Blade(BLDE) - 2024 Q3 - Quarterly Results
Blade(BLDE)2024-11-12 12:23
Exhibit 99.1 November 12, 2024 Blade Air Mobility Announces Third Quarter 2024 Results • Operating Cash Flow increased by $4.3 million to $6.4 million in Q3 2024; Free Cash Flow, Before Aircraft Acquisitions, increased by $2.4 million to $3.7 million in Q3 2024 (1) • Medical Segment Adjusted EBITDA improved 15.1% in Q3 2024 versus the prior year • Passenger Segment Adjusted EBITDA increased by $2.8 million and we achieved trailing twelve month Segment Adjusted EBITDA profitability in Q3 2024, well ahead of ...