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Blade Air Mobility Inc   (NASDAQ: BLDE)
Other Ticker:  
 
 
Price: $3.1100 $0.09 2.980%
Day's High: $3.21 Week Perf: 1.63 %
Day's Low: $ 3.06 30 Day Perf: -12.64 %
Volume (M): 484 52 Wk High: $ 5.14
Volume (M$): $ 1,506 52 Wk Avg: $3.46
Open: $3.10 52 Wk Low: $2.60



 Market Capitalization (Millions $) 243
 Shares Outstanding (Millions) 78
 Employees 109
 Revenues (TTM) (Millions $) 249
 Net Income (TTM) (Millions $) -27
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) 33

Blade Air Mobility Inc
Blade Air Mobility, Inc. is a technology-powered urban air mobility platform offering shared short-distance air transportation services through its network of private helicopters and fixed-wing aircraft. The company was founded in 2010 and is headquartered in New York, NY.

Blade provides on-demand air transportation services to urban and suburban travellers and businesses, including helicopter flights and private jet charters. The company operates flights in the Northeastern US and in Southern California, with plans to expand into other areas. Customers can easily book their flights using the Blade mobile application or web platform.

Blade has created an innovative business model in the aviation industry by combining the use of technology and helicopters to create efficient, affordable and accessible air transportation services. Blade has partnerships with leading helicopter operators, including Bristow, Helicopter Flight Services, Liberty Helicopters, and Zip Aviation, among others.

The company has also launched Blade Airport, a service that provides airport transfers between Manhattan and New York City area airports during peak travel times. Blade aims to provide customers with an alternative to regular ground transportation, which can be time-consuming due to traffic congestion and often leads to missed flights.

In addition, Blade has established a media platform, which provides a range of content, including in-flight media, destination content, and a social network for its users. The company also offers a variety of other experiences, including helicopter tours, luxury charters, and travel packages.

Blade is committed to providing safe and reliable air transportation services to its customers. The company has implemented stringent safety measures, including pilot training, aircraft maintenance, and flight tracking technology.

In 2021, Blade announced a merger with special purpose acquisition company Experience Investment Corp, which would make it a publicly traded company on the NASDAQ stock exchange. Blade's aim is to use the proceeds from this merger to scale its operations and verticalize its offerings further, including eVTOL transports.

In conclusion, Blade Air Mobility, Inc. is a leading technology-enabled aviation company providing an innovative and accessible travel experience with its helicopter and fixed-wing services. The company is committed to providing safe and reliable services, and is poised for growth with its planned expansion and future eVTOL transports.


   Company Address: 31 Hudson Yards New York 10001 NY
   Company Phone Number: 967-1009   Stock Exchange / Ticker: NASDAQ BLDE


   

Stock Performances by Major Competitors

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Partnership

Blade Air Mobility Partners with Qatar Airways for Direct Flights to Monaco Amid Financial Losses,

Published Wed, Sep 4 2024 1:29 PM UTC

Blade Air Mobility Expands Reach with Qatar Airways Partnership Amid Financial Challenges In a significant move for air travel connectivity, Blade Air Mobility, Inc. announced its partnership with Qatar Airways, allowing passengers worldwide to fly directly to Monaco on a single ticket. This collaboration aims to simplify travel for passengers, enabling them to transition fr...

Product Service News

Blade Air Mobility and Ocean Casino Resort Elevate Travel Experience, Offering Direct Flights from Manhattan to Atlantic City

Published Thu, May 16 2024 12:30 PM UTC

Blade Air Mobility and Ocean Casino Resort: Revolutionizing Travel between Manhattan and Atlantic CityHeading: Blade Air Mobility Partners with Ocean Casino Resort to Offer Direct Flights from Manhattan to Atlantic CityIn an exciting partnership, Blade Air Mobility, a leading air travel provider, has joined forces with the prestigious Ocean Casino Resort to offer direct heli...

Product Service News

Elevated Connections: Blade and Emirates Propel Urban Air Mobility Across Dubai and Monaco

Published Wed, May 15 2024 12:01 PM UTC

In a groundbreaking collaboration, Blade Air Mobility, Inc. has joined forces with Emirates to offer passengers seamless travel between Dubai and Monaco. By connecting Emirates flights at Nice International Airport to Blade s helicopter services, travelers can now experience a swift and convenient journey from their origin to their final destination. This innovative partners...

Blade Air Mobility Inc

Blade Air Mobility Inc Surges with Impressive Revenue Growth in Q1 2024 Earnings Season

Blade Air Mobility Inc, a leading company in the air mobility sector, has experienced some fluctuations in its share prices over the past month and year. In April, the company's shares dropped by 1.92%, although they have increased by 2.61% over the past 12 months. Currently, Blade Air Mobility Inc shares are trading on the NASDAQ at -0.5% below its 52-week average.
Despite these slight drops, Blade Air Mobility Inc has reported positive financial results for the first quarter of 2024. The company decreased its loss per share from $-0.14 to $-0.06 compared to the previous year. Additionally, earnings per share improved from $-0.44 to $0.51. This improvement in financial performance can be attributed to a 13.79% increase in revenue, reaching $51.51 million in the first quarter. Sequentially, revenue also advanced by 8.501% from the previous financial reporting period.

Blade Air Mobility Inc

Exceptional 24.5% Revenue Growth Propels Blade Air Mobility Inc. Forward in European Market

Blade Air Mobility, Inc. has recently made exciting announcements that will undoubtedly have a significant impact on its presence in the European market. The company has appointed Rmi Bouysset as the new CEO of Blade Europe, signaling its strong commitment to expanding its operations in the region. This strategic move is set to drive growth and solidify Blade's position as a major player in the European aviation industry.
Bouysset, a former executive at Carlson Wagonlit Travel, brings a wealth of industry knowledge and leadership experience to his new role. His expertise will undoubtedly prove invaluable in steering Blade Air Mobility towards success in the European market. With Bouysset at the helm, the company can expect to see accelerated growth and an expanded range of air mobility services throughout Europe.







Blade Air Mobility Inc's Segments
Passenger    51.84 % of total Revenue
Medical    48.16 % of total Revenue
Short Distance Passenger    43.21 % of total Revenue
Jet and Other Passenger    8.63 % of total Revenue
MediMobility Organ Transport Medical    48.16 % of total Revenue
United States    84.51 % of total Revenue
Other    15.49 % of total Revenue





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