M&A Deal Summary

Joby Aviation Acquires Blade Air Mobility - Passenger Business

On August 4, 2025, Joby Aviation acquired airliner Blade Air Mobility - Passenger Business from Blade Air Mobility

Acquisition Highlights
  • This is Joby Aviation’s 1st transaction in the Airlines sector.
  • This is Joby Aviation’s 2nd transaction in the United States.
  • This is Joby Aviation’s 1st transaction in New York.

M&A Deal Summary

Date 2025-08-04
Target Blade Air Mobility - Passenger Business
Sector Airlines
Buyer(s) Joby Aviation
Sellers(s) Blade Air Mobility
Deal Type Divestiture

Target

Blade Air Mobility - Passenger Business

New York, New York, United States
Blade Air Mobility's Passenger Business includes urban air mobility passenger business.

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Buyer(S) 1

Buyer

Joby Aviation

Santa Cruz, California, United States

Category Company
Founded 2009
Sector Airlines
Employees2,029
Revenue 1M USD (2023)
DESCRIPTION

Joby Aviation is a transportation company developing an all-electric vertical takeoff and landing aircraft. Joby Aviation was founded in 2009 and is based in Santa Cruz, California.


DEAL STATS #
Overall 3 of 3
Sector: Airlines M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: New York M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-04 Xwing - Autonomy Division

San Francisco, California, United States

Xwing's Autonomy Division provides aviation autonomy services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-06 Joby Aviation - Electric vertical takeoff and landing aircraft and services

Santa Cruz, California, United States

Joby Aviation's Electric vertical takeoff and landing aircraft and services offer aerial ridesharing services that combine the convenience of app-based booking with fast, quiet, and zero-emission flights and are based in Santa Cruz, California.

Sell $250M

Seller(S) 1

SELLER

Blade Air Mobility

New York, New York, United States

Category Company
Founded 2014
Sector Transportation
Employees310
Revenue 249M USD (2024)
DESCRIPTION

Blade Air Mobility is a technology-powered, global air mobility platform committed to reducing travel friction by providing cost-effective air transportation alternatives to some of the most congested ground routes in the U.S. and abroad. Blade Air Mobility was founded in 2014 and is based in New York, New York.


DEAL STATS #
Overall 1 of 1
Sector: Airlines M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-15 Cimatec

Scarborough, Ontario, Canada

Cimatec specializes in sustainable residential HVAC filtration solutions. Cimatec is based in Scarborough, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-16 Keystone Perfusion Services

Mount Pleasant, South Carolina, United States

Keystone Perfusion Services is an organ recovery and normothermic regional perfusion ("NRP") service providers to the transplant industry and provider in perfusion and other critical medical solutions for hospitals in non-transplant surgeries nationwide. Keystone Perfusion Services was formed in 2012 and is headquartered in Mount Pleasant, South Carolina.

Buy -