Kerry Lynch stepped into the role of editor of the&nbsp;Aviation International News&nbsp;monthly magazine in May 2022 after serving with&nbsp;AIN&nbsp;for eight years. She joined&nbsp;AIN&nbsp;in December 2014 as a senior editor covering Washington and business aviation news. She has also served on Convention News teams, including as editor of&nbsp;HAI Convention News. Lynch previously spent 25 years with Aviation Week. During her time there, she reported for and later steered&nbsp;The Weekly of Business Aviation, oversaw business aviation content on the&nbsp;Aviation Week Intelligence Network, served on the&nbsp;Show News&nbsp;staff, and held roles as the Washington columnist for&nbsp;Business &amp; Commercial Aviation&nbsp;and&nbsp;Overhaul &amp; Maintenance&nbsp;monthly magazines. In 2021 she was honored with the National Business Aviation Association Platinum Wing Award for lifetime achievement in journalism and was the 2004 recipient of the National Air Transportation Association’s Aviation Journalism Excellence Award. She also has been a recipient of an Aerospace Media Award for business aviation (2022) and NBAA Gold Wing Award (2003, 2024). Lynch graduated from The Ohio State University with a bachelor of arts in journalism.

Editor, AIN monthly magazine

Kerry Lynch

Blade Air Mobility’s net losses narrowed by $700,000 to a negative $3.5 million, and revenue increased by 5.4% to $54.3 million in the first quarter, the company reported on Monday.
The aviation services provider posted an adjusted EBITDA of negative $1.2 million in the first quarter, but that marked a $2.3 million improvement from the same period a year ago. In its passenger segment, the company posted a first-quarter adjusted EBITDA profit of $100,000, the first time it had done so in the quarter since going public in 2021. That profit also marked a $2.7 million turnaround from a year earlier.
Excluding the Canadian market, where Blade exited last August, the company’s revenues improved year over year by 10.9% overall and by 42% in the passenger segment to $6.3 million. However, medical revenue declined by 0.2% to $35.9 million, and adjusted EBITDA slid by 7.1% to $4.1 million.
“Our strong passenger segment results reflect several factors, including our durable competitive positioning along with the important actions we’ve taken recently to improve profitability, such as our exit from Canada and broad-based cost rationalization initiatives,” said Blade CEO Rob Wiesenthal. “I’m particularly encouraged by the results in Europe following our restructuring, which led to strong revenue growth and significantly improved profitability this quarter.”
CFO Will Heyburn added that the passenger segment faces the uncertain economy going forward, but is still expected to benefit from many of the cost-saving actions taken late last year.
“Having now completed a rapid period of aircraft acquisitions, we are focused on improving the operational and financial performance of the fleet,” said president Melissa Tomkiel. “Following a period of unusually heavy scheduled aircraft maintenance and associated downtime during the first half of 2025, we expect a significant improvement in the second half of the year through 2026, resulting in reduced capital expenditures and improved medical segment adjusted EBITDA margins.”

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Blade Air Mobility Losses Ease as Passenger Revenues Leap in 2025

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