Blade Air Mobility, Inc. 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.
May 18, 2022
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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.
Blade Air Mobility, Inc. provides air transportation and logistics for hospitals across the United States. The Company transports human organs for transplant, and for passengers, with helicopter and fixed wing services primarily in the Northeast United States, Southern Europe and Western Canada. The Company's segments include Passenger and Medical. Its Passenger segment includes Short Distance and Jet and Other. Short Distance business consists primarily of helicopter and amphibious seaplane flights in the United States, Canada and Europe. Jet and Other business consist principally of non-medical jet charter and by-the-seat jet flights between New York and South Florida. Its Medical segment includes MediMobility Organ Transport, which consists primarily of transportation of human organs for transplant and/or the medical teams supporting these services. It also offers additional services including donor logistics coordination and support for evaluating potential donor organs.
Blade Air Mobility, Inc. 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.