Surf Air Mobility (SRFM, Financial), one of the key players in electric aviation, has outlined its aspiration to secure long-term profitability. The company operates the largest regional air mobility platform in the U.S. and has announced its four-phase transformation strategy that will optimize operations and cut costs. A $50 million term loan positions the company to excel in the next phase of growth, and this plan is supported.

• Warning! GuruFocus has detected 6 Warning Signs with SRFM.

Not only does the firm make no progress on its airline operations, but it's also helping to develop electric aircraft and airline software using artificial intelligence. The goal is to decrease the environmental impact of regional air travel, enhance safety, and make the industry more profitable. Surf Air is the largest U.S. passenger operator of Cessna Caravans today.

Analysts give Surf Air an average price target of $12.50, a high that's nearly 170% upside premium than current trading prices at $4.61. Analysts rated the company as Outperform following the company's efforts to reach profitability by 2025 and undertake its transformational initiatives. Still, the upside potential is huge, but like virtually any new industry, the path to profitability is still muddled and strewn with difficulties.