Surf Air Mobility and Textron Aviation Enter Into Exclusive Relationship to Electrify the Cessna Grand Caravan
Textron Inc. (TXT)
Last textron inc. earnings: 4/30 06:30 am
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Source: Business Wire
Collaboration accelerates the path to hybrid electric commercial air travel LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc., a company accelerating the adoption of electric regional air travel, today announced an exclusive relationship with Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, supporting Surf Air Mobility’s development of electrified Cessna Grand Caravan aircraft, beginning with a hybrid electric Cessna Grand Caravan aircraft, targeted to be available in 2024. Surf Air Mobility has agreed to purchase up to 150 Cessna Grand Caravan EX single-engine turboprops, with an initial fleet order of 100 aircraft and an option for 50 more. The aircraft will be upgraded to Surf Air Mobility’s proprietary hybrid electric powertrain technology as a 9-seat variant of the iconic single-engine turboprop.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210720005381/en/Rendering of the Surf Air Mobility electrified
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TXT
Earnings
- 1/24/24 - Beat
TXT
Sec Filings
- 4/5/24 - Form 4
- 3/8/24 - Form ARS
- 3/7/24 - Form DEFA14A
- TXT's page on the SEC website