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--(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

Blade Expands Organ Air Mobility Footprint With 14 New Transplant Centers in 2022; MediMobility Division Now Operating in 20 States

NEW YORK & LOS ANGELES--(BUSINESS WIRE)--Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade”), a technology-powered global air mobility platform, announced today that it is providing helicopter, plane and jet service between Los Angeles and Indio, California over both desert festival weekends (April 14th–25th), starting at $975 per seat. Festivalgoers will fly directly between Santa Monica Airport on the Westside of Los Angeles and the BLADE x St. James Desert Lounge at Thermal Airport in Indio, Ca

Blade to Provide Air Mobility Services Between Los Angeles and Indio as the Festival in the Desert Returns

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (“Blade” or the “Company,” NASDAQ: BLDE) a technology-powered global air mobility platform, today announced that CEO, Rob Wiesenthal, will present at the 2022 Citi Global Industrial Tech and Mobility Conference on Thursday, February 24, 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 relations section of the company's website

Blade Air Mobility to Present at the 2022 Citi Global Industrial Tech and Mobility Conference

Blade Air Mobility, Inc. (BLDE) CEO Rob Wiesenthal on Q1 2022 Results - Earnings Call Transcript

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 quarter and calendar year ended December 31, 2021. Commencing January 1, 2022, the Company's fiscal years will end on December 31st and the Company's fiscal quarters will match calendar quarters. “Blade's growth in both the quarter and calendar year 2021, which had revenue up 156% to $67.2 million, significantly exceed

Blade Air Mobility Reports Financial Results for the Quarter and Calendar Year Ended December 31, 2021

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (“Blade” or the “Company,” NASDAQ: BLDE) will release financial results for the three months and calendar year ended December 31, 2021 on Thursday, February 10, 2022, after the market closes. The company will hold a conference call the same day at 4:30 pm 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. On February

Blade Air Mobility Announces Date for Three Months and Calendar Year Ending December 31, 2021 Earnings Release Conference Call

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (NASDAQ: BLDE, “Blade”), a technology-powered global air mobility platform, today announced that CEO, Rob Wiesenthal, will present at the 24th Annual Needham Growth Conference. The presentation will take place on Thursday, January 13, at 10:45 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 and until April 13, 2022 on the investor relations section of

Blade Air Mobility to Present at the 24th Annual Needham Growth Conference

Blade reported FQ4'21 revenues topped 2019 levels by 28%.

Blade Air Mobility: Poised To Fly Higher

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Blade Air Mobility, Inc. (BLDE) CEO Rob Wiesenthal on Q4 2021 Results - Earnings Call Transcript

Blade Air Mobility Inc (NASDAQ: BLDE) reported fourth-quarter revenue growth of 144% year-over-year to $20.3 million, and +28% compared to the 2019 period, beating the consensus of $13.5 million. Short Distance revenues up 261% Y/Y to $13.4 million, driven by initial returns to the office this year, positively impacting commuter business and the resumption of Blade Airport service.

Blade Air Mobility Stock Gains After Q4 Results

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 fiscal fourth quarter and fiscal year ended September 30, 2021. “In addition to Blade's strong organic growth, our acquisitions of Trinity Air and Helijet's scheduled business represent the fulfillment of a significant committed milestone and add unmatched scale to our Urban Air Mobility ecosystem,” said Rob Wiesenthal

Blade Air Mobility Reports Fiscal Fourth Quarter And Fiscal Year Ended September 30, 2021 Financial Results

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Earnings Previews: Bit Digital, Blade Air Mobility, Carnival

Closely-followed investor Cathie Wood's investment management firm Ark Invest snapped up more shares in Blade Air Mobility Inc (NASDAQ:BLDE), a provider of luxury on-demand private helicopter and seaplane services, on Tuesday. The St. Petersburg, Florida-based Ark Invest picked up 11,926 shares — estimated to be worth $98,270 — in Blade Air, a company that went public last year via a blank-check acquisition.

