[Mark One]☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the quarterly period ended June 30, 2026OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the transition period from ____________ to ____________Commission File Number: 001-41759 Surf Air Mobility Inc. (Exact Name of Registrant as Specified in Its Charter) 12111 S. Crenshaw Blvd.Hawthorne, CA 90250(424) 332-5480 Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the Registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) hasbeen subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was requiredto submit such files).Yes☒No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒As of August 7, 2026, 123,644,243 shares of common stock, $0.0001 par value per share, were outstanding. SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION This Quarterly Report on Form 10-Q contains “forward-looking statements” within the meaning of the federal securities laws,including Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities ExchangeAct of 1934, as amended (“the “Exchange Act”). All statements other than statements of historical facts contained in this QuarterlyReport on Form 10-Q are forward-looking statements, including statements regarding the Company’s future results of operationsand financial position, business strategy and plans and objectives of management for future operations are forward-lookingstatements. Forward-looking statements may be identified by the use of words such as “estimate,”, “plan,”, “project,”, “forecast,”,“intend,”, “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” “designed to” or other similar expressions that predict orindicate future events or trends, although the absence of these words does not mean that a statement is not forward-looking. TheCompany cautions readers of this Quarterly Report on Form 10-Q that these forward-looking statements are subject to risks anduncertainties, most of which are difficult to predict and many of which are beyond the Company’s control, that could cause theactual results and outcomes, and the timing of actual results and outcomes, to differ materially from the expected results. Theseforward-looking statements include, but are not limited to, statements regarding estimates and forecasts of financial andperformance metrics, projections of market opportunity and market share, potential benefits and the commercial attractiveness to itscustomers of the Company’s products and services, the Company’s dependence on third-party partnerships in the development ordeployment of fully-electric and hybrid-electric powertrains, the potential success of the Company’s marketing and expansionstrategies and the Company’s ability to continue as a going concern. These statements are based on various assumptions, whether ornot identified in this Quarterly Report on Form 10-Q, and on the current expectations of the Company’s management, and are notpredictions of actual results and outcomes. These forward-looking statements are provided for illustrative purposes only and are notintended to serve as, and must not be relied upon, by any investor as a guarantee, an assurance, a prediction or a definitivestatement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ fromassumptions. These forward-looking statements are subject to a number of risks and uncertainties, including: •the Company’s future ability to pay contractual obligations, pay excise taxes, including resolving its tax liens andliquidity, which will depend on operating performance, cash flow and ability to secure adequate financing;•the Company’s ability to meet the requirements of its t