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.
Blade Air Mobility Inc (BLDE) delivers vital air transportation services through its dual focus on medical logistics and passenger mobility. This page provides investors and industry observers with direct access to the company’s official announcements, strategic developments, and operational updates.
Track earnings reports, partnership announcements, and technology initiatives shaping Blade’s role in medical organ transport and regional air travel. Stay informed about regulatory milestones, fleet expansions, and innovations in its asset-light operating model. Content is curated to support analysis of both short-term performance and long-term strategic positioning.
Bookmark this resource for streamlined access to Blade Air Mobility’s verified news flow. Regular updates ensure stakeholders maintain current insights into this technology-driven leader in critical transportation solutions.
Blade Air Mobility, Inc. (NASDAQ: BLDE) announced a 55% increase in Q4 2022 revenue to $38.1 million, driven by the acquisition of Blade Europe and Blade Canada. For the full year, revenue surged 118% to $146.1 million. Short Distance revenue rose 51% in Q4, while MediMobility Organ Transport revenue skyrocketed 120%. Flight Profit increased 38% to $5.4 million, although Flight Margin decreased to 14.3%. Despite a net loss of $15.4 million in the quarter, Blade remains optimistic about future growth, highlighting the non-discretionary nature of its medical services and a strategic focus on acquisitions to enhance air mobility capabilities.
Blade Air Mobility, Inc. (Nasdaq: BLDE) will present at the J.P. Morgan 2023 Industrials Conference on March 15, 2023, at 3:00 pm ET. CFO Will Heyburn will represent the company, focusing on its innovative technology in air mobility. A live webcast will be available here. A replay will be accessible on the investor relations section of Blade's website shortly after the event.
Blade offers cost-effective air transport solutions using helicopters and amphibious aircraft, focusing on easing congestion in key routes.
Blade Air Mobility, Inc. (Nasdaq: BLDE) will release its financial results for Q4 and the full year ended December 31, 2022, on March 14, 2023, prior to market opening. A conference call will follow at 8:00 am ET, hosted by CEO Rob Wiesenthal and CFO Will Heyburn, featuring a Q&A session. Interested parties can register for the call via the provided link. An audio-only webcast will be accessible on the company’s investor relations page, with a replay available for one year. Blade is committed to reducing travel friction with its air mobility platform, utilizing helicopters and amphibious aircraft, and is a leading air medical transporter of human organs for transplant.
Blade Air Mobility (Nasdaq: BLDE) successfully completed its first demonstration flight of BETA Technologies' ALIA-250, a piloted electric vertical aircraft (eVTOL), in the greater New York City region. This flight, held on February 14, 2023, at Westchester County Airport, signifies a crucial advancement in the partnership between Blade and BETA aimed at introducing safe, quiet, and sustainable air transport. The ALIA-250 features an all-electric propulsion system, significantly reducing noise levels to one-tenth that of conventional helicopters. Blade plans to deploy these aircraft in its dedicated terminal network, enhancing its urban air mobility offerings.
Blade Air Mobility, Inc. (Nasdaq: BLDE) has announced CEO Rob Wiesenthal's participation in two investor conferences. The first is the Baird 2023 Vehicle Technology and Mobility Conference on February 15, 2023, at 10:50 am ET, followed by the Citi 2023 Global Industrial Tech and Mobility Conference on February 23, 2023, at 8:00 am ET. Both events will feature fireside chats and can be accessed via webcasts. Replay links will be available on the company's investor relations page.
Blade is a global air mobility platform focused on reducing travel friction through cost-effective air transport, primarily using helicopters and amphibious aircraft.
Blade Air Mobility, Inc. (Nasdaq:BLDE) has announced that RedBird Capital Partners has increased its ownership stake in Blade to over 5%. This marks a continuation of a 20-year partnership between RedBird's CEO, Gerry Cardinale, and Blade's CEO, Rob Wiesenthal. The collaboration aims to enhance Blade's growth, particularly in urban air mobility and organ transplant flights, leveraging RedBird's extensive portfolio in aviation, sports, and entertainment. Blade focuses on seamless air transportation solutions, transitioning towards Electric Vertical Aircraft technology to improve cost efficiency and reduce emissions.
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.
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