Blade Air Mobility, Inc. provides air transportation and logistics for hospitals across the U.S.. Co. transports human organs for transplant, and for passengers, with helicopter and fixed wing services primarily in the Northeast U.S., Southern Europe and Western Canada. Co.'s segments include Passenger and Medical. Its Passenger segment includes Short Distance and Jet and Other. Short Distance business consists primarily of helicopter and amphibious seaplane flights in the U.S., Canada and Europe. Jet and Other business consist principally of non-medical jet charter and by-the-seat jet flights between New York and South Florida. The BLDE average annual return since 2019 is shown above.
The Average Annual Return on the BLDE average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether BLDE average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the BLDE average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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