Blade Air Mobility shows improved margins, demand uncertain

Blade Air Mobility has reported improvements in its financial margins, indicating a potentially brighter future for the company. However, investor interest has not yet picked up, despite these positive signs. The company's fourth-quarter results showed mixed outcomes. While some areas of the business are improving, the guidance for future performance was weak. This has raised concerns about current demand in the market. Analysts suggest that while Blade's progress is encouraging, it may take more positive news for investors to take notice. The overall sentiment remains cautious as the company navigates challenges in the industry.