5 Best Airport Stocks To Buy

In this article, we will take a look at the 5 best airport stocks to buy. To see more such companies, you can go ahead to 12 Best Airport Stocks To Buy.

5. Blade Air Mobility, Inc. (NASDAQ:BLDE)

Not a pure play airport operator stock, Blade Air Mobility, Inc. (NASDAQ:BLDE) is still directly related to the travel industry as its plays a key role in the tourism ecosystem. Blade Air Mobility, Inc. (NASDAQ:BLDE)’s technology allows passengers to book seats on scheduled flights throughout the Northeast and West Coast of the United States. Blade Air Mobility, Inc. (NASDAQ:BLDE) also offers private jets and helicopters.  In the third quarter, Blade Air Mobility, Inc. (NASDAQ:BLDE)’s revenue jumped about 124% to reach $45.7 million, beating analyst estimates by $7.01 million.  Blade Air Mobility, Inc. (NASDAQ:BLDE) is also expanding in other key areas of the travel industry. It has acquired three helicopter activities in Europe to create the largest UAM service on the continent.

As of the end of the third quarter of 2022, 10 hedge funds tracked by Insider Monkey reported having stakes in Blade Air Mobility, Inc. (NASDAQ:BLDE), compared to 7 funds in the previous quarter. The total value of these stakes was about $66 million.