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, Inc. (NASDAQ:BLDE ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Matthew Schneider - Vice President, Investor Relations and Strategic Finance Robert Wiesenthal - Chief Executive Officer William Heyburn - Chief Financial Officer Conference Call Participants Jason Helfstein - Oppenheimer Lauren Lee - Deutsche Bank Mahima Kakani - JPMorgan Jon Hickman - Ladenburg Thalmann Operator Good morning, ladies and gentlemen and welcome to the Blade Air Mobility Fiscal Third Quarter 2024 Earnings Release Conference Call. At this time all participants are in a listen-only mode.

Blade Air Mobility, Inc. (BLDE) Q3 2024 Earnings Call Transcript

Blade Air Mobility, Inc. (BLDE) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to break-even earnings per share a year ago.

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

Initiating coverage on Blade Air Mobility with a “Buy” rating, citing a unique business model and undervaluation. Blade's medical segment, particularly organ transportation, is a significant growth and margin driver, with a strong balance sheet and potential for international expansion. Passenger segment restructuring and partnerships, along with a transition to electric aircraft, are expected to improve margins and growth prospects.

Blade Air Mobility: Attractive Business, Growth Visibility, And Undervaluation

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NEW YORK, Oct. 29, 2024 (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 third quarter ended September 30, 2024. Blade will conduct the call at 8:00am ET on Tuesday, November 12, 2024.

Blade Air Mobility Announces Opening of Investor Q&A Platform Ahead of its Release of Fiscal Third Quarter 2024 Financial Results

Blade Air Mobility NASDAQ: BLDE is not only a stock with an interesting name, but it could also be a big-time investment, according to Wall Street analysts. Its average price target of $7.30, implies this stock could provide a double bagger return or greater.

Blade Air Mobility: This Under-the-Radar Stock Could Double Soon

NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “BLADE”), a global Urban Air Mobility company that runs scheduled flights year-round between Nice and Monaco every 30 minutes, announces its interline partnership with leading global airline, Qatar Airways. This partnership enables Qatar Airways passengers to travel to or from Monaco on a single ticket, seamlessly connecting from their commercial airline to a BLADE helicopter that will fly them into the heart of Monaco. Upon landing at the Monte Carlo heliport, a BLADE limousine service will drive them to their hotel/local destination.

BLADE extends its airline agreements through its partnership with Qatar Airways, allowing passengers to fly from anywhere in the world straight to Monaco on a single ticket

Blade Air Mobility, Inc.'s business continues to expand, but revenue growth is being dampened by the company's decision to discontinue unprofitable activities. Competition from TransMedics poses a threat, and this issue is likely to come to a head in coming quarters. While Blade has managed to reduce its losses, stock-based compensation is causing fairly significant dilution.

Blade: Margins Remain An Issue

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Blade Air Mobility, Inc. (NASDAQ:BLDE ) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Matthew Schneider - Vice President, Investor Relations and Strategic Finance Robert Wiesenthal - Chief Executive Officer William Heyburn - Chief Financial Officer Conference Call Participants Jason Helfstein - Oppenheimer Edison Yu - Deutsche Bank Bill Peterson - JPMorgan Jon Hickman - Ladenburg Thalmann Operator Good afternoon, ladies and gentlemen, and welcome to the Blade Air Mobility Fiscal Second Quarter 2024 Earnings Release Conference Call. At this time, all participants are in a listen-only mode.

Blade Air Mobility, Inc. (BLDE) Q2 2024 Earnings Call Transcript

Blade Air Mobility, Inc. (BLDE) came out with a quarterly loss of $0.06 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.11 per share a year ago.

Blade Air Mobility, Inc. (BLDE) Reports Q2 Loss, Tops Revenue Estimates

NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, "Blade" or the "Company"), today announced financial results for the second quarter ended June 30, 2024.

Blade Air Mobility Announces Second Quarter 2024 Results

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NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), will release financial results for the second quarter ended June 30, 2024 on Wednesday, August 7, 2024 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 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 Second Quarter Ended June 30, 2024 Earnings Release Conference Call

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NEW YORK, June 12, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Company”), a technology-powered air mobility platform, today announced that Rob Wiesenthal, Chief Executive Officer, will present in a SHARE Series investor event on Friday, June 14, 2024 at 1:35pm 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 SHARE Series Event

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NEW YORK, May 28, 2024 (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 2024 Jefferies eVTOL / AAM Summit on Thursday, May 30, 2024 at 1:15pm 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 Jefferies eVTOL / AAM Summit

BLADE Scheduled Helicopter Service Will Run From Memorial Day Weekend Through Labor Day BLADE Scheduled Helicopter Service Will Run From Memorial Day Weekend Through Labor Day

Blade Air Mobility Partners with Ocean Casino Resort to Offer Direct Flights from Manhattan to Atlantic City

NEW YORK, May 14, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced that Management will participate in the following investor conferences:

Blade Air Mobility to Present at Upcoming Investor Conferences

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