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Blade Air Mobility sells passenger division to Joby; reports second quarter

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Blade Air Mobility sells passenger division to Joby; reports second quarter

Blade Air Mobility has sold its passenger division to Joby Aviation for up to $125 million. Following the close of the transaction, the company will transition to focus on its medical services and logistics business. The medical divison will rebrand as Strata Critical Mission after the transaction'...

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