Cathie Wood Continues To Load Up On Blade Air Mobility Stock

NEW YORK & VANCOUVER, British Columbia--(BUSINESS WIRE)--Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered global air mobility platform, today announced that it has entered into an agreement (the “Agreement”) through its wholly owned subsidiaries Blade Urban Air Mobility, Inc. and Blade Urban Air Mobility (Canada), Inc., with Helijet International, Inc. (“Helijet”), North America's largest scheduled helicopter airline, and Pacific Heliport Services, Ltd. (“

Blade Acquires Exclusive Rights to Helijet's Scheduled Passenger Business in Canada; Flights Will Continue to Utilize Helijet Owned and Operated Aircraft

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (NASDAQ: BLDE, “Blade”), a technology-powered global air mobility platform, today announced that CEO, Rob Wiesenthal, will present at the Credit Suisse 25th Annual Technology Conference. The presentation will take place on Wednesday, December 1, 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 and until March 1, 2022 on the investor relations s

Blade Air Mobility to Present at the Credit Suisse 25th Annual Technology Conference

Blade Air Mobility Inc (NASDAQ: BLDE) expanded its Blade Airport product with the launch of helicopter service between Manhattan and Newark Airport. Flights are available between 7 am and 7 pm Monday through Friday and 3 pm to 7 pm on Sundays for $195 per seat or $95 per seat for Blade Airport pass holders.

Blade Air Mobility Adds Newark-Manhattan Route For Helicopter Service

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (“Blade”, NASDAQ: BLDE) announced the expansion of its Blade Airport product with the launch of helicopter service between Manhattan and Newark Airport. Flights are available between 7am and 7pm Monday through Friday, and 3pm to 7pm on Sundays for $195 per seat or $95 per seat for Blade Airport passholders. Fliers will soon enjoy access to Blade's private terminal space at Newark, which is currently being developed adjacent to the airport heli

Blade Air Mobility Announces Expansion of Airport Service with New Route Between Newark and Manhattan

An influential commentator talked up the stock over the weekend.

Why Blade Air Mobility Stock Is Up Today

NEW YORK--(BUSINESS WIRE)--Blade Air Mobility, Inc. (“Blade”, NASDAQ: BLDE) will release financial results for the fiscal fourth quarter and full fiscal year ended September 30, 2021, on Monday, December 20, 2021, 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

Blade Air Mobility Announces Date for Fiscal Fourth Quarter and Full Fiscal Year Ending September 30, 2021 Earnings Release Conference Call

One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over 225,000 shares of Blade Air Mobility Inc.

Cathie Wood's ARK Invest Buys Over 225,000 Shares of Blade Air Mobility

Oppenheimer analyst Jason Helfstein initiated Blade Air Mobility Inc (NASDAQ: BLDE) with an Outperform rating and a price target of $14, implying an upside of 29.5%. Helfstein says Blade has become "the category leader" in Urban Air Mobility, or UAM, by leveraging its technology to match consumers with aircraft operators and views the company as positioned to capture an "outsized share" once markets open.

Oppenheimer Initiates Blade Air Mobility With Outperform Rating - Read Why

NEW YORK--(BUSINESS WIRE)--The Board of Directors (the “Board”) of Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered global air mobility platform, today announced that Reggie Love has been appointed to the Board, replacing David Zaslav, the Chief Executive Officer of Discovery Inc., who is stepping down. “On behalf of the Board, I would like to express our sincere gratitude to David for his dedicated and instrumental service to the Company since its incepti

Blade Air Mobility Appoints Reggie Love to Board of Directors Replacing David Zaslav

NEW YORK & PHOENIX--(BUSINESS WIRE)--Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered global air mobility platform, today announced the completion of the previously announced transaction to acquire Trinity Air Medical, Inc. (“Trinity”), a nationwide, multi-modal organ logistics and transportation company. On September 9, 2021, Blade announced that the Company had signed a definitive agreement to acquire Trinity, subject to customary closing conditions. Und

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