Welcome to our dedicated page for Blade Air Mobility news (Ticker: BLDE), a resource for investors and traders seeking the latest updates and insights on Blade Air Mobility stock.
The BLDE news page on Stock Titan aggregates historical and transitional news for Blade Air Mobility, Inc., a technology-powered air mobility platform that has changed its corporate name to Strata Critical Medical, Inc. Company press releases describe Blade as providing air transportation and logistics for hospitals across the United States, where it is one of the largest transporters of human organs for transplant, and arranging passenger flights using helicopters and fixed-wing aircraft in the Northeast United States, Southern Europe and Western Canada.
News items for BLDE cover several key themes. Investors can review announcements about financial results, such as quarterly earnings releases furnished on Form 8-K, which discuss revenue trends, segment performance in Medical and Passenger operations, and non-GAAP metrics like Adjusted EBITDA and Flight Profit. Other articles highlight strategic transactions, including the agreement to sell Blade’s Passenger division to Joby Aviation and the subsequent completion of that sale, as well as the company’s rebranding and name change to Strata Critical Medical, Inc. with a new Nasdaq ticker symbol.
Coverage also includes capital markets and conference participation, where Blade executives present at technology, eVTOL and advanced air mobility events hosted by firms such as Oppenheimer, Jefferies, Ladenburg Thalmann and J.P. Morgan. Additional news features advanced air mobility milestones, such as Blade’s participation in an electric passenger flight using BETA Technologies’ ALIA CTOL aircraft, underscoring the company’s focus on quiet, emission-free air mobility.
By following BLDE news, readers can trace the evolution from a combined passenger and medical air mobility platform to a focused medical logistics business under the Strata Critical Medical name, and monitor how strategic partnerships, regulatory filings and operational updates have shaped that transition.
Blade Air Mobility, Inc. (NASDAQ: BLDE) announced its CEO, Rob Wiesenthal, will present at the 24th Annual Needham Growth Conference on Thursday, January 13, at 10:45 am ET. A live webcast will be available HERE, with a replay accessible until April 13, 2022, on the company’s investor relations website.
Blade focuses on providing cost-effective air transport alternatives and is positioned for a transition to Electric Vertical Aircraft, enhancing environmental sustainability.
Blade Air Mobility reported fiscal fourth quarter revenues increased 144% to $20.3 million compared to 2020, and 28% higher versus 2019. Full-year revenues reached $50.5 million, marking a 116% increase from 2020. Blade maintains $305 million in cash for acquisition strategies, enhancing its standing as the largest Urban Air Mobility entity in North America. The company has seen a resurgence in Short Distance business, nearing pre-covid revenue levels. However, net loss for the quarter rose to $9.2 million.
Blade Air Mobility (BLDE) announced an acquisition of Helijet International, enhancing its scheduled air mobility services. Helijet generated approximately
Blade Air Mobility, Inc. (NASDAQ: BLDE) announced CEO Rob Wiesenthal's presentation at the Credit Suisse 25th Annual Technology Conference on Wednesday, December 1, at 1:40 pm ET. A webcast will be available HERE, with a replay accessible until March 1, 2022, on the investor relations site. Blade focuses on reducing travel friction through cost-effective air transportation, utilizing helicopters, amphibious aircraft, and transitioning to Electric Vertical Aircraft (eVTOL).
Blade Air Mobility has enhanced its services by launching a helicopter route connecting Manhattan to Newark Airport, available six days a week at $195 per seat, or $95 for Blade passholders. A dedicated terminal space at Newark is in development, improving the travel experience and accommodating planned Electric Vertical Aircraft services. Blade's JFK route also continues to operate six days a week as passenger volumes surpass pre-COVID levels, driven by increased demand and the reopening of international travel.
Blade Air Mobility, Inc. (NASDAQ: BLDE) will announce its fiscal fourth quarter and full year financial results for the period ending September 30, 2021, on December 20, 2021, before market opening. The company plans to host a conference call at 8:00 am Eastern Time that same day, led by CEO Rob Wiesenthal and CFO Will Heyburn, where they will discuss the financial results and engage in a Q&A session. Access to the call and a webcast will be available on Blade's Investor Relations website.
Blade Air Mobility (NASDAQ: BLDE) has appointed Reggie Love to its Board of Directors, replacing David Zaslav, who is stepping down. Love, a Senior Advisor at Apollo Global Management, brings extensive leadership experience. The change comes after Blade's successful public listing, marking a pivotal moment for the company. Zaslav acknowledged the decision as timely, having played a significant role since the company’s inception. Blade aims to revolutionize air transportation with its innovative, eco-friendly solutions.
Blade Air Mobility, Inc. (NASDAQ: BLDE) has completed the acquisition of Trinity Air Medical, a multi-modal organ logistics company. This transaction, valued at approximately $23 million, includes 100% of Trinity's stock, which generated around $16 million in revenue in 2020. Additionally, there is potential contingent consideration based on Trinity achieving specific EBITDA growth targets over three years. The acquisition aims to enhance Blade's position in air mobility by integrating organ transportation capabilities.
Blade Air Mobility (Nasdaq: BLDE) has announced its acquisition of Trinity Air Medical, a company specializing in organ logistics and transportation. The deal, valued at approximately $23 million, is expected to enhance Blade's MediMobility business, which is already growing at over 60% annually. Trinity is profitable, with revenues of about $16 million in 2020. This acquisition will position Blade as the largest dedicated organ air transport provider in the U.S., leveraging Trinity's relationships with transplant centers and the potential for drone and eVTOL transport.
Blade Air Mobility, Inc. (Nasdaq:BLDE) announced that CEO Rob Wiesenthal will participate in the Deutsche Bank Virtual Technology Conference on Thursday, September 9th, at 4:30 PM ET. A webcast will be available here.
Blade aims to revolutionize air travel with its technology-driven platform, primarily using helicopters and amphibious aircraft, and plans to transition to Electric Vertical Aircraft, offering emission-free options for congested routes.
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