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Update from company
$Surf Air Mobility (SRFM.US)$ LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) ("the Company","Surf Air"), a leading regional air mobility platform, announced last week its four-phase Transformation Plan and a $50 million term loan that positions the Company to achieve profitability in its airline operations.
Today, the Company is announcing that it has posted details about its Transformation Plan and a new investor presentation on the Events & Presentations page of the Company's investor website here.
Deanna White, Interim CEO & COO of Surf Air Mobility, said: "We are excited to introduce our four-phase Transformation Plan, which we're confident positions us on a path to profitability. Securing the $50 million term loan completes the first phase of our Transformation Plan, and we are now entering the Optimization phase. As a result of our optimization initiatives, we expect our airline operations to be profitable in 2025."
Today, the Company is announcing that it has posted details about its Transformation Plan and a new investor presentation on the Events & Presentations page of the Company's investor website here.
Deanna White, Interim CEO & COO of Surf Air Mobility, said: "We are excited to introduce our four-phase Transformation Plan, which we're confident positions us on a path to profitability. Securing the $50 million term loan completes the first phase of our Transformation Plan, and we are now entering the Optimization phase. As a result of our optimization initiatives, we expect our airline operations to be profitable in 2025."
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FO Conditioning : hello, if you don't mind, do you know how the short works for some stock tickers that don't seem to have any way to short it in moomoo, because I saw a lot of squeeze patterns happening in some of the stocks you mentioned
Trytosaveabit OP FO Conditioning : It is shortable on lots of other brokers!
FO Conditioning Trytosaveabit OP : ahh I see, thanks!
Trytosaveabit OP FO Conditioning : You’re welcome