Sponsored by Sica Media and Disseminated on Behalf of Surf Air Mobility, Inc*

Markets took a hit yesterday, but zoom out and the trend is very much alive. Things usually heat up in November, so I’m watching a small aviation play that could surprise people. It has ties to Palantir and momentum building behind the scenes. Here’s the scoop.

TODAY’S TOP ALERT! 

Surf Air Mobility (NYSE: SRFM)

👉  SRFM is TODAY’S #1 ALERT 👈

Hey folks, Jeff Bishop here,

Yesterday was a rough one for the markets — and not just the stock markets.

This post on X put it best: 

Sarcasm aside, it’s important to keep things in perspective. Zoom out to the 1-month and 6-month charts for the major indexes, and you’ll see the uptrend is firmly intact.

As I pointed out this week, November is historically the best month for the S&P 500, and the “Santa Rally” typically begins the week before Thanksgiving, contrary to popular belief.

In hindsight, this may represent a nice buying opportunity before a potential runup into the new year. 

There are a lot of stocks sitting at more attractive price levels, and the one I’m focused on today is one of my favorite small stocks,💥Surf Air Mobility Inc. (SRFM).

I alerted this stock on September 5, and from there through its high in mid-October, the stock climbed 53%.

I alerted it again on October 14, and by the next trading day, it hit a 14% peak gain.

SRFM has pulled back significantly from there, including a nearly 11% pullback yesterday.

The company has a major connection with Palantir, and I think that stock’s hit yesterday may have caused the collateral damage.

SRFM is now at a very attractive price level — the same one it used as a launchpad in early July before a massive runup.

I’m watching it today to see if we get a “bottom-bounce” from here.

💥I recommend to keep SRFM at the top of your radar!

👉  SRFM is TODAY’S #1 ALERT 👈

SRFM is a pioneer in air mobility and is one of the largest commuter airlines in the U.S. by scheduled departures, flying ~320,000 passengers on 64,000 flights over 12 months ending June 30.

SRFM has already built a proven model with three diverse sources of revenue:

1. Government contracted flights through the Essential Air Service program, which provide steady recurring revenue serving small communities
   

2. Scheduled air service that runs like a traditional airline with set routes and times to regional airports
   

3. On demand charter flights, where passengers can book directly through the website, choose their route and plane, and see pricing instantly

Over the past few years, this three-part model has shown investors that the business is not just experimental, it is already established in the aviation market.

The Software Edge: Surf Air Mobility 🤝 Palantir 

Here’s what really stands out to me: Palantir (PLTR), which is one of the best-performing stocks in the S&P 500 this year, is SRFM’s largest outside shareholder.

As noted in PLTR’s latest filings, SRFM is one of only a small handful of companies PLTR is invested in.

Surf Air Mobility has been developing SurfOS™, an AI-enabled software platform powered by Palantir’s Foundry and AI systems. It went live to beta users in March. 

Think of it as the operating system for advanced air mobility, designed to make booking, scheduling, and managing regional flights more efficient.

You can read all about it here.

On top of that, just last month, SRFM announced the appointment of Shawn Pelsinger to its board of directors.

Mr. Pelsinger was the Global Head of Corporate Development & Senior Counsel of Palantir for 10 years ending in April 2025. 

He “played a key role in establishing the strategic relationship between Surf Air Mobility and Palantir in 2021” and “continued to be responsible for the Palantir relationship with Surf Air Mobility until April 2025, when he left Palantir.”

He’s also still a member of the board of directors of two Palantir subsidiaries.

“A New Mass Transit Solution”

Imagine arriving at a small airport close to your home just 15 minutes before your flight and stepping into a lounge like this:

You walk to a plane that’s just feet away, and before you know it, you arrive at your destination without ever stepping into a crowded and congested airport.

Imagine replacing hours on the road or in airport lines with short, seamless flights that fit into everyday life.

This is not a far-off concept. 

SRFM is already operating one of the largest commuter airlines in the U.S. by scheduled departures, with scheduled routes, government-backed Essential Air Service contracts, and an on-demand platform that lets passengers choose their route, aircraft, and see pricing instantly.

