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Monday, August 23, 2021 3:42:41 PM
"Blade Air Mobility Reports Fiscal Third Quarter Ended June 30, 2021 Financial Results and Provides Corporate Update
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".
GLTA
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