Blade Air Mobility, Inc. (NasdaqCM:BLDE) agreed to acquire Monacair and Héli Sécurité and Azur Hélicoptère from Marco Casiraghi, Andrea Casiraghi, Pierre Casiraghi, Philippe Willemin and Damien Mazaudier. for €48 million on May 18, 2022. The Transactions have been unanimously approved by the board of directors of the Company and the applicable governing bodies of each of the Sellers. Transaction is expected to close by Summer 2022, subject to regulatory approval and customary closing conditions. Gibson, Dunn & Crutcher LLP and Al-Enezee in association with Holman Fenwick Willan LLP acted as legal advisor to Blade Air Mobility, Inc. (NasdaqCM:BLDE). Bird & Bird, led by partner Stan Andreassen, acted as legal advisor to Monacair SAM and Héli Sécurité. DL Corporate & Regulatory, led by Remi Delforge in Monaco, acted as Monegasque counsel.