Blade to acquire Monacair and Heli Securite for $50m.

Blade Air Mobility, a provider of an air mobility platform, agreed to acquire Monacair, a helicopter airline company, and Heli Securite, a provider of luxury helicopter transfer services, for $50m. “These three acquisitions are core to our strategy of leveraging our asset-light model to aggregate the premier use cases for urban air mobility. As a result, Blade has now amassed what we believe to be the most valuable routes in the world. Adding this formidable presence in Europe to our existing operations across the greater New York area, Vancouver and India, is a critical step in our expansion,” Rob Wiesenthal, Blade CEO.