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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NEW YORK, July 14, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), will release financial results for the fiscal second quarter ended June 30, 2023 on Wednesday, August 9, 2023 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 Fiscal Second Quarter Ended June 30, 2023 Earnings Release Conference Call

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Blade is in an advantageous position being the first mover in the urban air mobility industry. The company's MediMobility division, which focuses on organ transplant transportation, is a significant growth driver for the company. Blade is focusing on expanding customer base, developing infrastructure, and forming global partnerships with operators to achieve profitability.

Blade Air Mobility: Strong Positioning In Urban Air Mobility Landscape

Blade Air Mobility, Inc. now has 14 terminals open and is expanding into a revitalized heliport in New Jersey as the company builds a global brand. The urban air mobility platform continues to vastly expand the platform in, signs of the benefits of scale.

Blade Air Mobility: Building A Global Brand

Agreement Will Bring Seamless Air Mobility Transport Between New Jersey, New York City Area Airports, and Manhattan

Blade to Bring Urban Air Mobility to Newport, Jersey City

Blade Air Mobility, Inc. (BLDE) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to loss of $0.16 per share a year ago.

Blade Air Mobility, Inc. (BLDE) Reports Q1 Loss, Tops Revenue Estimates

NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) -- 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, 2023.

Blade Air Mobility Reports Financial Results for the First Quarter Ended March 31, 2023

Blade Air Mobility, Inc. (BLDE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Blade Air Mobility, Inc. (BLDE) Report Negative Earnings Next Week? What You Should Know

NEW YORK, April 17, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), will release financial results for the fiscal first quarter ended March 31, 2023 on Thursday, May 11, 2023 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 Fiscal First Quarter Ended March 31, 2023 Earnings Release Conference Call

NEW YORK, March 30, 2023 (GLOBE NEWSWIRE) -- 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 the expansion of the Board from seven to nine members, and the appointment of two new directors, Andrew Lauck and John Borthwick. Mr. Lauck, a current Board observer for Blade, will officially join the Board as a director and will serve on the Audit Committee. Mr. Borthwick, a former Board member when Blade was private, will join the Nominating and Corporate Governance Committee.

Blade Air Mobility Expands Board of Directors, Appoints Andrew Lauck of RedBird Capital Partners and Technology Executive John Borthwick

NEW YORK, March 24, 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 Jefferies eVTOL Summit on Tuesday, March 28, 2023 at 11:00 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 Jefferies eVTOL Summit

Blade Air Mobility, Inc. (NASDAQ:BLDE ) Q4 2022 Earnings Conference Call March 14, 2023 8:00 AM ET Company Participants Ravi Jani - Vice President of Investor Relations Rob Wiesenthal - Founder and Chief Executive Officer Will Heyburn - Chief Financial Officer Conference Call Participants Jason Helfstein - Oppenheimer Bill Peterson - J.P. Morgan Hillary Cacanando - Deutsche Bank Stephen Ju - Credit Suisse Itay Michaeli - Citi Operator Good day, ladies and gentlemen, and welcome to the Blade Air Mobility Fiscal Fourth Quarter 2022 Earnings Release Conference Call.

Blade Air Mobility, Inc. (BLDE) Q4 2022 Earnings Call Transcript

NEW YORK, March 14, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, "Blade" or the "Company"), a technology-powered air mobility platform, today announced financial results for the fourth quarter and calendar year ended December 31, 2022.

Blade Air Mobility Reports Financial Results for the Fourth Quarter and Calendar Year Ended December 31, 2022

NEW YORK, March 09, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced that Will Heyburn, Chief Financial Officer, will present at the J.P. Morgan 2023 Industrials Conference on Wednesday, March 15, 2023 at 3:00 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 the J.P. Morgan 2023 Industrials Conference

NEW YORK, Feb. 22, 2023 (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, 2022 on Tuesday, March 14, 2023 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, 2022 Earnings Release Conference Call

With rising population levels and accelerated activities crowding major metropolitan areas, the concept of air transportation services ranks as a popular topic among well-heeled commuters, thus boding well for Blade Air Mobility (NASDAQ: BLDE ). Specializing in electric vertical take-off and landing (eVTOL) aircraft, Blade completed a historic test flight with Beta Technologies, an electric aerospace company.

Blade Air Mobility (BLDE) Stock Pops Following First Electric Air Taxi Test Flight

NEW YORK, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, "Blade"), a technology-powered air mobility platform and BETA Technologies (“BETA”), an electric aerospace company developing EVA (also known as eVTOL) and supporting charging infrastructure, today announced the successful completion of a historic test flight of BETA's ALIA-250 EVA at the Westchester County Airport in White Plains, New York. The flight marks the first test of a piloted EVA in the greater New York City area and is a significant milestone in the companies' continued partnership to bring safe, quiet, and sustainable air transportation to commuter and commercial customers.

Blade Air Mobility and BETA Technologies complete historic Electric Vertical Aircraft flight in New York

NEW YORK , Feb. 14, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Blade Air Mobility, Inc. (NASDAQ: BLDE). If you are a shareholder of Blade Air Mobility, Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: https://pjlfirm.com/blade-air-mobility-inc/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Blade Air Mobility, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

Today, we take our first look at Blade Air Mobility, Inc., a company that is building out a unique transportation platform. The company is aiming to be the Lyft or Uber of Urban Air Mobility ride shares and is delivering impressive revenue growth.

Blade Air Mobility: My First Trade For Monday

Blade Air Mobility, Inc. has continued to underperform the overall market. Blade's Q3 2022 financial performance has been a net positive in our view.

Blade Air Mobility: A Long-Term View

RedBird Increases Ownership Position in Blade to Over 5%

RedBird Capital Partners and Blade Air Mobility Strengthen Partnership to Leverage RedBird's Aviation, Sports and Entertainment Assets to Enhance Blade's Businesses

Blade provides short-distance passenger flights using helicopters and planes throughout the U.S., Canada, Europe and India, including to sports and live-entertainment events.

RedBird Capital takes more than 5% stake in Blade Air Mobility

The investment firm earlier picked up a smaller position in the short-flight provider.

News for Blade Air Mobility Stock (BLDE)