Personally, I love regional airports (I often use the one here in Lynchburg, Virginia), and the idea of flights that bypass major airports entirely is very appealing.

And the scale of the opportunity is huge. 

90% of Americans live or work within 30 minutes of a regional airport, yet only 30 major hubs handle more than 70% of U.S. air traffic. SRFM has the potential to unlock access to more than 5,000 underused airports and redefine how regional air mobility works.

In a 2021 report, NASA has said Regional Air Mobility will “fundamentally change how we travel.” 

Meanwhile, McKinsey projects it could become a $75–$115 billion global market by 2035. 

SRFM is not just participating in this shift, it is positioning itself as the platform that can transform air mobility.

For consumers, it is all about convenience. For investors, it is about scale. 

SRFM is already proving the model, and if it can capture even a fraction of the 5,000 regional airports across the U.S., I believe the upside potential for value creation is enormous.

A Clear Plan in Motion

SRFM isn’t just talking about growth, it has a plan in motion.

In November 2024, SRFM unveiled a “four-phase transformation plan” to steer the company toward profitability in its airline operations in 2025. 

Here’s the breakdown:

1. Transformation (Completed 2024): Strengthened the balance sheet and integrated acquisitions
   

2. Optimization (2025–2026): Optimizing airline operations, recalibrating on demand business and driving efficiencies with SurfOS

3. Expansion (2026–2027): Rolling out SurfOS to third-party operators, opening new tier-1 routes and pursuing JV opportunities
    

4. Acceleration (2027+): Deploying electrified aircraft, scaling the full air mobility platform and certifying electrified powertrains

That roadmap is already delivering results. 

In Q2 2025, revenue grew 17% quarter over quarter to $27.4M, operating loss narrowed by more than a third, and management reaffirmed its expectations that “2025 revenues will exceed $100 million and that airline operations will achieve profitability in 2025, defined as positive Adjusted EBITDA.”

On top of that, in May, SRFM signed an interline agreement with Japan Airlines to expand connectivity between Japan and Hawaii. 

And in a vote of confidence, co-founder Sudhin Shahani backed the vision with a $1M insider stock purchase on May 28.

The company will report Q3 2025 on November 12.

Green Revolution Taking to the Skies

The last step in SRFM’s transformation is all about electrification, bringing Silicon Valley innovation to aviation to cut both emissions and costs.

To make it happen, the company has partnered with some heavy hitters.

In September 2021, SRFM announced an exclusive relationship with Textron Aviation, makers of Cessna aircraft, to support Surf Air Mobility’s development to electrify ⚡ the Cessna Grand Caravan EX.

According to SRFM, the hybrid versions could reduce emissions with targets up to 50% (compared to the all-combustion version of the Grand Caravan) while reducing direct operating costs by up to 25%. 

And the all-electric versions are targeted to completely eliminate emissions while reducing direct operating costs by up to 50%.

Just as Uber reimagined taxis and Tesla reshaped automaking, SRFM wants to make regional travel faster, cheaper, and greener.

The Bottom Line

That kind of ambition is why I’m keeping SRFM at the top of my radar. 

From my perspective, the fundamentals are improving, and the company has laid out a clear transformation plan.

I think SRFM is a great one to take a look at, given the recent developments and the stock chart I am seeing.

As always, be sure to do your own research. Check out the company’s slick website and, of course, study its chart. I thought this investor presentation was also great.

Be sure to approach your trading in a responsible manner. Trading is very risky, and nothing is ever guaranteed, so never trade with more than you can afford to lose.

Please read the full disclaimer at the bottom of this email as well so you are aware of additional risks and considerations. Always have a well-thought-out game plan that takes your personal risk tolerance into consideration.

Bottom line: SRFM took a big hit yesterday, possibly as collateral damage from the PLTR drop. It’s now at the same level it launched from in early July. 

I’m watching SRFM today to see if we get a bottom-bounce from here.

👉 Make sure SRFM is at the top of your watchlist!

To Your Success,

Jeff Bishop