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.

Blade Air Mobility continues to build urban air mobility positioning the company for the future of electric vertical aircraft. After closing acquisitions in Europe, Blade now operates on multiple continents and is pushing towards 2023 revenues of $200 million.

Blade Air Mobility: Set For Urban Air Mobility Future

Blade Air Mobility, Inc. (NASDAQ:BLDE ) Q3 2022 Earnings Conference Call November 9, 2022 4:30 PM ET Company Participants Ravi Jani - VP, IR Robert Wiesenthal - Founder and CEO William Heyburn - CFO Conference Call Participants Jason Helfstein - Oppenheimer Hillary Cacanando - Deutsche Bank Stephen Ju - Credit Suisse Operator Good day, and thank you for standing by. Welcome to the Blade Air Mobility Inc. Fiscal Third Quarter 2022 Earnings Call.

Blade Air Mobility, Inc. (BLDE) Q3 2022 Earnings Call Transcript

NEW YORK, Nov. 09, 2022 (GLOBE NEWSWIRE) --  Blade Air Mobility, Inc. (Nasdaq: BLDE, "Blade" or the "Company"), a technology-powered air mobility platform, today announced financial results for the third quarter ended September 30, 2022.

Blade Air Mobility Reports Financial Results for the Third Quarter Ended September 30, 2022

NEW YORK, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), will release financial results for the fiscal third quarter ended September 30, 2022 on Wednesday, November 9, 2022 after the market closes. Management will conduct a conference call the same day at 4:30 pm Eastern Time to discuss the results.

Blade Air Mobility Announces Date for Fiscal Third Quarter Ended September 30, 2022 Earnings Release Conference Call

Eve Holding Inc

BLADE India signs a purchase order for up to 200 of Eve's eVTOL, initially underwriting 50,000 hours of flight time per year in the region Intra-city helicopter flights to begin in a major Indian city as part of a pilot project NEW DELHI , Sept. 27, 2022 /PRNewswire/ -- FlyBlade India ("BLADE India"), a joint venture between Hunch Ventures and Blade Air Mobility, Inc. (NASDAQ: BLDE), and Eve Air Mobility ("Eve") (NYSE: EVEX; EVEXW) announced today a strategic partnership which includes a non-binding order of up to 200 electric vertical take-off and landing ("eVTOL" or Electric Vertical Aircraft, "EVA") vehicles, service and support, and Eve's Urban Air Traffic Management ("UATM") software solution.

BLADE and Eve Announce Strategic Partnership to Expand Urban Air Mobility Ecosystem in India

Blade is one of my favorite eVTOL stocks to buy now before the 2024 Urban Air Mobility boom. The company hit record Q2 2022 revenue and continues to grow its market share through domestic expansion and acquisitions.

Blade: The Future Of Urban Air Mobility

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced that members of its management team will present at the Citi 2022 Global Technology Conference on Wednesday, September 7, 2022 at 4:45 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:

Blade Air Mobility to Present at the Citi 2022 Global Technology Conference

Blade Air Mobility, Inc. has had abysmal stock returns and is well below its IPO price. Blade is poised to benefit from the commercialization of Electric Vertical Aircraft, and its business strategy focuses on capitalizing on the adoption.

Blade Air Mobility: Do Not Fear The Blade

Simulates a complete operation and service touchpoints using helicopters to understand how Chicago Metropolitan area commuters will experience a quiet and sustainable Urban Air Mobility ("UAM") journey Flight testing begins in mid-September with morning and afternoon flights on weekdays, with seats available for those who want to experience the future of commuting by Electric Vertical Aircraft ("EVA" or "eVTOL") MELBOURNE, Fla. , Aug. 23, 2022 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX; EVEXW) will conduct its first North American UAM simulation using helicopters powered by Blade Air Mobility, Inc. (NASDAQ: BLDE, or "Blade"), as a substitute for an eVTOL.

Eve Announces First North American Urban Air Mobility Simulation in Chicago

Blade Air Mobility, Inc. (NASDAQ:BLDE ) Q2 2022 Earnings Conference Call August 9, 2022 8:00 AM ET Company Participants Ravi Jani - VP, IR Robert Wiesenthal - CEO & Director Melissa Tomkiel - President William Heyburn - CFO & Head, Corporate Development Conference Call Participants Hillary Cacanando - Deutsche Bank Stephen Ju - Crédit Suisse William Peterson - JPMorgan Chase & Co. Jason Helfstein - Oppenheimer Itay Michaeli - Citigroup Operator Good morning, and welcome to the Blade Urban Air Mobility Inc. Fiscal Second Quarter 2022 Financial Results Conference Call. [Operator Instructions].

Blade Air Mobility, Inc. (BLDE) CEO Robert Wiesenthal on Q2 2022 Results - Earnings Call Transcript

Blade Air Mobility, Inc. (BLDE) delivered earnings and revenue surprises of 30.77% and 10.63%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Blade Air Mobility, Inc. (BLDE) Reports Q3 Loss, Lags Revenue Estimates

Blade Air Mobility, an air taxi network operator, broke even in the second quarter showing higher-end consumers are surviving inflation.

