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 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
Replays will be on the company’s investor relations page.
Blade Air Mobility, Inc. (NASDAQ: BLDE) is set to release its financial results for the fiscal second quarter ending June 30, 2022, on August 9, 2022, before the market opens. The results will be discussed in a conference call at 8:00 AM ET, hosted by CEO Rob Wiesenthal and CFO Will Heyburn. Participants can join via telephonic access or through a webcast available on the Investor Relations section of the company’s website. Additionally, a replay will be accessible until August 23, 2022.
Blade Air Mobility has partnered with JetBlue to integrate its Blade Airport service into JetBlue's TrueBlue loyalty program through 2023. This partnership allows JetBlue's Mosaic+ members to access complimentary helicopter transfers to and from JetBlue flights. Additionally, JetBlue's loyalty members will benefit from discounted Blade flights. Blade is expanding routes, including new daily service from BLADE Lounge East in Manhattan to JFK, enhancing travel efficiency for passengers.
Blade Air Mobility, Inc. (NASDAQ: BLDE) announced that CEO Rob Wiesenthal will present at the 50th Annual J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 25, 2022, at 3:10 pm ET. A live webcast will be accessible HERE. Blade focuses on reducing travel congestion by offering cost-effective air transportation solutions, primarily using helicopters and amphibious aircraft.
Blade Air Mobility has signed a definitive agreement to acquire the asset-light commercial passenger transport activities of three European operators, including Monacair and Héli Sécurité, for €48 million (US$50 million). The Air Carriers generated €30 million in revenues in 2019. This acquisition is expected to boost Blade's cash flow, enhance profitability, and expand its operations in Europe, particularly around the upcoming Monaco Grand Prix. Blade aims to develop branded terminals and pursue Electric Vertical Aircraft integration, solidifying its position as a leader in urban air mobility.