Blade Will Excel Where Uber Failed in Air Travel, Says SPAC CEO

Voices of Wall Street

Blade, a helicopter taxi service that initially became popular for its private flights bringing wealthy clients in and out of the Hamptons, is coming to public markets via a reverse merger with Experience Investment Corp, a SPAC backed by travel and leisure private equity firm KSL Capital. Eric Affeldt, CEO and Chairman of Experience Investment Corp. joined to talk about why his SPAC chose Blade, the market opportunity for innovation in urban mobility, why Blade is better positioned than Uber to execute the helicopter taxi business, and the electrification of air travel. Interview hosted by Hope King.

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