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Blade Air Mobility Soars with Historic Electric Aircraft Flight
ByAinvest
Wednesday, Jun 4, 2025 2:24 pm ET1min read
Blade Air Mobility achieved a historic milestone with the first US passenger flight of an electric aircraft. Analysts predict a significant upside for Blade's stock, with an average target price of $7.20. The company is rated as "Outperform," reflecting strong market confidence. With an average price target of $7.20, Blade Air Mobility's stock has a potential upside of 104.84% from its current price of $3.52.
Blade Air Mobility, Inc. (Nasdaq: BLDE) has made a significant stride in the realm of sustainable aviation with the successful completion of the first US passenger flight of an electric aircraft. The flight, which utilized BETA Technologies’ ALIA CTOL, departed from East Hampton Airport in New York and landed at John F. Kennedy International Airport in New York City [1].The flight marked a major milestone in the advancement of all-electric aviation within commercial airspace. Blade CEO Rob Wiesenthal participated as a passenger, underscoring the company’s commitment to quiet, emission-free air mobility. Wiesenthal stated, "This electric aircraft flight from Long Island to New York City highlights that quiet and emission-free flight is quickly becoming a reality, benefiting Blade's fliers, local residents, and other key stakeholders" [1].
The ALIA CTOL, developed by Vermont-based BETA Technologies, is a battery-powered, fixed-wing aircraft designed for safe, efficient, and sustainable transport of people and cargo. The aircraft has logged thousands of miles across diverse real-world conditions and is the first of its kind to receive a market survey certificate from the Federal Aviation Administration (FAA), enabling rigorous demonstration operations ahead of full certification [1].
The successful demonstration flight affirms both the near-term feasibility of electric aviation in metropolitan environments and Blade’s leadership in shaping the future of sustainable air mobility. Analysts predict a significant upside for Blade's stock, with an average target price of $7.20. The company is rated as "Outperform," reflecting strong market confidence [1].
References:
[1] https://www.nasdaq.com/articles/blade-air-mobility-achieves-milestone-first-passenger-carrying-electric-flight-using-betas
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