Consumers Are Fine. Just Look at Result From the Uber of the Skies.

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced financial results for the second quarter ended June 30, 2022. "Blade delivered record revenue and Flight Profit this quarter, with strong growth across all business lines," said Rob Wiesenthal, Blade's Chief Executive Officer. "We have seen continued strength in our consumer-facing businesses with revenue and average seat prices for both the s

Blade Air Mobility Reports Financial Results for the Second Quarter Ended June 30, 2022

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (“Blade” or the “Company” NASDAQ: BLDE) will release financial results for the fiscal second quarter ended June 30, 2022 on August 9, 2022, 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 Blade CEO Rob Wiesenthal and CFO Will Heyburn and will include a question-and-answer session for call participants. Participants may access the call at 1-

Blade Air Mobility Announces Date for Fiscal Second Quarter Ended June 30, 2022 Earnings Release Conference Call

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JetBlue Airways

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade”), a technology-powered global air mobility platform announced today that it has entered into an agreement with JetBlue (Nasdaq: JBLU, “JetBlue”), New York's Hometown Airline® to integrate Blade's Airport service into JetBlue's TrueBlue loyalty program through 2023. In connection with the partnership, Blade announced that it will be adding an additional route of continuous daily service between BLADE Lounge East, located

Blade Announces Partnership to Provide Helicopter Airport Transfers and Preferred Benefits to JetBlue's TrueBlue Loyalty Program Members

Blade is trying to build out an urban air mobility platform for EVA. The company has been on an acquisition spree, acquiring 4 companies within 10 months in order to expand its footprint.

Blade: Building An Urban Air Mobility Platform

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (“Blade” or the “Company,” NASDAQ: BLDE) a technology-powered global air mobility platform, today announced that Chief Executive Officer, Rob Wiesenthal, will present at the 50th Annual J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 25, 2022 at 3:10 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 r

Blade Air Mobility to Present at the 50th Annual J.P. Morgan Global Technology, Media and Communications Conference

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade”) a technology-powered global air mobility platform, today announced that it has entered into a definitive agreement (the “Agreement”) through its wholly-owned European subsidiaries to acquire the asset-light commercial passenger transport activities of three urban air mobility operators in Europe: Monacair SAM, Héli Sécurité and another leading helicopter operator in the South of France. Blade will also develop branded p

Blade to Acquire Three Urban Air Mobility Companies Creating Largest Helicopter Passenger Service in Europe

Blade reported another strong quarter as demand returns to above pre-covid levels with the reopening of airport services. The urban air mobility company still has several years of work ahead to reach EBITDA positive.

Blade Air Mobility: Business Is Taking Off

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (“Blade” or the “Company,” NASDAQ: BLDE) a technology-powered global air mobility platform, today announced that Chief Financial Officer, Will Heyburn, will present at the Bank of America Securities 2022 Transportation, Airlines and Industrials Conference on Tuesday, May 17, 2022 at 11:20 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

Blade Air Mobility to Present at the Bank of America Securities 2022 Transportation, Airlines and Industrials Conference

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (Nasdaq:BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced financial results for the first quarter ended March 31, 2022. “It's very rewarding to see such strong growth, both sequentially and year-over-year, in what has seasonally been the lightest quarter for Blade,” said Rob Wiesenthal, Blade's Chief Executive Officer. "This is a testament to our success in diversifying Blade's geographic footprint an

Blade Air Mobility Reports Financial Results for the First Quarter Ended March 31, 2022

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (“Blade” or the “Company” NASDAQ: BLDE) will release financial results for the fiscal first quarter ended March 31, 2022 on May 10, 2022, 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 Blade CEO Rob Wiesenthal, President Melissa Tomkiel and CFO Will Heyburn and will include a question-and-answer session for call participants. Participants

Blade Air Mobility Announces Date for Fiscal First Quarter Ended March 31, 2022 Earnings Release Conference Call

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered global air mobility platform, today announced the creation of Blade Europe and the appointment of Sabrina Barbera as Executive Director of Blade Europe and Anne-Pascale Guedon as Executive Vice President, Business Development, Blade Europe. Blade Europe will be headquartered in Paris, France. Barbera has nearly 20 years of experience in aerospace and aviation and is currently a Vic

Blade Announces Formation of Blade Europe to Accelerate International Growth

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility (NASDAQ:BLDE, “Blade”) today announced an expansion of the operating footprint for its organ transportation business. With the addition of 14 transplant centers and Organ Procurement Organizations (“OPOs”) during 2022, Blade's MediMobility division now serves more than 40 hospital clients across 20 states. Scott Wunsch, COO of Blade MediMobility said, "Our expanded footprint provides immediate benefits for all of the transplant centers and OPOs we s

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