Blade Sees Trump Removing Cloudiness Around Electric Aircraft Transition -- Market Talk

Dow Jones

2024/11/12

0749 ET - Blade Air Mobility sees the second Trump administration as a step in the right direction for electric air travel. CEO Rob Wiesenthal says with 3Q results that the incoming administration has the explicit goal of adopting electric vertical aircraft ahead of other countries. That is resulting in greater clarity for companies on the timeline for the transition, Blade says. Blade shares fall less than 1% in premarket trading.(ben.glickman@wsj.com; @benglickman)

(END) Dow Jones Newswires

November 12, 2024 07:49 ET (12:49 GMT)

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