Group 1 - Blade Air Mobility's business is progressing positively, but it has not yet attracted significant investor attention [1] - The company's Q4 results showed weaknesses, particularly in guidance amid a challenging demand environment [1] - Narweena, an asset manager, focuses on identifying market dislocations and believes in achieving excess risk-adjusted returns through secular growth opportunities [1] Group 2 - Narweena's research emphasizes company and industry fundamentals to uncover unique insights, targeting deeply undervalued stocks [1] - The firm has a high risk appetite and a long-term investment horizon, favoring smaller cap stocks and markets with less obvious competitive advantages [1] - The aging population and low growth rates are expected to create new investment opportunities, while many industries may face stagnation or decline [1] Group 3 - The economic landscape is shifting towards asset-light businesses, reducing the need for infrastructure investments over time [1] - A large pool of capital is pursuing a limited set of investment opportunities, leading to rising asset prices and compressed risk premia [1] - Richard Durant, the leader of Narweena, has a strong educational background in engineering, finance, and an MBA, along with passing the CFA exams [1]

Blade Air Mobility, Inc. (BLDE) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8.33%. A quarter ago, it was expected that this company would post a loss of $0.06 per share when it actually produced a loss of $0.03, delivering a surprise of 50%.Over the last four quarters, the company has su ...

Business Operations - Blade acquired ten fixed wing aircraft dedicated to the Medical segment, expected to account for approximately 17% of total flight costs and nearly one-third of Medical segment flying [26][28]. - Approximately 47% of Blade's flight costs in 2024 were pursuant to capacity purchase agreements (CPAs) that included flight volume guarantees [28]. - The asset-light business model allows Blade to utilize third-party aircraft, creating a predictable and flexible cost structure while minimizing economic risk [24][25]. - Blade's competitive strategy focuses on technology-enabled services and a diverse fleet to lower costs and improve customer satisfaction in both passenger and medical segments [36][39]. - The company discontinued certain flight services, including by-the-seat jet flights between New York and South Florida, to streamline operations [26]. Technology and Innovation - Blade's proprietary technology stack enables real-time tracking of organ transports and passenger flights, enhancing operational efficiency and scalability [29]. - The company aims to leverage Electric Vertical Aircraft (EVA) technology to reduce operating costs and transition to quieter, emission-free air mobility [30]. - Blade's MediMobility Organ Transport service includes logistics coordination and support for evaluating potential donor organs, enhancing efficiency in organ transportation [23][27]. Workforce and Employment - The company has a total of 322 employees, with 199 in the Medical segment and 91 in the Passenger segment, indicating a strong operational workforce [40]. Regulatory Compliance - Blade's operations are subject to various regulatory environments, including compliance with the U.S. Department of Transportation and Federal Aviation Administration regulations [41]. - The company is subject to various federal, state, and local environmental laws, including regulations on the discharge of materials and aircraft noise [57]. - The company must comply with HIPAA regulations regarding the handling of Protected Health Information (PHI), which includes implementing safeguards to ensure confidentiality and integrity [51]. - The company may face penalties under HIPAA for failing to comply with privacy and security regulations, including potential fines and lawsuits [51]. - The company is required to notify affected individuals and authorities in the event of a breach of unsecured PHI, particularly if it affects 500 or more individuals [51]. - The company is subject to fraud and abuse laws, including the federal Anti-Kickback Statute, which prohibits certain financial relationships that could influence referrals for healthcare services [53]. - Violations of fraud and abuse laws could result in significant civil and criminal penalties, including exclusion from federal healthcare programs [56]. - The company must provide specific notices to users regarding data collection and processing under regulations like GDPR and CCPA [49]. - The company is required to appoint a data protection officer to ensure compliance with GDPR regulations [48]. Company History - The company was previously known as Experience Investment Corp. and changed its name to Blade Air Mobility, Inc. after acquiring Blade Urban Air Mobility, Inc. in 2021 [58]. Financial Information - The company’s financial reports and other important information are available on its Investor Relations website and are filed with the SEC [59].

