Blade says it will create branded passenger terminals at more than 10 airports, heliports, and vertiports across Europe. [Courtesy: Blade Air Mobility]
Key Takeaways:
Blade Air Mobility has acquired three urban air mobility (UAM) operators in the South of France, including Monacair and Héli Sécurité.
This $50 million acquisition is poised to make Blade the largest helicopter passenger service in Europe, significantly expanding its global presence.
The deal is expected to contribute free cash flow and accelerate Blade's profitability, further diversifying its business.
Blade plans to establish branded passenger terminals across Europe and will launch commercial services, including flights between Nice and Monte Carlo, prior to the Monaco Grand Prix.
On Thursday, Blade Air Mobility, a global air mobility platform, announced its acquisition of three urban air mobility (UAM) operators and is set to become the largest helicopter passenger service in Europe.
Monacair SAM, Héli Sécurité, and another unnamed helicopter operator in the South of France will be added to Blade’s growing international operations.
CREATE A FREE ACCOUNT
Sign up to keep reading
Create a free account to continue. Already a member? Sign in below.
Jeremy attained his bachelor's in journalism and emerging media from Kennesaw State University. He also served in the Georgia Air National Guard as a C-130 Crew Chief for six years, holding an associate in aircraft maintenance technology.
