Blade Air Mobility

Blade Air Mobility, Inc. is a technology-powered global air mobility platform. It provides consumers with an alternative to ground transportation for congested routes, predominantly within the Northeastern United States, through its helicopter, amphibious seaplane, and fixed-wing transportation services. Its asset-light model, coupled with its passenger terminal infrastructure is designed to facilitate a transition to Electric Vertical Aircraft, which enables air mobility to the public. The firm operates in the following lines of business: Short Distance, MediMobility Organ Transport & Jet, and Other. The company was founded by Robert S. Wiesenthal and Steven Martocci on December 22, 2014 and is headquartered in New York, NY.

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Blade Air Mobility achieves record revenue, eyes strategic growth

Blade Air Mobility delivered strong financial performance in Q4 2022, with record revenue and profit growth.
The company's focus on sustainable air transportation technology and strategic growth positions it well for the future.
Challenges include managing seasonality effects and effectively expanding into new service areas.
Opportunities lie in strategic acquisitions and market expansion to drive continued growth and profitability.

Blade Air Mobility reports robust Q1 growth and strategic focus

Blade Air Mobility's Q1 showed strong revenue and flight profit growth.
The company is well-capitalized and focused on disciplined capital allocation.
Challenges include performance in Europe and declining revenue in Jet segment.
Opportunities lie in marketing efforts, acquisitions, and MediMobility growth.

Blade Air Mobility reports record Q2 results, eyes global expansion

Blade Air Mobility's strong Q2 performance was driven by revenue growth, operational improvements, and strategic focus on profitable segments. Challenges include slower Europe integration and supply chain delays, but opportunities lie in expanding globally, optimizing operations, and targeting profitability.

Blade Air Mobility excels in Q3, eyes growth through innovation

Blade Air Mobility delivered robust financial performance in Q3 2023, with revenue growth, positive cash flow, and EBITDA, underpinning stability.
The company's strengths lie in its strong financial position, customer-centric approach, and focus on innovation in services and market positioning.
Challenges include operational complexities in Europe, cost management amidst expansion, and the transition to EVA technology.
Opportunities for Blade include strategic expansion in medical and cargo markets, enhancing flight margins, and leveraging EVA for growth.

Blade Air Mobility excels in Q4 2023, eyes growth with electric aircraft

Blade Air Mobility's strong Q4 2023 performance showcased robust revenue growth and improved flight profitability, driven by strategic acquisitions and operational enhancements. While challenges exist in managing electric aircraft costs, Blade is well-positioned to capitalize on opportunities in the evolving air transportation market, particularly with its focus on electric vertical aircraft.

Blade Air Mobility reports record Q1 performance and eyes future growth opportunities

Blade Air Mobility's Q1 2024 showcased strong financial performance and strategic positioning. Despite challenges in the Passenger business and industry transitions, the company remains focused on efficiency and growth. With a solid financial foundation and clear guidance, Blade is poised for continued success.

Blade Air Mobility excels in Q2 2024, eyes growth opportunities

Blade Air Mobility's Q2 2024 performance showcased robust revenue growth, improved profitability, and strategic capital allocation.
The company's focus on high-return investments and operational efficiency positions it well for future growth and profitability.
Despite challenges in restructuring and market exits, Blade's strong financial performance and strategic initiatives offer promising opportunities for sustained success.

Blade Air Mobility excels in Q3, poised for sustainable growth

Blade Air Mobility delivered exceptional financial results, surpassing expectations and demonstrating strong growth across segments.
The company's focus on cost efficiencies, EVA transition progress, and strategic alliances position it well for future opportunities and market leadership.
Despite challenges such as softer organ transplant volumes, Blade's resilience, adaptability, and strong performance indicate a promising outlook.
With solid financial health, operational efficiency, and strategic initiatives, Blade is poised for continued growth and success in the evolving aviation industry.

