{"id":514908,"date":"2021-07-20T07:33:18","date_gmt":"2021-07-20T11:33:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/textron-aviation-announces-order-for-up-to-150-cessna-grand-caravan-ex-aircraft-to-aid-surf-air-mobility-in-accelerating-electrified-commercial-travel\/"},"modified":"2021-07-20T07:33:18","modified_gmt":"2021-07-20T11:33:18","slug":"textron-aviation-announces-order-for-up-to-150-cessna-grand-caravan-ex-aircraft-to-aid-surf-air-mobility-in-accelerating-electrified-commercial-travel","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/textron-aviation-announces-order-for-up-to-150-cessna-grand-caravan-ex-aircraft-to-aid-surf-air-mobility-in-accelerating-electrified-commercial-travel\/","title":{"rendered":"Textron Aviation announces order for up to 150 Cessna Grand Caravan EX aircraft to aid Surf Air Mobility in accelerating electrified commercial travel"},"content":{"rendered":"

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Textron Aviation announces order for up to 150 Cessna Grand Caravan EX aircraft to aid Surf Air Mobility in accelerating electrified commercial travel<\/b><\/p>\n

WICHITA, Kan.–(BUSINESS WIRE<\/a>)–Textron Aviation<\/a> today announcedSurf Air Mobility<\/a> Inc., has signed a purchase agreement for up to 150 Cessna Grand Caravan EX<\/a> single-engine turboprop aircraft, with an initial fleet order of 100 aircraft and an option for 50 more. The order, which is subject to Surf Air Mobility obtaining financing, is part of an exclusive relationship<\/a> between the two companies supporting Surf Air Mobility\u2019s development of electrified Cessna Grand Caravan aircraft, beginning with a hybrid electric Cessna Grand Caravan aircraft powered by Surf Air Mobility\u2019s proprietary powertrain technology.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210720005370\/en\/<\/a><\/p>\n

\"Textron<\/p>\n

Textron Aviation today announced Surf Air Mobility Inc., has signed a purchase agreement for up to 150 Cessna Grand Caravan EX single-engine turboprop aircraft, with an initial fleet order of 100 aircraft and an option for 50 more. (Photo: Business Wire)<\/p>\n<\/div>\n

\nThe Cessna Grand Caravan EX is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.\n<\/p>\n

\nTextron Aviation\u2019s initial deliveries of the Cessna Grand Caravan EX aircraft to Surf Air Mobility, a company accelerating the adoption of electric regional air travel, are expected to begin in Q2 2022. Surf Air anticipates that its hybrid electric system for the Grand Caravan, upon certification, will power a 9-seat variant of the iconic single-engine turboprop.\n<\/p>\n

\n\u201cHybrid electric propulsion technology, deployed at scale for environmental and commercial benefits, is an important part of the future of travel,\u201d said Ron Draper, President & CEO, Textron Aviation. \u201cThis relationship with Surf Air Mobility leverages the unique performance capabilities of the Cessna Grand Caravan in both passenger and cargo operations and continues to demonstrate the aircraft\u2019s adaptability for innovative missions and configurations.\u201d\n<\/p>\n

\nThe hybrid electric Cessna Grand Caravan aircraft is anticipated to be utilized by Surf Air Mobility across its own network, connecting more airports with short-haul direct service across the U.S. on a path to creating a regional mass transport platform to sustainably connect communities.\n<\/p>\n

\n\u201cThis is an opportunity to showcase the combined expertise and technologies of both Textron Aviation and Surf Air Mobility,\u201d said Rob Scholl, senior vice president, Textron eAviation. \u201cThe outstanding capabilities and versatility of the Grand Caravan make it an ideal aircraft to take advantage of this new technology.\u201d\n<\/p>\n

\n\u201cThe Cessna Grand Caravan EX is one of the most adaptable and prolific aircraft in flight today. Through this exclusive relationship with Textron Aviation, we\u2019re able to make electrified aircraft broadly available to existing and new operators, and bring the benefits of lower cost, lower emission air travel to customers faster and at scale,\u201d said Sudhin Shahani, Co-founder, CEO & Executive Chairman, Surf Air Mobility. \u201cWe believe electrifying the Cessna Grand Caravan is the most significant step that can be made toward reduced emission flying with the quickest path to market.\u201d\n<\/p>\n

\nThe transactions between Textron Aviation and Surf Air Mobility are subject to certain closing conditions, including the receipt of financing by Surf Air Mobility.\n<\/p>\n

