The contract represents $19.4 million in EAS subsidies, excluding incremental passenger fare revenue, over four years, doubling the term of the prior contract, and provides contracted revenue through August 2030.

Mokulele was selected through a competitive process. In awarding the contract, the DOT highlighted Mokulele’s track record serving the Lanaʻi community, its established infrastructure in Hawaiʻi, and the strength of its interline connectivity. The contract rewards Surf Air Mobility’s significant investment in its Hawaiʻi infrastructure including the upgraded fleet, operational capabilities and local presence needed to serve Lanaʻi reliably. Mokulele holds interline agreements with major airlines at both Honolulu (HNL) and Kahului/Maui (OGG), including Hawaiian Airlines, Alaska Airlines, American Airlines, United Airlines, and Japan Airlines, giving the Lanaʻi community seamless connections across Hawaiʻi, to the continental U.S., and internationally.

Louis Saint-Cyr, President of Airline Operations at Surf Air Mobility, said: "It is an honor to have been selected by the DOT to continue operating the Lanaʻi EAS contract. For many years, the Lanaʻi community has depended on our operations to keep the island connected, and we take our commitment seriously as evidenced by our recent investment in local infrastructure and operating capabilities. This contract also rewards the broader investments we’ve made into our Hawaiʻi operations where we provide safe, reliable, and profitable air service, and where we continue building toward our ambition of operating the first commercial passenger electric flights in the country."

Surf Air Mobility continues to invest in the reliability and capacity of its Hawaiʻi network. Today, Mokulele operates approximately 112 daily departures across five islands and over the past year, Mokulele has upgraded the Hawaiʻi fleet with new Cessna Caravans and updated ground and lounge infrastructure. The Company has also deployed its SurfOS software across the Hawaiʻi operation to modernize scheduling, maintenance, and flight operations as part of the digitalization effort to improve operational reliability and profitability.

The Lanaʻi EAS contract reinforces Mokulele’s position as the largest commuter airline network in Hawaiʻi by airports served. Under the new contract, Mokulele will operate 63 weekly round trips, or 126 weekly flights, connecting Lanaʻi (LNY) to Honolulu (HNL) and Kahului/Maui (OGG). The schedule includes 42 weekly round trips to Honolulu and 21 weekly round trips to Kahului.

As Surf Air Mobility builds its air mobility platform, the Company’s scheduled airline operations provide the operational scale, community relationships, and real-world experience and data that support the Company’s broader strategy, including the deployment of its SurfOS software, and its ambition to launch the first commercial passenger electric flights using BETA Technologies’ ("BETA") ALIA aircraft, once certified. Hawaiʻi’s short average stage length and high-frequency interisland routes make it a model network for the introduction of electric aircraft. In June 2026, Surf Air Mobility participated in a demonstration flight program with BETA’s electric aircraft in Hawaiʻi.