Monday, December 28, 2015

Surf Air: 2500 Members, 80 Daily Flights

Los Angeles-based Surf Air says it has now reached a total of 2,500 members at the subscription airline, double the number of members it had last year. The startup also said it now has a total of 80 daily flights between its 12 California destinations. Surf Air charges $1,750 per month for its most basic subscription, although it is planning to increase its subscription cost on January 1st. The details came from an email to prospective customers from CEO Jeff Potter. The numbers suggest the company has an annual run rate north of $52M. Surf Air's service allows its members to fly unlimited flights between such common destinations as Los Angeles, San Diego, and Silicon Valley; the company has been catering to executives who frequently commute between California's high tech centers.