NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (NASDAQ:BLDE, "Blade"))), a global Urban Air Mobility company, announced its partnership with Ocean Casino Resort ("Ocean") to fly Ocean's guests by helicopter directly between Manhattan and Ocean's dedicated rooftop helipad in Atlantic City all summer long. Guests can book seats for $695 each way, beginning on Saturday, May 25, and every Saturday and Sunday in July and August through Labor Day Weekend. "This is a natural extension for Blad ...

The partnership is facilitated by GO7, a global leader in airline booking technologies. A hallmark of Blade's customer service and hospitality in New York City is its network of highly designed private lounges that evoke the Golden Age of Aviation, from the one-to-one personal service and amenities to the inspired art on the walls. In 2023, Blade opened their first European lounge at the Monaco heliport, and in early June, passengers at Nice International Airport can enjoy and unwind in one of their two new ...

NEW YORK, May 14, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, "Blade" or the "Company"), a technology-powered air mobility platform, today announced that Management will participate in the following investor conferences: About Blade Air Mobility Blade Air Mobility provides air transportation and logistics for hospitals across the United States, where it is one of the largest transporters of human organs for transplant, and for passengers, with helicopter and fixed wing services primaril ...

Blade Air Mobility, Inc. (NASDAQ:BLDE) Q1 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Company Participants Matt Schneider - Vice President, Investor Relations and Strategic Finance Rob Wiesenthal - Founder and Chief Executive Officer Will Heyburn - Chief Financial Officer Conference Call Participants Jason Helfstein - Oppenheimer Edison Yu - Deutsche Bank Jon Hickman - Ladenburg Thalmann Bill Peterson - JPMorgan Operator Good morning, ladies and gentlemen and welcome to the Blade Air Mobility Fisca ...

er in 8 Table of Contents 9 BLADE AIR MOBILITY, INC. Notes to Unaudited Interim Condensed Consolidated Financial Statements (amounts in thousands, except share, per share data and exchange rates) One vendor accounted for 14% of the Company's purchases from operating vendors for the three months ended March 31, 2024. One vendor accounted for 12% of the Company's purchases from operating vendors for the three months ended March 31, 2023. One vendor accounted for 18% of the Company's outstanding accounts payab ...

| --- | --- | --- | --- | --- | |----------------------------------------|-------|--------------------------------------------------|-------|-----------------| | Net cash used in operating activities | $ | Three Months Ended March 31, \n2024 \n(15,551) | $ | 2023 \n(16,855) | | Capitalized software development costs | | (311) | | — | | Purchase of property and equipment | | (816) | | (646) | | Free Cash Flow | $ | (16,678) | $ | (17,501) | LAST TWELVE MONTHS DISAGGREGATED REVENUE BY PRODUCT LINE (in thousan ...

The overarching theme this earnings season is ‘beat and hold.’ Even though the biggest fishes in the stock market will likely surpass consensus estimates, you’re unlikely to see encouraging price action. Hence, amidst subdued market enthusiasm, would it be wise to invest in some promising penny stocks to buy at this time?Penny stocks tend to be high-risk, high-reward investments, which is the opposite of what investors seek now. Nevertheless, the contrarian investor would sense an opportunity, especially wi ...

At one point Cathie Wood was the hottest money manager on Wall Street. Her family of Ark Invest exchange-traded funds (ETF) grew at a blistering pace, at one point doubling the returns for investors. But the tech sector downturn was hard on her funds, and she has lagged behind the S&P 500.Over the past three years, her ETFs are down an average of 50% while the broad index is up almost 25%. That 75 percentage point delta is a harsh reality for some investors. But it still pays to keep abreast of what Wood bu ...

In investing, the allure of penny stocks attracts seasoned investors and newcomers alike. Small-cap stocks often trade on mere cents, but they can potentially yield massive returns. They are serving as the groundwork for the next generation of millionaire-makers. Within this space, three standout entities emerge as captivating protagonists.The first one orchestrates strategic acquisitions to boost its reach in the companion animal healthcare market. The second booms towards profitability through fleet expan ...

Navigating the stock market is a tough job. With stocks flying high left and right, getting caught in the FOMO and excessive investor exuberance is easy. As another side effect, FOMO can also eclipse smaller, less noticeable stocks that have the potential to supercharge your returns.  Despite this, there are some stocks to supercharge returns for investors.There are many reasons why such stocks fly below other investors’ radars. Perhaps they’re not in a popular sector, or their offerings haven’t seen widesp ...