Blade Air Mobility to Present at SHARE Series Event
June 12 2024 - 1:47PM
Blade Air Mobility, Inc. (Nasdaq: BLDE, “Company”), a
technology-powered air mobility platform, today announced that Rob
Wiesenthal, Chief Executive Officer, will present in a SHARE Series
investor event on Friday, June 14, 2024 at 1:35pm ET. A webcast of
the event will be available at the link here. A replay will be
available shortly after the conclusion of the presentation on the
investor relations section of the Company’s website at
https://ir.blade.com/news-events.
About Blade Air Mobility
Blade Air Mobility provides air transportation
and logistics for hospitals across the United States, where it is
one of the largest transporters of human organs for transplant, and
for passengers, with helicopter and fixed wing services primarily
in the Northeast United States, Southern Europe and Western
Canada. Based in New York City, Blade's asset-light model,
coupled with its exclusive passenger terminal infrastructure and
proprietary technologies, is designed to facilitate a seamless
transition from helicopters and fixed-wing aircraft to Electric
Vertical Aircraft (“EVA” or “eVTOL”), enabling lower cost air
mobility 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, business and capital
deployment strategies and plans, customer behavior, competitive
position, 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. We are unable to
reconciled forward-looking non-GAAP guidance, including
Flight Profit Margin, Adjusted Corporate Expenses, and Adjusted
EBITDA, without unreasonable effort due to the variability and low
visibility with respect to certain costs, the most significant
of which are incentive compensation, transaction-related expenses,
and certain value measurements, which may have unpredictable, and
potentially significant, impact on future GAAP financial
results.
ContactsMedia RelationsLee
GoldPress@Blade.com
Investor RelationsMat SchneiderInvestors@blade.com
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