Blade Air Mobility, Inc. (NASDAQ:BLDE) Q4 2024 Earnings Conference Call March 13, 2025 8:00 AM ET Company Participants Matthew Schneider - Vice President, Investor Relations and Strategic Finance Robert Wiesenthal - Chief Executive Officer William Heyburn - Chief Financial Officer Conference Call Participants Jason Helfstein - Oppenheimer Edison Yu - Deutsche Bank Bill Peterson - JPMorgan Ben Klieve - Lake Street Capital Markets Operator Good morning, ladies and gentlemen, and welcome to the Blade Air Mobil ...

Exhibit 99.1 March 13, 2025 Blade Air Mobility Announces Fourth Quarter 2024 Results NEW YORK — (March 13, 2025) — Blade Air Mobility, Inc. (Nasdaq: BLDE, "Blade" or the "Company"), today announced financial results for the fourth quarter ended December 31, 2024. | | | | Three Months Ended December 31, | | | | Year Ended December 31, | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 2024 | | 2023 | % Change | 2024 | | 2023 | % Change | | Revenue | $ | 54,357 | $ | 47,478 | 14.5 % $ | ...

Full-year net loss improved by $28.8 million versus the prior year to $(27.3) million in FY 2024; Adjusted EBITDA improved by $17.8 million versus the prior year to $1.2 million in FY 2024(1)Full-year Passenger Segment Adjusted EBITDA of $3.6 million in 2024 represents an $8.6 million increase versus the prior year Q4 revenue increased 14.5% versus the prior year to $54.4 million in 2024. Excluding Canada, which we exited in August 2024, revenue increased 22.1% versus the prior year period(1)Net loss improv ...

Pilot program to inform Skyports and Blade about commuter demand, ground operation best practices and consumer experience ahead of eVTOL deploymentNEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade”), a technology-powered global air mobility platform, and Skyports Infrastructure (“Skyports”), a leading provider of ground infrastructure for advanced air mobility, announced an alliance today to launch a pilot program that will expand Blade’s existing by-the-seat helico ...

Core Points - Blade Air Mobility, Inc. announced the opening of a shareholder Q&A platform for its upcoming conference call to discuss financial results for Q4 and fiscal year ended December 31, 2024 [1][2] - The conference call is scheduled for March 13, 2025, at 8:00 am ET [1] - Shareholders can submit and upvote questions until March 12, 2025, at 9:30 am ET [2] Company Overview - Blade Air Mobility provides air transportation and logistics services, primarily for hospitals in the U.S., and is a major transporter of human organs for transplant [4] - The company operates helicopter and fixed-wing services mainly in the Northeast U.S. and Southern Europe [4] - Blade's asset-light model and exclusive passenger terminal infrastructure aim to facilitate a seamless transition to Electric Vertical Aircraft (EVA or eVTOL), promoting lower-cost, quiet, and emission-free air mobility [4]

Company Overview - Blade Air Mobility, Inc. is a provider of air transportation and logistics services, primarily for hospitals in the U.S., and is one of the largest transporters of human organs for transplant [4] - The company offers helicopter and fixed-wing services mainly in the Northeast U.S. and Southern Europe, utilizing an asset-light model and exclusive passenger terminal infrastructure [4] - Blade is focused on transitioning to Electric Vertical Aircraft (EVA or eVTOL) to enable lower-cost, quiet, and emission-free air mobility [4] Upcoming Conference Call - Blade will hold a conference call to discuss its financial results for Q4 and the fiscal year ended December 31, 2024, on March 13, 2025, at 8:00 AM ET [1] - A shareholder Q&A platform has been opened for shareholders to submit and upvote questions for management prior to the call, available until March 12, 2025, at 9:30 AM ET [2] - The audio-only webcast of the call can be accessed from the company's website, with a replay available for one year [3]

Wall Street expects a year-over-year increase in earnings on higher revenues when Blade Air Mobility, Inc. (BLDE) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on March 13, 2025, might help the stock move higher if these key numbers are b ...