🟢 Surf Air Mobility is trading 5.36% up in after-hours trading after $19.4 million air service contract

Surf Air Mobility is trading 5.36% up at $0.50 after announcing that Mokulele Airlines won a four-year, $19.4 million Essential Air Service contract for Lanaʻi, Hawaiʻi.

• The agreement provides contracted revenue through August 2030 and doubles the prior contract term.
• The after-hours gain followed a difficult regular session, when shares closed at $0.47, down 6.99%.
• Broader markets were weaker, adding cautious risk sentiment.