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.
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Blade Air Mobility reported a 187% increase in revenue to $26.6 million for Q1 2022, driven by growth in MediMobility Organ Transport and Jet revenues. The company added 14 new organ transportation clients and achieved a record passenger run-rate of 25,000 per week at Blade Airport. However, net loss rose to $11 million, attributed to increased general and administrative costs. Despite margin compression, Blade anticipates recovery and improved utilization as travel demand rebounds post-COVID.
Blade Air Mobility, Inc. (NASDAQ: BLDE) will announce financial results for the first fiscal quarter ending March 31, 2022, on May 10, 2022. A conference call led by CEO Rob Wiesenthal, President Melissa Tomkiel, and CFO Will Heyburn will occur at 8:00 am Eastern Time on the same day, featuring a Q&A session. Participants can call 1-855-656-0926 or access a webcast via the company's Investor Relations website. Blade focuses on reducing travel friction through air mobility solutions and is a major transporter of organs for transplants.
Blade Air Mobility, Inc. (NASDAQ: BLDE) announces the establishment of Blade Europe, headquartered in Paris, France. The company has appointed Sabrina Barbera as Executive Director and Anne-Pascale Guedon as Executive Vice President of Business Development for the new entity. Barbera and Guedon bring nearly 40 years of combined experience from their roles at Airbus, focusing on urban air mobility and Electric Vertical Aircraft. These strategic appointments aim to enhance Blade's European expansion and capitalize on growth opportunities in the aviation sector.
Blade Air Mobility (NASDAQ:BLDE) announced a significant expansion in its organ transportation operations. The company has added 14 transplant centers, now serving over 40 hospital clients across 20 states. With partnerships including Mount Sinai and Piedmont Hospital, Blade enhances its position as the largest dedicated air transporter of human organs in the U.S. The addition of more dedicated aircraft will allow for improved organ transport efficiency, reducing time and costs. The MediMobility division aims to utilize Electric Vertical Aircraft for future operations, enhancing service delivery.
Blade Air Mobility, Inc. (NASDAQ: BLDE) has announced helicopter and jet services between Los Angeles and Indio, California, during the desert festival weekends from April 14th to 25th, starting at $975 per seat. This initiative aims to alleviate traffic congestion, providing attendees with 40-minute flights instead of lengthy drives. Blade's collaboration with St. James Organic Green Tea enhances the passenger experience with exclusive lounge access at Thermal Airport. Blade continues to expand its services on the West Coast, emphasizing its commitment to urban air mobility and operational excellence.
Blade Air Mobility, Inc. (NASDAQ: BLDE) announced that CEO Rob Wiesenthal will present at the 2022 Citi Global Industrial Tech and Mobility Conference on February 24 at 11:20 am ET. A live webcast will be accessible HERE, with a replay available on the company’s investor relations website. Blade focuses on providing cost-effective air transportation solutions and is a leader in air medical transport for organ transplants.
Blade Air Mobility (Nasdaq:BLDE) reported a remarkable 208% increase in Q4 2021 revenues to $24.6 million, and a 156% annual growth reaching $67.2 million, exceeding expectations. The total number of passengers surged by 215% year-over-year. Notably, MediMobility's revenues rose 227%, backed by new hospital clients. Flight margin improved to 16% from -11% pre-COVID, although net income was $0.8 million, recovering from losses in 2020 and 2019. The ongoing COVID impact remains limited, with positive revenue trends expected in early 2022.
Blade Air Mobility (NASDAQ: BLDE) has announced a partnership with the Los Angeles Rams to provide helicopter services for guests during a key week of events. Services include helicopter charters from several Los Angeles area airports to the Rams’ hospitality location, featuring a new passenger lounge. Blade aims to demonstrate its operational capabilities amidst significant traffic congestion at major venues. This initiative highlights Blade's focus on enhancing urban mobility and reducing ground congestion through aerial solutions.
Blade Air Mobility, Inc. (NASDAQ: BLDE) is set to release its financial results for the three months and calendar year ending December 31, 2021, on February 10, 2022, after market hours. A conference call hosted by CEO Rob Wiesenthal and CFO Will Heyburn will follow at 4:30 PM ET. This will mark the first reporting period after the company shifted its fiscal year-end from September 30 to December 31. The transition period's results will be filed as a 10-QT report.
Blade Air Mobility, Inc. (NASDAQ: BLDE) announced its CEO, Rob Wiesenthal, will present at the 24th Annual Needham Growth Conference on Thursday, January 13, at 10:45 am ET. A live webcast will be available HERE, with a replay accessible until April 13, 2022, on the company’s investor relations website.
Blade focuses on providing cost-effective air transport alternatives and is positioned for a transition to Electric Vertical Aircraft, enhancing environmental sustainability.
