Blade Air Mobility, Inc. (BLDE) Posts Q3 Net Loss of $24.3M

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Blade Air Mobility Reports Fiscal Third Quarter Ended June 30, 2021 Financial Results and Provides Corporate Update

August 16, 2021 7:30 AM EDT

Revenues up 277% in fiscal third quarter ended June 30, 2021 versus prior year period Revenues increased 73% versus pre-covid quarter ended June 30, 2019 $333 million of cash and short-term investments to support enhanced acquisition strategy and new route expansion Blade now has alliances with four separate Electric Vertical Aircraft (EVA) manufacturers: Eve (a division of Embraer S.A), Beta Technologies, Wisk (a joint venture between Boeing and Larry Page's Kitty Hawk) and magniX

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