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Blade Air Mobility, Inc. engages in providing air transportation alternatives through a technology-powered and global air mobility platform. It operates through the Passenger and Medical segments. The Passenger segment includes short distance helicopter and amphibious seaplane flights and non-medical jet charter. The Medical segment is involved in the transportation of human organs for transplant. The company was founded by Robert S. Wiesenthal and Steven Martocci on December 22, 2014 and is headquartered in New York, NY.

NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced that Management will present at the Baird's 2024 Vehicle, Technology and Mobility Conference on Thursday, February 29, 2024 at 1:40 pm ET. A webcast of the event will be available at the link here. A replay will be available shortly after the conclusion of the presentation on the investor relations section of the company's website at https://ir.blade.com/news-events.

Blade Air Mobility to Present at Baird's 2024 Vehicle, Technology and Mobility Conference

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NEW YORK, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), will release financial results for the fourth quarter and calendar year ended December 31, 2023 on Tuesday, March 12, 2024 before the market opens. The company will hold a conference call the same day at 8:00 am Eastern Time to discuss the results. The call will be hosted by Rob Wiesenthal, Blade's Chief Executive Officer, and Will Heyburn, Blade's Chief Financial Officer, and will include a question-and-answer session for call participants.

Blade Air Mobility Announces Date for Fourth Quarter and Calendar Year Ending December 31, 2023 Earnings Release Conference Call

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NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, "Blade") an asset-light passenger air mobility and medical logistics company, today announced the appointment of Rémi Bouysset as CEO of Blade Europe.​​ Blade Europe passengers can now enjoy helipad-side security clearance at Nice International Airport (“Nice Airport”), enabling helicopter fliers to connect directly to their commercial flights at their departing gates, bypassing the general security screening queues at the airport.

Blade Appoints Former Carlson Wagonlit Travel Executive as Blade Europe CEO; Expedited Tarmac-Side Security Screening at France's Nice Int'l Airport for Passengers Launched

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Blade Air Mobility is a transportation firm experiencing rapid sales growth and moving towards profitability sooner than expected. The company operates an asset-light platform, utilizing a network of operators to provide urban air transportation services. Blade's largest revenue contributor is the transportation of human organs and medical staff, and it plans to eventually transition to leasing electric vertical takeoff and landing aircraft for stronger margins.

Blade Air Mobility: Takeoff Towards Profitability

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NEW YORK, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced that Management will present at the 26th Annual Needham Growth Conference on Wednesday, January 17, 2024 at 4:30 am ET. A webcast of the event will be available at the link here. A replay will be available shortly after the conclusion of the presentation on the investor relations section of the company's website at https://ir.blade.com/news-events.

Blade Air Mobility to Present at 26th Annual Needham Growth Conference

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Blade Air Mobility, Inc. is building a global platform for urban air mobility ahead of competitors before the launch of electric vehicle aircraft over the next couple of years. The company has expanded into Canada, Europe, and medical flights, utilizing a shared business platform to reduce costs and prepare for future flight opportunities. Blade Air Mobility is generating positive cash flow and has $173 million in cash to acquire assets and build the UAM network.

Blade Air Mobility: Building An Urban Air Mobility Platform To Last

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NEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced that Rob Wiesenthal, Chief Executive Officer, will present at the 2023 Raymond James TMT and Consumer Conference on Wednesday, December 6, 2023 at 9:45 am ET. A webcast of the event will be available at the link here. A replay will be available shortly after the conclusion of the presentation on the investor relations section of the Company's website at https://ir.blade.com/news-events.

Blade Air Mobility to Present at the 2023 Raymond James TMT and Consumer Conference

NEW YORK, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced that Rob Wiesenthal, Chief Executive Officer, will present at the 2023 UBS Global Technology Conference on Tuesday, November 28, 2023 at 12:15 pm ET. A webcast of the event will be available at the link here . A replay will be available shortly after the conclusion of the presentation on the investor relations section of the company's website at  https://ir.blade.com/news-events .

Blade Air Mobility to Present at the 2023 UBS Global Technology Conference

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