Medical business shines as Blade reports Q4 2023 results news Yves Le Marquand 12 Mar 24 0 Blade’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 ‘turning corner on profit’ with stellar Q3 performance news Yves Le Marquand 9 Nov 23 0 As Blade Air Mobility turns “the corner to profitability” it is “doing so without sacrificing revenue growth’, according to CEO Rob Wiesenthal. The operator announced… Read more
Blade’s record revenues ‘show the plan is working’ news Yves Le Marquand 9 Aug 23 0 Blade’s record second quarter revenues of $61m, up over 70% on the same period last year, “illustrates the value proposition” of its business model, said… Read more
Blade reports record revenues and narrowing losses news Yves Le Marquand 17 Mar 23 0 Blade posted record revenues, up 118%, to $146.1m and narrowing losses of $27.26m down from $32m for the full-year 2022. “Our financial performance in the… Read more
BETA and Blade conduct first piloted flight in New York area news Yves Le Marquand 15 Feb 23 0 The first piloted eVTOL flight in New York took place this week as BETA Technologies’ ALIA-250 took to the skies above Westchester County Airport. During… Read more
RedBird Capital amasses over 5% stake in Blade news Yves Le Marquand 18 Jan 23 0 NY-based private equity firm RedBird Capital has now accumulated a more than 5% stake in Blade Air Mobility, according to founder and managing partner, Gerry… Read more
Wiesenthal ‘bullish’ on 2023 after Blade’s record-breaking Q3 news Yves Le Marquand 11 Nov 22 0 Blade’s CEO and Founder, Rob Wiesenthal told investors he is “very bullish about growth prospects” following a record-breaking third quarter (Q3) that saw the firm… Read more