Blade Air Mobility, Inc. (BLDE) Reports Q2 Revenue of $9.27M

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Blade Air Mobility Reports Fiscal Second Quarter Ending March 31, 2021 Financial Results and Provides Corporate Update

May 17, 2021 4:05 PM EDT

Revenues Up 44% in fiscal second quarter 2021 versus prior year period $365 million gross proceeds from completion of business combination, well in excess of $125 million minimum cash requirement, will support expanded acquisition strategy and route expansion Recent announcements with aerospace companies Beta Technologies and Wisk Aero represent important milestones towards Blades transition to Electric Vertical Aircraft (EVA) Pent-up demand for leisure travel is expected to drive growth of Blade Airport, re-launching on June 1st, and seasonal travel this summer

NEW YORK--(BUSINESS WIRE)-- Blade Air Mobility, Inc. (NASDAQ:BLDE, Blade or... More