| Blade loses money on pax trips and makes good money on medical, I am told. They are only buying the pax biz. They have sheds on wheels for lounges in NY so they can be trucked away if needed. They own virtually no hard assets. Joby prides itself on its new app but Blade already has one that works. So, $125m ($95m if certain terms are not met) for a company with no assets, is loss making seems like the deal of the century - if in cash…! Michael Rurik Halaby, FRAeS On 5 Aug 2025, at 21:34, Jack Keady via Mifnet <mifnet@lists.mifnet.com> wrote:  keady -wish i knew more about Blade, Anyway, i love the line" Joby will have the option to purchase [price up to $125 million] in either cash or stock as if they have these kinds of funds rolling around. To me this goes in the same "bullshit file" as does Boom developing a new engine and Surf Air converting planes from gas to electric Revised: 20250507 You are receiving The Mifnet because you requested to join this list. The Mifnet is largely a labor of love, however the infrastructure isn't exactly cost-free. If you'd care to make a small contribution to the effort, please know that it would be greatly appreciated: https://wardell.us/url/mifbit All posts sent to the list should abide by these policies: 1) List members acknowledge that participation in Mifnet is a privilege--not a right. 2) Posts are always off the record, absent specific permission from the author. 3) The tone of discussions is collegial. 4) Posts are expected to be in reasonably good taste. 5) We discuss ideas and not personalities, and we don't speak ill of other Mifnet members. * The Mifnet WEB SITE is: https://www.mifnet.com/ * To UNSUBSCRIBE from this list at any time please visit: https://lists.mifnet.com/ OR: SEND THIS MESSAGE via email: mifnet-requ...@lists.mifnet.com?subject=leave * Send Mifnet mailing list POSTS/SUBMISSIONS to: mifnet@lists.mifnet.com * You may reach the person managing The Mifnet at: mifnet-ow...@lists.mifnet.com * Please consider the DIGEST version of The Mifnet, which consolidates all list traffic into 1-3 messages daily. See instructions at: https://lists.mifnet.com/ * Manage your personal Mifnet SUBSCRIPTION at: https://lists.mifnet.com/ * For a list of all available Mifnet commands, SEND THIS MESSAGE via email: mifnet-requ...@lists.mifnet.com?subject=help * View The Mifnet LIST POLICIES and PRIVACY POLICY at: https://mifnet.com/index.php/policies * View instructions for Mifnet DELIVERY PROBLEMS at: https://mifnet.com/index.php/delivery-problems * View The Mifnet LIST ARCHIVE at: https://lists.mifnet.com/hyperkitty/list/mifnet@lists.mifnet.com/ |
-------------------------------------------------------------------------- Revised: 20250507
You are receiving The Mifnet because you requested to join this list. The Mifnet is largely a labor of love, however the infrastructure isn't exactly cost-free. If you'd care to make a small contribution to the effort, please know that it would be greatly appreciated: https://wardell.us/url/mifbit All posts sent to the list should abide by these policies: 1) List members acknowledge that participation in Mifnet is a privilege--not a right. 2) Posts are always off the record, absent specific permission from the author. 3) The tone of discussions is collegial. 4) Posts are expected to be in reasonably good taste. 5) We discuss ideas and not personalities, and we don't speak ill of other Mifnet members. * The Mifnet WEB SITE is: https://www.mifnet.com/ * To UNSUBSCRIBE from this list at any time please visit: https://lists.mifnet.com/ OR: SEND THIS MESSAGE via email: mifnet-requ...@lists.mifnet.com?subject=leave * Send Mifnet mailing list POSTS/SUBMISSIONS to: mifnet@lists.mifnet.com * You may reach the person managing The Mifnet at: mifnet-ow...@lists.mifnet.com * Please consider the DIGEST version of The Mifnet, which consolidates all list traffic into 1-3 messages daily. See instructions at: https://lists.mifnet.com/ * Manage your personal Mifnet SUBSCRIPTION at: https://lists.mifnet.com/ * For a list of all available Mifnet commands, SEND THIS MESSAGE via email: mifnet-requ...@lists.mifnet.com?subject=help * View The Mifnet LIST POLICIES and PRIVACY POLICY at: https://mifnet.com/index.php/policies * View instructions for Mifnet DELIVERY PROBLEMS at: https://mifnet.com/index.php/delivery-problems * View The Mifnet LIST ARCHIVE at: https://lists.mifnet.com/hyperkitty/list/mifnet@lists.mifnet.com/
