Blade Air Mobility to Present at Upcoming Investor Conferences
August 28 2023 - 4:00PM
Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”),
a technology-powered air mobility platform, today announced that
members of its management team will participate in the following
investor conferences:
- Jefferies Industrial
Conference – Fireside chat with Rob Wiesenthal, Chief
Executive Officer, on Wednesday, September 6, 2023 at 2:00 pm ET. A
webcast of the event will be available at the link here.
- Citi 2023 Global Technology
Conference – Fireside chat with Will Heyburn, Chief
Financial Officer, on Thursday, September 7, 2023 at 1:45 pm ET. A
webcast of the event will be available at the link here.
A replay of the webcasts will be available
shortly after the conclusion of the presentations on the investor
relations section of the Company’s website
at https://ir.blade.com/news-events.
About Blade Air Mobility
Blade is a technology-powered, global air
mobility platform committed to reducing travel friction by
providing cost-effective air transportation alternatives to some of
the most congested ground routes in the U.S., Canada, Europe, and
India. Today, the Company predominantly uses helicopters and
amphibious aircraft for its passenger routes and is also one of the
largest air medical transporters of human organs for transplant in
the world. Its asset-light model, coupled with its exclusive
passenger terminal infrastructure, is designed to facilitate a
seamless transition to Electric Vertical Aircraft (“EVA” or
“eVTOL”), enabling lower cost air mobility to the public that is
both quiet and emission-free.
For more information, visit www.blade.com.
Forward-Looking Statements
This press release contains “forward-looking
statements” within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include all statements that are not
historical facts and may be identified by the use of words such as
"will", “anticipate,” “believe,” “could,” “continue,” “expect,”
“estimate,” “may,” “plan,” “outlook,” “future” and “project” and
other similar expressions and the negatives of those terms. These
statements, which involve risks and uncertainties, relate to
analyses and other information that are based on forecasts of
future results and estimates of amounts not yet determinable and
may also relate to Blade’s future prospects, developments and
business strategies. In particular, such forward-looking statements
include statements concerning Blade’s future financial and
operating performance, results of operations, industry environment
and growth opportunities, and the development and adoption of EVA
technology. These statements are based on management’s current
expectations and beliefs, as well as a number of assumptions
concerning future events. Actual results may differ materially from
the results predicted, and reported results should not be
considered as an indication of future performance.
Such forward-looking statements are subject to
known and unknown risks, uncertainties, assumptions and other
important factors, many of which are outside Blade’s control, that
could cause actual results to differ materially from the results
discussed in the forward-looking statements. Factors that could
cause actual results to differ materially from those expressed or
implied in forward-looking statements include: our continued
incurrence of significant losses; the impact of the COVID-19
pandemic and its related effects, failure of the markets for our
offerings to grow as expected, or at all; our ability to
effectively market and sell air transportation as a substitute for
conventional methods of transportation; the inability or
unavailability to use or take advantage of the shift, or lack
thereof, to EVA technology; our ability to successfully enter new
markets and launch new routes and services; any adverse publicity
stemming from accidents involving small aircraft, helicopters or
charter flights and, in particular, any accidents involving our
third-party operators; the effects of competition; harm to our
reputation and brand; our ability to provide high-quality customer
support; our ability to maintain a high daily aircraft usage rate;
changes in consumer preferences, discretionary spending and other
economic conditions; impact of natural disasters, outbreaks and
pandemics, economic, social, weather, growth constraints, and
regulatory conditions or other circumstances on metropolitan areas
and airports where we have geographic concentration; the effects of
climate change, including potential increased impacts of severe
weather and regulatory activity; the availability of aircraft fuel;
our ability to address system failures, defects, errors, or
vulnerabilities in our website, applications, backend systems or
other technology systems or those of third-party technology
providers; interruptions or security breaches of our information
technology systems; our placements within mobile applications; our
ability to protect our intellectual property rights; our use of
open source software; our ability to expand and maintain our
infrastructure network; our ability to access additional funding;
the increase of costs and risks associated with international
expansion; our ability to identify, complete and successfully
integrate future acquisitions; our ability to manage our growth;
increases in insurance costs or reductions in insurance coverage;
the loss of key members of our management team; our ability to
maintain our company culture; our reliance on contractual
relationships with certain transplant centers and Organ Procurement
Organizations; effects of fluctuating financial results; our
reliance on third-party operators; the availability of third-party
operators; disruptions to third party operators; increases in
insurance costs or reductions in insurance coverage for our
third-party aircraft operators; the possibility that our
third-party aircraft operators may illegally, improperly or
otherwise inappropriately operate our branded aircraft; our
reliance on third-party web service providers; changes in our
regulatory environment; regulatory obstacles in local governments;
the expansion of domestic and foreign privacy and security laws;
the expansion of environmental regulations; our ability to
remediate any material weaknesses or maintain internal controls
over financial reporting; our ability to maintain effective
internal controls and disclosure controls; changes in the fair
value of our warrants; and other factors beyond our control.
Additional factors can be found in our most recent Annual Report on
Form 10-K and Quarterly Report on Form 10-Q, each as filed with the
U.S. Securities and Exchange Commission. New risks and
uncertainties arise from time to time, and it is impossible for us
to predict these events or how they may affect us. You are
cautioned not to place undue reliance upon any forward-looking
statements, which speak only as of the date made, and Blade
undertakes no obligation to update or revise the forward-looking
statements, whether as a result of new information, changes in
expectations, future events or otherwise.
Blade - Press ContactsFor Media RelationsLee
Gold press@blade.com
For Investor RelationsRavi Jani investors@blade.com
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