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    Benjamin Johnson • Piper Sandler

    Benjamin Johnson is a Vice President and Equity Research Analyst at Piper Sandler, specializing in coverage of alternative asset managers, including prominent names such as Blue Owl Capital. Known for delivering insightful recommendations and valuation analyses, Johnson has contributed to price target changes and overweight ratings, demonstrating a solid track record of investment diligence and sector expertise. He began his career in investment banking before moving into equity research, accumulating several years of experience since joining Piper Sandler. Benjamin holds relevant securities licenses and FINRA registration, underscoring his professional credentials and commitment to compliance in equity research.

    Benjamin Johnson's questions to Surf Air Mobility Inc (SRFM) leadership

    Benjamin Johnson's questions to Surf Air Mobility Inc (SRFM) leadership • Q3 2024

    Question

    Benjamin Johnson of Piper Sandler inquired about the progress on the Federal Type Certificate (FTC) for the electrified Caravan since the second quarter, the risk of delays to the 2027 target, and any near-term milestones for investors to monitor.

    Answer

    Co-Founder Sudhin Shahani confirmed that the 2027 FTC timeline remains on track. He reiterated the company's exclusive partnership with Textron and mentioned that Surf Air is exploring a separate capitalization for the electrification business to lower costs, with an update planned for the next quarter.

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