all you can fly” subscriptions for under $2,000 per month, rather than charging by the trip…it just attained the last of the approvals…from FAA to begin flying its first route between Burbank and San Carlos, CA – linking Hollywood and Silicon Valley, starting June 12.
It also attained $7 million in Series B funding…led by Base Ventures and Velos Partners, joined by its earlier backers, New Enterprise Associates and Anthem Venture Partners. The company has raised a total of $11 million in venture capital to date.