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 (Nasdaq: BLDE) announced its participation in two upcoming investor conferences. The company will take part in the Bank of America Transportation, Airlines, and Industrials Conference on May 16, 2024, where CEO Rob Wiesenthal will join a fireside chat at 8:45 AM ET. Additionally, Blade will participate in the J.P. Morgan 52nd Annual Global Technology, Media, and Communications Conference on May 21, 2024, with CFO Will Heyburn featured in a fireside chat at 5:05 PM ET. Webcasts of both events will be available online.
Blade Air Mobility reported strong financial results for the first quarter ended March 31, 2024. The company achieved record-high Medical revenue of $36.0 million, a 34.6% increase from the prior year. Net loss improved by $6.0 million to $(4.2) million. Adjusted EBITDA also improved significantly. Blade confirmed guidance for Adjusted EBITDA profitability in 2024 and double-digit millions for 2025.
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