CSIMarket
 
Blade Air Mobility Inc   (BLDE)
Other Ticker:  
 
 
Price: $2.7000 $0.08 3.053%
Day's High: $2.72 Week Perf: -32.33 %
Day's Low: $ 2.59 30 Day Perf: -12.9 %
Volume (M): 1,264 52 Wk High: $ 4.54
Volume (M$): $ 3,413 52 Wk Avg: $3.18
Open: $2.61 52 Wk Low: $2.06



 Market Capitalization (Millions $) 199
 Shares Outstanding (Millions) 74
 Employees 122
 Revenues (TTM) (Millions $) 225
 Net Income (TTM) (Millions $) -56
 Cash Flow (TTM) (Millions $) -15
 Capital Exp. (TTM) (Millions $) 2

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


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



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.

Management Changes

Blade Air Mobility Expands European Operations with New CEO Appointment and Enhanced Security Screening at Nice Airport

Published Thu, Feb 1 2024 1:30 PM UTC



Blade Air Mobility, Inc. has recently announced significant developments that will bolster its presence in the European market. The company has appointed Rmi Bouysset as the new CEO of Blade Europe, signaling its commitment to expanding its operations in the region. Additionally, Blade Europe passengers at Nice International Airport can now benefit from helipad-sid...

Blade Air Mobility Inc

Blade Air Mobility Inc Soars to New Heights in Latest Financial Quarter

Blade Air Mobility Inc, a technology-powered air mobility platform, reported zero gain per share for the third quarter of 2023, compared to a loss of $0.13 per share a year ago and $0.17 per share in the prior reporting period. This indicates a significant improvement in the company's financial performance.
The revenue for the third quarter of 2023 saw strong growth, increasing by 56.253% to $71.44 million from $45.72 million in the same period last year. Sequentially, the revenue improved by 17.139% from $60.99 million in the previous financial reporting period.

Blade Air Mobility Inc

Blade Air Mobility Inc's Financial Resilience: Revenue Growth Soars Amidst Losses

Blade Air Mobility's Financial Results Reflect Resilience in the Aviation Industry
As the economy begins to recover from the impacts of the pandemic, businesses across various sectors are releasing their financial results for the second quarter of 2023. For Blade Air Mobility Inc, the April to June 2023 time-frame highlighted both challenges and opportunities within the aviation industry. Despite reporting a loss per stock of $-0.17 per share, compared to $0.10 a year before, the company showcased strong revenue growth and signs of rising demand.
One of the key indicators of Blade Air Mobility's performance is its revenue, which grew by an impressive 71.159% to $60.99 million from $35.63 million in the same financial reporting period a year before. Moreover, sequentially, the company experienced a revenue surge of 34.72% from $45.27 million. These figures undoubtedly highlight the company's ability to adapt and capitalize on the improving business environment.

Blade Air Mobility Inc

Blade Air Mobility Inc Bounces Back with Increased Revenue, Easing First Quarter Shortfall

The recent financial report for Blade Air Mobility Inc highlights several concerning trends for investors to consider. The company's ability to collect accounts receivable has sequentially worsened, pointing to a challenging and deteriorating business climate for the Blank Checks industry. With an average receivable collection period of 27 days in the Mar 31 2023 quarter, compared to 24 days in the Dec 31 2022 quarter, it appears that Blade Air Mobility Inc is struggling to collect the revenue it is owed in a timely manner.
Furthermore, when compared to other companies in the Financial sector, Blade Air Mobility Inc's receivables turnover ratio was found to be comparatively lower. While their overall receivables turnover ratio total ranking has improved slightly, rising to 119 from the fourth quarter of 2022, this number is still concerning when compared to the sector average.






 

Blade Air Mobility Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Blade Air Mobility Inc does not provide revenue guidance.

Earnings Outlook
Blade Air Mobility Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com