CARLSBAD, Calif., Nov. 24, 2025 (GLOBE NEWSWIRE) -- Premier Air Charter Holdings Inc. (OTCID: PREM) (“Premier Air Charter,” “Premier,” “PAC,” or the “Company”) welcomed professional golfer and SiriusXM radio host Rocco Mediate for an exclusive tour of its facilities, where he met and spoke with team members across multiple departments. Widely celebrated for his distinguished career, Mediate has earned six PGA Tour titles and added five more victories on the PGA Tour Champions (including a Senior PGA Champio ...

Air charter solutions provider Chapman Freeborn has appointed Saska Gerasimova as its new group CEO. The appointment aims to bring fresh perspectives to the company and strengthen its customer-centric approach for the future of aviation. Gerasimova succeeds Eric Erbacher, who will now serve as chair of the Chapman Freeborn Holdings' Board of Directors. With experience in aviation leasing, logistics, air freight and fleet management, Gerasimova previously held the position of senior supply chain manager ...

Core Insights - Premier Air Charter Holdings, Inc. reported strong charter sales growth, reflecting sustained momentum and strategic expansion in key markets [2][3][6] - The company highlighted a 78% increase in charter sales revenue for Q3 2025 compared to the same quarter last year [6] - Total revenue for the nine months ended Q3 2025 rose by 34% year-over-year, driven by effective market execution [6] Financial Performance - Charter revenue for the nine months ended Q3 2025 increased by 41% compared to the same period last year [6] - Regional performance showed charter sales to Hawaii up by 25% and to Mexico up by 38% over the same period in 2024 [6] Strategic Focus - The company emphasizes its commitment to exceptional service and expansion in leisure and business travel corridors [3] - Premier Air Charter aims to deliver long-term value through disciplined growth and customer-centric innovation [3][4]

Core Insights - Premier Air Charter Holdings, Inc. reported strong charter sales growth, with a 78% increase in Q3 2025 compared to the same quarter last year, and a 41% increase in year-to-date charter revenue through Q3 2025 [6] - Total year-to-date revenue rose by 34%, driven by strategic execution and responsiveness to market demands [6] - The company is expanding its presence in key markets such as Hawaii and Mexico, with charter sales to Hawaii up 25% and Mexico up 38% over the same period in 2024 [6] Company Performance - The latest results reflect the company's sustained momentum and strategic expansion across key markets, highlighting its commitment to exceptional service [2][3] - Chairman Vincent Monteparte emphasized the strength of the company's market positioning and the success of scaling operations in high-potential regions [3] Company Overview - Premier Air Charter Holdings Inc. is based in Carlsbad, California, and specializes in aircraft charter services, focusing on reliability, innovation, and sustainability [4] - The company aims to exceed client expectations and foster lasting relationships, positioning itself as a preferred choice for private air travel worldwide [4]

Core Insights - Premier Air Charter Holdings, Inc. is actively pursuing growth and market expansion along the Eastern seaboard through strategic outreach efforts [1] - Recent high-impact meetings in New York City aimed at strengthening commercial relationships and identifying new route opportunities [2] - The company is focused on enhancing charter offerings and optimizing broker partnerships to align with evolving customer preferences [3] Strategic Initiatives - Premier Air Charter is executing a strategic roadmap that emphasizes expanding service coverage and deepening broker relationships [4] - The company aims to position itself as a preferred provider of private air travel along the East Coast [4] - Insights gained from recent meetings will inform the expansion of the fleet with newer and larger planes to meet customer demands [5] Company Overview - Premier Air Charter Holdings Inc. is based in Carlsbad, California, and specializes in bespoke aviation solutions [6] - The company focuses on reliability, innovation, and sustainability to exceed client expectations and foster lasting relationships [6]

Financial Data and Key Metrics Changes - Blade Air Mobility achieved its first full year of adjusted EBITDA profitability with a $17.8 million year-over-year improvement in adjusted EBITDA for 2024 [8] - Revenue, excluding Canada, increased by 22.1% in Q4 2024 compared to the prior year, while Q4 flight profit rose by 40% year-over-year [9][10] - The company reported $127 million in cash and short-term investments at the end of 2024, with no debt [20][29] Business Line Data and Key Metrics Changes - Passenger segment adjusted EBITDA margin expanded by over 16 percentage points year-over-year, approaching break-even, driven by a 630 basis point improvement in flight margin and an 18% reduction in adjusted SG&A [23] - Medical revenue rose 13.7% year-over-year to $36.4 million, with adjusted EBITDA margin improving by over 700 basis points to 15.1% in Q4 2024 [24][26] - The passenger segment achieved $3.6 million of adjusted EBITDA for the full year 2024, an increase of $8.6 million versus the prior year [11] Market Data and Key Metrics Changes - The company noted a 2% sequential decline in heart, liver, and lung transplant volumes in Q4 2024 compared to Q3 2024, which was less than anticipated [25] - Early results from European restructuring showed strong year-over-year revenue growth and profitability improvement during the winter ski season [14] Company Strategy and Development Direction - Blade is focused on maximizing growth in Urban Air Mobility, particularly through its New York City airport transfer service, which saw high teens year-over-year revenue expansion in Q4 [10] - The company is transitioning to electric vertical aircraft (eVTOL) and is optimistic about the future growth opportunities in the organ transplant logistics market [10][41] - A strategic partnership with Skyports Infrastructure aims to enhance ground infrastructure for advanced air mobility, supporting the transition to eVTOL [14][16] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the medical segment's growth, anticipating double-digit revenue growth in 2025 despite some uncertainty due to recent transplant volume trends [32][41] - The company expects to generate positive free cash flow before aircraft acquisitions, although cash flow will be impacted by elevated maintenance spending on owned aircraft [40] Other Important Information - Blade introduced a new mobile app to enhance user experience, offering features like easy flight booking and trip management [16] - The company is preparing for the launch of two new transplant centers in April, which will contribute to revenue growth [18] Q&A Session Summary Question: What catalysts will drive growth in the two businesses? - Management highlighted continued savings in SG&A and the onboarding of new customers in the medical segment as key growth drivers [50][52] Question: When can eVTOLs be expected? - Management anticipates eVTOLs may be operational in the Middle East by early 2026 and in the US by late 2027 or early 2028 [56][57] Question: How is the European market performing? - Management reported significant cost reductions and positive revenue growth in Europe, particularly during the ski season [73][75] Question: What is the strategy regarding passenger margins? - The company is optimizing its schedule and pricing strategy to enhance profitability rather than simply increasing seat count [82][86] Question: How will maintenance impact the Medical segment? - Management indicated that elevated maintenance in the first half of 2025 is due to time-based requirements and will affect operating leverage [100][102]

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 ...