Blade Air Mobility Announces Fourth Quarter 2024 Results

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 ...