Blade Air Mobility, Inc. (NASDAQ:BLDE) Q1 2023 Earnings Conference Call May 11, 2023 8:00 AM ET

Company Participants

Ravi Jani - Vice President, Investor Relations

Rob Wiesenthal - Founder and Chief Executive Officer

Will Heyburn - Chief Financial Officer

Conference Call Participants

Hillary Cacanando - Deutsche Bank

Jason Helfstein - Oppenheimer

Bill Peterson - J.P. Morgan

Itay Michaeli - Citi

Operator

Good day and thank you for standing by. Welcome to the Blade Air Mobility, Inc.’s Fiscal First Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.

I will now hand the conference over to your speakers.

Ravi Jani

Thanks and Good morning. Thank you for standing by and welcome to the Blade Air Mobility conference call and webcast for the quarter ended March 31st, 2023. We appreciate everyone joining us today.

Before we get started, I’d like to remind you of the company’s forward-looking statement and Safe Harbor language. Statements made in this conference call that are not historical facts, including statements about the future time periods may be deemed to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements are subject to risks and uncertainties, and actual future results may differ materially from those expressed or implied by the forward-looking statements. We refer you to our SEC filings, including our annual report on Form 10-K filed with the SEC for a more detailed discussion of the risk factors that could cause these differences. Any forward-looking statements provided during this call are made only as of the date of this call.

As stated in our SEC filings, Blade disclaims any intent or obligation to update or revise these forward-looking statements, except as required by law. During today’s call, we will also discuss certain non-GAAP financial measures, which we believe may be useful in evaluating our financial performance. A reconciliation of the most directly comparable consolidated GAAP financial measures to these non-GAAP financial measures is provided in our earnings press release and investor presentation.

Our press release, investor presentation and our Form 10-Q are available on the Investor Relations section of our website at ir.blade.com. These non-GAAP measures should not be considered in isolation, or a substitute for financial results prepared in accordance with GAAP. Hosting today’s call are; Rob Wiesenthal, Founder and Chief Executive Officer of Blade; and William Heyburn, Chief Financial Officer.