Blade Air Mobility Inc. (BLDE)
NASDAQ (CM) NASDAQ (CM) Primary Summary
Joby Deal Gives Blade New Direction, But Stock Lacks Lift
It's been quite the week for Blade Air Mobility Inc. NASDAQ: BLDE. On August 4, Blade and Joby Aviation Inc. NYSE: JOBY announced the sale of Blade's passenger mobility business to Joby for up to $125 million.
Blade Air Mobility: Disappointing Exit
Blade Air Mobility sold its passenger/UAM division to Joby Aviation, shifting focus to medical organ transport and rebranding as Strata Critical Medical. The deal improves Blade's capital position but sacrifices the higher-growth air taxi opportunity, disappointing original investment expectations. Strata now controls 30% of the organ logistics market, with strong growth, solid profitability, and trades at an attractive valuation below 1x sales.
Blade Air Mobility, Inc. (BLDE) Q2 2025 Earnings Call Transcript
Blade Air Mobility, Inc. (NASDAQ:BLDE ) Q2 2025 Earnings Call August 5, 2025 8:00 AM ET Company Participants Mathew Schneider - Vice President of Investor Relations & Strategic Finance Melissa M. Tomkiel - President, General Counsel & Corporate Secretary Robert S.
Blade Air Mobility Inc. (BLDE) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Blade Air Mobility Inc. ever had a stock split?
Blade Air Mobility Inc. Profile
| Passenger Airlines Industry | Industrials Sector | Robert S. Wiesenthal CEO | NASDAQ (CM) Exchange | 092667104 CUSIP |
| US Country | 310 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Blade Air Mobility, Inc. is a pioneering company in the air mobility sector, offering innovative transportation solutions that aim to alleviate congestion on ground routes across the United States. Since its inception in 2014, the company has positioned itself as a key player in urban air mobility, providing efficient, time-saving travel options for both business and leisure purposes. Headquartered in New York, New York, Blade has expanded its services to include a variety of air travel options, appealing to a broad spectrum of customers seeking fast and convenient transportation alternatives.
Products and Services
- Charter Flights: Blade offers personalized charter flight services, allowing customers to book private flights tailored to their specific needs. These services cater to those looking for the ultimate in convenience, flexibility, and privacy, making it ideal for business travel, special occasions, or simply avoiding crowded commercial flights.
- By-the-Seat Flights: For a more affordable option, Blade provides by-the-seat bookings on helicopters, jets, turboprops, and amphibious seaplanes. This service enables passengers to enjoy the benefits of air travel without the expense of chartering an entire vehicle, making it an attractive option for individual travelers and small groups wanting to bypass heavy traffic and reach their destinations quicker.
- Helicopters: Specializing in quick, short-distance trips, Blade's helicopter services are perfect for escaping urban congestion and reaching destinations in a fraction of the time it would take by car. These flights are especially popular for airport transfers, city hops, and accessing hard-to-reach locations with minimal ground infrastructure.
- Jets: Catering to longer-distance travel, Blade’s jet services combine speed and luxury to provide an unrivaled air travel experience. Whether for business or leisure, passengers can enjoy fast travel times, exceptional comfort, and the convenience of bypassing busy commercial airports.
- Turboprops: Blade also operates turboprop flights, offering a balance between speed and cost. Turboprops are an excellent choice for medium-range trips, combining the efficiency of air travel with the ability to land at smaller airports closer to final destinations.
- Amphibious Seaplanes: Unique to Blade’s portfolio, amphibious seaplanes offer the versatility of landing on water and traditional runways. These services are perfect for reaching coastal destinations, islands, and waterfront properties, providing an adventurous and scenic alternative to conventional air travel.