About Textron Aviation<\/b><\/p>\n

\nWe inspire the journey of flight. For more than 90 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight.\n<\/p>\n

\nFor more information, visit www.txtav.com<\/a>| <\/b>www.defense.txtav.com<\/a>| <\/b>www.scorpionjet.com<\/a>.\n<\/p>\n

About Textron Inc. <\/b><\/p>\n

\nTextron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com<\/a><\/p>\n

About Surf Air Mobility <\/b><\/p>\n

\nSurf Air Mobility is a Los Angeles-based electric aviation and air travel company reinventing flying through the power of electrification. We are building the regional air infrastructure to sustainably connect the world\u2019s communities. The company has flown the world\u2019s largest hybrid electric aircraft, and intends to bring electrified aircraft to market at scale in order to substantially reduce the cost and environmental impact of flying. With a management team of experts with deep experience across aviation, electrification, and consumer technology, Surf Air Mobility is the parent company of Surf Air, Blackbird, and has entered into a definitive agreement to buy Ampaire. For more information, visit: https:\/\/surfairmobility.com<\/a>.\n<\/p>\n

\nCertain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, changes in aircraft delivery schedules or cancellations or deferrals of orders, the risk that Surf Air Mobility does not meet expected development timelines or realize the anticipated benefits of the new propulsion system (including operations and environmental benefits), the risk that Surf Air Mobility does not obtain FAA or other certification for the hybrid electric Cessna Grand Caravan, and risks related to market and customer acceptance of the electrified aircraft.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210720005370\/en\/<\/a><\/span><\/p>\n

Media: <\/b><\/p>\n

\nTextron Aviation
\n
Sarah White
\n
+1.316.517.1499
\n
swhite@txtav.com
\n<\/a>
txtav.com<\/a><\/p>\n

\nSurf Air Mobility
\n
Analisa Schelle
\n
510-292-5410
\n
press@surfair.com
\n<\/a>
surfairmobility.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Kansas<\/p>\n

INDUSTRY KEYWORDS:<\/b> Air Transport Aerospace Manufacturing<\/p>\n

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Textron Aviation today announced Surf Air Mobility Inc., has signed a purchase agreement for up to 150 Cessna Grand Caravan EX single-engine turboprop aircraft, with an initial fleet order of 100 aircraft and an option for 50 more. (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Textron Aviation announces order for up to 150 Cessna Grand Caravan EX aircraft to aid Surf Air Mobility in accelerating electrified commercial travel WICHITA, Kan.–(BUSINESS WIRE)–Textron Aviation today announcedSurf Air Mobility Inc., has signed a purchase agreement for up to 150 Cessna Grand Caravan EX single-engine turboprop aircraft, with an initial fleet order of 100 aircraft and an option for 50 more. The order, which is subject to Surf Air Mobility obtaining financing, is part of an exclusive relationship between the two companies supporting Surf Air Mobility\u2019s development of electrified Cessna Grand Caravan aircraft, beginning with a hybrid electric Cessna Grand Caravan aircraft powered by Surf Air Mobility\u2019s proprietary powertrain technology. This press release features multimedia. View the full release … <\/p>\n

Continue reading “Textron Aviation announces order for up to 150 Cessna Grand Caravan EX aircraft to aid Surf Air Mobility in accelerating electrified commercial travel”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-514908","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTextron Aviation announces order for up to 150 Cessna Grand Caravan EX aircraft to aid Surf Air Mobility in accelerating electrified commercial travel - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/textron-aviation-announces-order-for-up-to-150-cessna-grand-caravan-ex-aircraft-to-aid-surf-air-mobility-in-accelerating-electrified-commercial-travel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Textron Aviation announces order for up to 150 Cessna Grand Caravan EX aircraft to aid Surf Air Mobility in accelerating electrified commercial travel - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Textron Aviation announces order for up to 150 Cessna Grand Caravan EX aircraft to aid Surf Air Mobility in accelerating electrified commercial travel WICHITA, Kan.–(BUSINESS WIRE)–Textron Aviation today announcedSurf Air Mobility Inc., has signed a purchase agreement for up to 150 Cessna Grand Caravan EX single-engine turboprop aircraft, with an initial fleet order of 100 aircraft and an option for 50 more. 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The order, which is subject to Surf Air Mobility obtaining financing, is part of an exclusive relationship between the two companies supporting Surf Air Mobility\u2019s development of electrified Cessna Grand Caravan aircraft, beginning with a hybrid electric Cessna Grand Caravan aircraft powered by Surf Air Mobility\u2019s proprietary powertrain technology. This press release features multimedia. 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