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Blade Air Mobility, Inc. - BLDE STOCK NEWS

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. (NASDAQ: BLDE) is a leading technology-driven air mobility platform headquartered in New York City. The company specializes in providing air transportation and logistical solutions primarily for the medical and passenger sectors. Its core business involves the transportation of human organs for transplant and supporting medical teams, predominantly in the Northeast United States. Blade is recognized as one of the largest air transporters of human organs in the country, ensuring critical logistical support for hospitals.

Beyond its medical services, Blade offers helicopter and fixed-wing aviation services to passengers, with operations extending into Southern Europe and Western Canada. This dual-segment operation allows Blade to diversify its revenue streams, although the majority comes from its Medical segment. In addition to medical transport, Blade provides donor logistics coordination and assistance in evaluating potential donor organs, making them a crucial link in the organ transplantation process.

Blade's asset-light business model is underpinned by its exclusive passenger terminals and proprietary technology platforms. This infrastructure is designed to facilitate a seamless transition to Electric Vertical Aircraft (EVA or eVTOL), which promises quieter, emission-free, and lower-cost air mobility options. The company aims to pioneer this transition and integrate EVA technology into its services, enhancing both efficiency and sustainability.

Recent achievements include expanding their operational footprint and bolstering partnerships across various regions. Despite challenges posed by market conditions and external factors like the COVID-19 pandemic, Blade continues to adapt and evolve, positioning itself for future growth.

Stay updated on the latest developments and performance metrics of Blade Air Mobility, Inc. (BLDE) by following our detailed news section. From financial reports to strategic initiatives, we provide comprehensive insights into all facets of the company’s operations.

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Blade Air Mobility, Inc. (BLDE) will present at the Baird’s 2024 Vehicle, Technology, and Mobility Conference on February 29, 2024. The webcast will be accessible on their website.
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Blade Air Mobility, Inc. (BLDE) will release financial results for Q4 and the year 2023 on March 12, 2024. The conference call will feature CEO Rob Wiesenthal and CFO Will Heyburn for a Q&A session. Registration for the call is required, with a webcast available on the company's website.
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Blade Air Mobility, Inc. (BLDE) appoints Rémi Bouysset as CEO of Blade Europe, enabling helipad-side security clearance at Nice Airport for passengers. Bouysset brings 30 years of experience in travel, hospitality, and luxury sectors, including roles at Carlson Wagonlit Travel, Hogg Robinson Group France, and Ponant. The new security screening facility at the airport aims to enhance time savings and convenience for helicopter passengers, connecting them directly to departing gates of their commercial flights.
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Blade Air Mobility, Inc. will present at the 26th Annual Needham Growth Conference on January 17, 2024. The event will be webcasted and a replay will be available on the company's investor relations section of the website.
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Blade Air Mobility, Inc. (Nasdaq: BLDE) CEO Rob Wiesenthal will present at the 2023 Raymond James TMT and Consumer Conference on December 6, 2023. A webcast of the event will be available on the company's website.
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Blade Air Mobility, Inc. (BLDE) CEO to Present at 2023 UBS Global Technology Conference
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Blade Air Mobility, Inc. (Nasdaq: BLDE) announced positive financial results for Q3 2023, with net cash from operating activities of $2.0 million, achieving positive Free Cash Flow of $1.3 million. Revenue increased by 56% to $71.4 million, and Adjusted EBITDA profitability was $0.8 million. The company also made significant progress on strategic objectives, including the implementation of on-tarmac security screening at Nice International Airport and the launch of a new organ placement service for medical customers.
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Blade Air Mobility, Inc. will present at the Baird 2023 Global Industrials Conference on November 9, 2023. The presentation will be available via webcast and a replay will be provided on the company's investor relations website.
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Blade Air Mobility, Inc. has announced the opening of a shareholder Q&A platform for its upcoming conference call to discuss financial results for Q3 2023. Shareholders can submit and upvote questions to management. The call will take place on November 8, 2023, at 8:00am ET. An audio-only webcast will be available on the company's website.
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Blade Air Mobility and NBAA partner to offer helicopter shuttle flights for NBAA-BACE attendees
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FAQ

What is the current stock price of Blade Air Mobility (BLDE)?

The current stock price of Blade Air Mobility (BLDE) is $3.84 as of December 20, 2024.

What is the market cap of Blade Air Mobility (BLDE)?

The market cap of Blade Air Mobility (BLDE) is approximately 310.5M.

What is Blade Air Mobility, Inc.?

Blade Air Mobility, Inc. is a technology-powered air mobility platform that provides air transportation and logistics services, primarily for medical purposes and passengers.

Where does Blade operate?

Blade operates predominantly in the Northeast United States, Southern Europe, and Western Canada.

What are the main services offered by Blade?

Blade offers transportation of human organs for transplant, logistical support for medical teams, and helicopter and fixed-wing services for passengers.

What is the significance of Blade's Medical segment?

Blade's Medical segment is crucial as it generates the majority of the company's revenue by transporting human organs for transplant and providing logistical support for medical teams.

What technology is Blade integrating into its services?

Blade is integrating Electric Vertical Aircraft (EVA or eVTOL) technology to offer quieter, emission-free, and more cost-effective air mobility solutions.

How does Blade's asset-light model work?

Blade's asset-light model relies on exclusive passenger terminals and proprietary technologies rather than owning a large fleet of aircraft, which helps reduce operational costs.

How has Blade adapted to challenges like the COVID-19 pandemic?

Blade has adapted by evolving its services and expanding its operational footprint, ensuring continuous growth despite market and external challenges.

What are Blade's future growth prospects?

Blade aims to pioneer the transition to EVA technology and expand its services, ensuring sustainable and efficient air mobility solutions.

How can I stay updated on Blade's latest news?

You can stay updated on Blade's latest news by following the detailed news section on StockTitan, which provides comprehensive insights into the company's operations and developments.

Who can I contact for more information about Blade?

For media relations, contact Lee Gold at press@blade.com. For investor relations, contact Lee Gold at investors@blade.com.

Blade Air Mobility, Inc.

Nasdaq:BLDE

BLDE Rankings

BLDE Stock Data

310.52M
64.12M
8.25%
73.84%
4.34%
Airports & Air Services
Air Transportation, Nonscheduled
Link
United States of America
NEW YORK