HI Uplift: Joby’s Blade acquisition ‘speeds path to commercialisation’news Mike Stones 15 Aug 25 0Joby Aviation’s acquisition of Blade Air Mobility will accelerate the eVTOL developer’s path to commercialisation of its air taxi services, a spokesperson tells us. “Blade… Read more
Blade says passenger segment sale is ‘transformational’news Fayaz Hussain 7 Aug 25 0New York-based aviation company Blade Air Mobility said the move to divest its passenger business to electric vertical take off and landing aircraft company Joby… Read more
Joby to acquire Blade’s passenger businessnews Yves Le Marquand 4 Aug 25 0Joby Aviation has agreed to acquire Blade Air Mobility’s passenger transportation business. Passenger operations are expected to continue as normal, remaining under the leadership of… Read more
Blade reports strong Q2 revenue and margin growthnews Fayaz Hussain 12 Aug 24 0Blade Air Mobility reported financial results for the second quarter of 2024 with revenue climbing 11% year-over-year to $67.9m. This growth was evenly distributed across… Read more
Blade Air posts 13.8% revenue growth in Q1 2024news Fayaz Hussain 8 May 24 0Blade Air Mobility has announced topline growth of 13.8% to $51.5m in first quarter (Q1) results, following significant growth in the sales revenue from its… Read more
MEDICAL BUSINESS SHINES AS BLADE REPORTS Q4 2023 RESULTSnews Yves Le Marquand 13 Mar 24 0Blade’s organ transport service continues to expand as revenue increased 47.9% to $32m in the fourth quarter (Q4) of 2023. Driven partly by the addition… Read more
Blade Air Mobility reports stellar Q3 performancenews Fayaz Hussain 8 Nov 23 0Blade Air Mobility announced its financial results for the third quarter of 2023, highlighted by a 56% year-on-year (YoY) surge in revenue to a record… Read more
Blade’s record Q2 revenues ‘show the plan is working’news Yves Le Marquand 11 Aug 23 0Blade’s record second-quarter (Q2) revenues of $61m, up over 70% on the same period last year, “illustrates the value proposition” of its business model, said CEO… Read more
Blade deal forms North America’s largest UAM businessnews Alasdair Whyte 7 Dec 21 0Blade Urban Air Mobility acquired scheduled helicopter operator Helijet International’s flights, making it the largest urban air mobility service in North America. For $12m, Blade… Read more
Blade Air Mobility to acquire Trinity Air Medicalnews Alasdair Whyte 22 Sep 21 0Blade Air Mobility has entered into a $23m definitive agreement to acquire US-based organ logistics company Trinity Air Medical. It will purchase 100% of the… Read more
Blade to go public via SPAC at $825mnews Alasdair Whyte 16 Dec 20 0Helicopter operator Blade is the latest company to go public via a merger with blank check company Experience Investment Corp., an affiliate of KSL Capital… Read more
American helicopter app takes service to Mumbainews Alasdair Whyte 6 Dec 18 0Blade, a helicopter-ride app launched in 2014, has announced plans to extend its service to India’s financial capital Mumbai. This will be the company’s first… Read more
Blade partners with Uber for Coachella festival helicopter charter servicenews Alasdair Whyte 29 Mar 16 0Blade the New York-based private helicopter service has partnered with transport app company Uber to provide charter flights to the Coachella music festival in California.… Read more
