Surf Air has acquired RISE, the second largest competitor in the “all-you-can-fly” membership-based air travel category, the company said.
This consolidation will establish Surf Air´s presence in both California and Texas, bringing the total number of weekly flights to 445, across 17 destinations. As part of the agreement, the combined entities also announced plans to quickly expand to additional markets within the next 18 months.
As part of the agreement, the RISE brand will transition to Surf Air and a new fleet of Surf Air aircraft will be brought to Texas to fly the scheduled RISE routes between Dallas, Austin, Houston, and San Antonio.
Surf Air´s corporate and operational headquarters will remain in Santa Monica, maintaining a significant presence in Dallas with RISE founder and CEO, Nick Kennedy, taking the role as President of the Texas and South-East region for Surf Air.
The monthly subscription flight sharing model, pioneered by Surf Air in 2013, bridges the gap between commercial and private flying and provides an economical and efficient solution to the air travel experience.
Through offering high frequency flyers the option to access private airplanes and terminals on scheduled daily flights, Surf Air and RISE have created a model that is both affordable for existing users of regional, commercial airlines, and offers the comfort, time savings, and premium experience of flying privately.
Surf Air was established in 2013 as an all-you-can fly membership airline. The company provides limitless flights in the Surf Air network for a monthly fee, starting at USD 1950 per month.
RISE was founded in 2014 to disrupt the world of air travel by transforming how people source, purchase, access and experience it. By layering proprietary technology on top of available inventory within the business aviation sector, RISE provides its Members with access to a growing network of on-demand and scheduled flights. Members pay a flat monthly fee to purchase unlimited access to scheduled flights or buy a block of flights that can be renewed as needed.