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.

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Blade Air Mobility, Inc. (NASDAQ:BLDE ) Q3 2023 Earnings Conference Call November 8, 2023 8:00 AM ET Company Participants Lee Gold – Investor Relations Rob Wiesenthal – Founder and Chief Executive Officer Will Heyburn – Chief Financial Officer Conference Call Participants Hillary Cacanando – Deutsche Bank Jason Helfstein – Oppenheimer Bill Peterson – JPMorgan Itay Michaeli – Citi Jon Hickman – Ladenburg Thalmann Operator Good morning, ladies and gentlemen, and welcome to the Blade Air Mobility Fiscal Third Quarter 2022 Earnings Release Conference Call. At this time, all participants are in a listen-only mode.

Blade Air Mobility, Inc. (BLDE) Q3 2023 Earnings Call Transcript

Blade Air Mobility reports better-than-expected third-quarter numbers.

Blade Air Mobility Stock Soars on Surprise Profit. Flying Cars Can Work.

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, "Blade" or the "Company"), today announced financial results for the third quarter ended September 30, 2023.

Blade Air Mobility Reports Financial Results for the Third Quarter Ended September 30, 2023

NEW YORK , Nov. 06, 2023 (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 2023 Global Industrials Conference on Thursday, November 9, 2023 at 12:25 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 2023 Global Industrial Conference

Blade provides an Urban Air Mobility platform that aims to reduce the cost of air transportation on congested routes. The company's rapidly growing organ transport business is likely to dominate revenue in the future and appears to have better economics. Blade faces challenges in terms of low gross profit margins and potential competition, but its valuation is currently low.

Blade Air Mobility: Asset Light, Advantage Light

Blade Air Mobility, Inc. (BLDE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Blade Air Mobility, Inc. (BLDE) Expected to Beat Earnings Estimates: Should You Buy?

NEW YORK, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), today announced the opening of the shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the fiscal third quarter ended September 30, 2023. Blade will conduct the call at 8:00am ET on Wednesday, November 8, 2023.

Blade Air Mobility Announces Opening of Investor Q&A Platform Ahead of its Release of Fiscal Third Quarter 2023 Financial Results

WASHINGTON , Oct. 12, 2023 /PRNewswire/ -- Attendees at the 2023 NBAA Business Aviation Convention & Exhibition (NBAA-BACE) will once again be able to experience a breathtaking firsthand look at the future of on-demand air transportation through NBAA's partnership with Blade Air Mobility, Inc. (BLADE) (NASDAQ: BLDE). BLADE is offering by-the-seat helicopter flights operated by Orbic Air between the Las Vegas Convention Center (LVCC) and Henderson Executive Airport (HND), home to the NBAA-BACE aircraft display.

Back by Popular Demand, BLADE Shuttle Flights Return to NBAA-BACE

NEW YORK, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), will release financial results for the fiscal third quarter ended September 30, 2023 on Wednesday, November 8, 2023 before the market opens. The Company will conduct a conference call on 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 Fiscal Third Quarter Ended September 30, 2023 Earnings Release Conference Call

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NEW YORK, Sept. 21, 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 iAccess Alpha's Best Ideas from the Buyside Virtual Conference on Tuesday, September 26, 2023 at 2:00 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 Upcoming Investor Conference

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Blade Air Mobility, is a valuable investment opportunity in the eVTOL and transport sector, offering near term potential for positive net income and exposure to revolutionary changes in aerial mobility. The company's revenue growth is impressive, driven by the MediMobility Organ Transport business and the acquisition of Blade Europe. Blade has a strong financial standing with low debt and a significant cash position, positioning them well for near-term profitability and future growth in the eVTOL market.

Blade Air Mobility: A Strong Business With Solid Potential

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NEW YORK, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, "Blade" or the "Company"), today announced financial results for the second quarter ended June 30, 2023.

Blade Air Mobility Reports Financial Results for the Second Quarter Ended June 30, 2023

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NEW YORK, Aug. 02, 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 Oppenheimer 26th Annual Technology, Internet and Communications Conference on Wednesday, August 9, 2023 at 2:55 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 Oppenheimer 26th Annual Technology, Internet and Communications Conference

NEW YORK, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), today announced the launch of a shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the fiscal second quarter ended June 30, 2023. Blade will hold the call at 8:00am ET on Wednesday, August 9, 2023.

Blade Air Mobility Announces New Investor Q&A Platform Ahead of its Release of Fiscal Second Quarter 2023 Financial Results

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News for Blade Air Mobility Stock (BLDE)