Group 1 - The article initiates coverage on Blade Air Mobility (NASDAQ: BLDE) with a "Buy" rating and an investment horizon of 24 months, indicating a positive outlook for the company [1] - Blade Air Mobility is described as having a unique business model, suggesting differentiation in its operations compared to competitors [1] - The stock of Blade Air Mobility is considered undervalued, presenting a potential investment opportunity [1]

NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), today announced the opening of the shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the third quarter ended September 30, 2024. Blade will conduct the call at 8:00am ET on Tuesday, November 12, 2024. Starting today, any shareholder will be able to submit and upvote questions to management of the Company. To submit questions ahead of the confe ...

Blade Air Mobility NASDAQ: BLDE is not only a stock with an interesting name, but it could also be a bigtime investment, according to Wall Street analysts. Its average price target of $7.30, implies this stock could provide a double bagger return or greater. Blade Air Mobility Today BLDE Blade Air Mobility $2.85 -0.06 (-2.06%) 52-Week Range $2.06 ▼ $4.24 Add to Watchlist However, the skies haven't been all that clear lately for the firm's share price. The company's three-year total return is -67%, and year ...

NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, "BLADE"), a global Urban Air Mobility company that runs scheduled flights year-round between Nice and Monaco every 30 minutes, announces its interline partnership with leading global airline, Qatar Airways. This partnership enables Qatar Airways passengers to travel to or from Monaco on a single ticket, seamlessly connecting from their commercial airline to a BLADE helicopter that will fly them into the heart of Monaco. Upo ...

Nisian Hughes/DigitalVision via Getty Images Blade Air Mobility, Inc. (NASDAQ:BLDE) reported solid results in Q2, achieving its first positive adjusted EBITDA quarter as a public company. Medical revenue continues to grow and jet revenue bounced back in the second quarter. Overall growth is sluggish, though, as Blade has been pulling back from activities with questionable economics, creating a growth headwind. I previously suggested that while Blade's valuation was low, it was on a collision course with Tra ...

The flying car industry is evolving at a rapid rate due to the integration of various technologies and funding by corporations. By 2025, the sector is expected to grow tremendously with electric vertical take-off and landing (eVTOL) vehicles as the new generation of transport. These innovations aim to change the way people move around in cities, how disasters are managed, and even how healthcare is delivered to people in remote regions of the globe. As a result of some fears and anxieties in the market, the ...

Blade Air Mobility, Inc. (NASDAQ:BLDE) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM 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 Jon Hickman - Ladenburg Thalmann Operator Good afternoon, ladies and gentlemen, and welcome to the Blade Air Mobility Fi ...

Blade Air Mobility, Inc. (BLDE) came out with a quarterly loss of $0.06 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.11 per share a year ago. These figures are adjusted for nonrecurring items. A quarter ago, it was expected that this company would post a loss of $0.13 per share when it actually produced a loss of $0.06, delivering a surprise of 53.85%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Blade Air Mobility, which belon ...

Table of Contents bl f C UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from to Commission File Number 001-39046 BLADE AIR MOBILITY, INC. | --- | --- | --- | --- | --- | |-------------------------------------- ...

Exhibit 99.1 August 7, 2024 Blade Air Mobility Announces Second Quarter 2024 Results • Highest quarterly Medical revenue since inception of $38.3 million in Q2 2024, a 6.4% sequential increase versus Q1 2024 • Highest quarterly Medical Segment Adjusted EBITDA since inception of $5.5 million in Q2 2024, up 82.7% versus the prior year period • First Q2 with positive Passenger Segment Adjusted EBITDA as a public company, improved by $2.9 million versus the prior year period | --- | --- | --- | --- | --- | --- ...