Blade Air Mobility Inc Stock Price, News & Analysis

Blade Air Mobility, Inc. (Nasdaq: BLDE) will have its Chief Financial Officer, Will Heyburn, present at the 25th Annual Needham Growth Conference on January 11, 2023, at 3:00 PM ET. A webcast of the presentation will be available here, with a replay accessible on their investor relations section shortly thereafter. Blade is dedicated to transforming air travel by using innovative technologies and aims to reduce congestion through efficient air transport solutions.

Blade Air Mobility (Nasdaq: BLDE) will present at the Ladenburg Thalmann Virtual Technology Expo on December 7, 2022, at 1:00 PM ET. CEO Rob Wiesenthal will lead the presentation, with a webcast available HERE. The event will also have a replay on the investor relations page shortly after. Blade focuses on technology-powered air transportation, including helicopters and eVTOLs, aiming to alleviate congested routes while being environmentally friendly.

Blade Air Mobility, Inc. (Nasdaq: BLDE) announced its participation in two upcoming investor conferences. The Credit Suisse 26th Annual Technology Conference features a fireside chat with CEO Rob Wiesenthal on November 30, 2022, at 3:00 PM ET. A webcast will be available here.

Additionally, the Raymond James Technology Investors Conference will include a chat with CFO Will Heyburn on December 7, 2022, at 9:10 AM ET, with a webcast accessible here.

Blade Air Mobility reported a 125% increase in Q3 2022 revenue, totaling $45.7 million, compared to $20.3 million in the previous year. Year-to-date revenue surged 154% to $108 million. The company achieved 801% growth in MediMobility Organ Transport revenue, driven by new client acquisitions and growth with existing clients. Flight Profit increased 108% to $9.3 million. Despite these gains, Blade reported a net loss of $9.2 million, unchanged from the prior year. The acquisition of Blade Europe was completed in September 2022, enhancing Blade's global presence.

Blade Air Mobility (Nasdaq: BLDE) will announce its financial results for Q3 2022 on November 9, 2022, after market close. A conference call with management is scheduled for 4:30 PM ET on the same day to discuss these results. Blade focuses on providing efficient air transportation solutions, primarily using helicopters and amphibious aircraft, while also being a leading air medical transporter of organs. The company aims to transition to Electric Vertical Aircraft, promoting emission-free travel.

BLADE India has signed a purchase order for up to 200 eVTOL aircraft from Eve Air Mobility, with an initial commitment of 50,000 flight hours annually. This partnership aims to address India's urban mobility challenges through a pilot project launching helicopter flights in a major city. BLADE India will use insights from its operations to enhance Eve's eVTOL technology and Urban Air Traffic Management systems. The collaboration is expected to promote zero-emission air transport solutions in India, making air travel more accessible amidst significant traffic congestion.

Blade Air Mobility, Inc. (NASDAQ: BLDE) announced participation in the Citi 2022 Global Technology Conference on September 7, 2022, at 4:45 PM ET. The management team will present insights on Blade's technology-driven air mobility platform, which offers efficient air transportation alternatives and is a leading air medical transporter. The event can be accessed via a webcast, with a replay available on the company’s investor relations website. Blade focuses on reducing travel friction using helicopters and amphibious aircraft and aims for a seamless transition to Electric Vertical Aircraft.

Blade Air Mobility, Inc. (BLDE) reported impressive financial results for Q2 2022, with revenue up 175% year-over-year to $35.6 million, and 180% growth for the first half of the year. The MediMobility Organ Transport segment soared 1,013% annually, buoyed by the acquisition of Trinity Air Medical. Q2 flight margin improved to 14.3% from 11.0% in Q1 2022. Net income shifted to $8.4 million compared to a loss of $24.3 million a year prior, attributed to increased revenue and changes in warrant liabilities. The company is set to finalize three European acquisitions, enhancing its market position.

Blade Air Mobility, Inc. (NASDAQ: BLDE) will participate in two upcoming investor conferences. The first is the Oppenheimer Technology, Internet & Communications Conference on August 9, 2022 at 2:55 pm ET, with a webcast available HERE. The second is the Jefferies Industrial Conference on August 10, 2022 at 1:30 pm ET, with a webcast available HERE.

Replays will be on the company’s investor relations page.