After this rewarding year of strong growth, flight profit margin expansion, and cost structure improvements, we are now confident to begin providing guidance to our investors for revenue and adjusted EBITDA for the year ending December 31, 2024, and 2025. For the current year, 2024, we expect to have positive adjusted EBITDA, and for 2025, we expect adjusted EBITDA in the double-digit millions.

Mar 12, 2024 / CEO / receipt, needs a key / Rob Wiesenthal, CEO | earnings call 2024-03-12 | transcript 48ff8ae3-b5ba-4a33-8ce4-f683b9676c1e | chars 5187-5584 | segment 5

This was driven by a significant increase in flight profit that outpaced growth in our adjusted corporate expense. Importantly, our first quarter results set a strong foundation for the balance of the year, and we remain on track with our commitment to deliver a significant improvement in full-year adjusted EBITDA in 2023 versus 2022.

May 11, 2023 / CEO / receipt, needs a key / Rob Wiesenthal, CEO | earnings call 2023-05-11 | transcript 3d254b39-4f1c-489c-9e76-581bb80d8bef | chars 3388-3724 | segment 3

We will continue to capitalize on our momentum to drive brand awareness for Blade and incentivize referrals with ambassadors, promoters, concierges, and travel agencies throughout Europe.

May 11, 2023 / CEO / receipt, needs a key / Rob Wiesenthal, CEO | earnings call 2023-05-11 | transcript 3d254b39-4f1c-489c-9e76-581bb80d8bef | chars 7129-7316 | segment 7

But what we've done is we've instituted through our technology three types of fare classes that allow you flexibility. So right now, we actually have an average airport flight cost to the consumer of about $245. but you still can buy a seat for $195. So this way we are getting both the kind of the lower end of the market in terms of, you know, amount of money they can spend and also the higher part of the market as well. So, you know, our goal for airport is that can be open to everyone. So the pricing power in the lower end products has really been done through the advent of our technology of multiple fare classes.

Nov 9, 2022 / CEO / receipt, needs a key / Rob Wiesenthal, CEO | earnings call 2022-11-09 | transcript ac95ec24-1e44-4199-bbfd-10f10aa5d5cd | chars 24617-25240 | segment 24

While we continue to monitor the broader economic landscape, we are encouraged by the leading indicators that we track regarding travel demand, such as aggregate TSA passenger throughput recently exceeding 2019 levels, and air travel demand amongst large corporate customers only recovering to 75% to 80% of pre-pandemic levels, leaving plenty of additional room for recovery.

Nov 9, 2022 / CEO / receipt, needs a key / Rob Wiesenthal, CEO | earnings call 2022-11-09 | transcript ac95ec24-1e44-4199-bbfd-10f10aa5d5cd | chars 18823-19199 | segment 19

Additionally, we believe the flexibility the post-COVID era of hybrid work offers has fundamentally increased the demand for air travel, with workers now having the ability to make every weekend a long weekend and make every business trip have a leisure component as well.

Nov 9, 2022 / CEO / receipt, needs a key / Rob Wiesenthal, CEO | earnings call 2022-11-09 | transcript ac95ec24-1e44-4199-bbfd-10f10aa5d5cd | chars 19200-19472 | segment 19

Based on the current third quarter performance to date, we are seeing both consistent strong demand and price elasticity in our consumer business. At the same time, our medical business is enjoying continued growth and remains uncorrelated with the vagaries of the travel industry or the overall economy.

Aug 9, 2022 / CEO / receipt, needs a key / Rob Wiesenthal, CEO | earnings call 2022-08-09 | transcript 93ff5c0f-034a-4a93-aeca-534aa4f00092 | chars 6692-6996 | segment 6

So that's wrong. Additionally, because of Delta variant at the same time, and I'm talking about this basically whole summer to date, there were definitely a lot of blade flyers that may have had plans to travel longer distances, perhaps overseas that canceled their plans. And so we definitely saw for some of our closer term leisure routes, which is consistent with what you've seen across the travel business, you know, a much more much greater focus by our travelers on staying nearby this summer.

Aug 16, 2021 / CEO / receipt, needs a key / Rob Wiesenthal, CEO | earnings call 2021-08-16 | transcript e144f40a-b833-4280-af9a-1fb1f4fa2987 | chars 23626-24126 | segment 23

We do not require any regulatory approvals to launch new routes, so they can be launch very quickly. There are other routes that are more tilted towards leisure or tilted towards commuting that could be very valuable that are not heavily reliant on business travel.

Dec 20, 2021 / CEO / receipt, needs a key / Robert Wiesenthal, CEO | earnings call 2021-12-20 | transcript f6d3715f-f866-47eb-b60b-68fad80e0bd7 | chars 29927-30192 | segment 29