Blade, which is known for its urban air mobility passenger service in the United States and Southern Europe, is selling its passenger division, in a deal that I’d consider to be pretty logical.
Continue reading: Joby Aviation Buys Blade’s Air Mobility Passenger Business: Implications?
Share your questions, experiences, and thoughts below.
“ Some people might be surprised that the purchase price for the passenger business isn’t more, but keep in mind that Blade doesn’t actually operate helicopters,”
Also, keep in mind that Blade’s air taxi operation is likely significantly unprofitable.
The main problem with helicopters is noise. Many cities, including NYC, restrict airspace due to that reason alone. Joby solves that problem, which means they can access the extremely dense areas that traditional helicopters could not.
Denver is a great example. Imagine how much time you'd save going from downtown to the airport. They would even have the range to take you from the airport to Breckenridge, Vail, or even Aspen.
Businesses pay a lot of money for a customer list. Seems like a win-win deal?
And great, now Strata isn’t just an egg casserole and a bad name for a credit card, it’s now geological layering that saves your life!
It's a loss leader for the charter business. Worked on me - I used the taxi a few times then I chartered a few times