Carole Rickard Hedden retired in 2022 as Executive Editor for custom content and Program Excellence for the Aviation Week Network, providing custom content and research to industry executives. She also was Managing Editor of Aviation Week’s Advanced Air Mobility Report. She joined Aviation Week in 1996 as a financial/business editor and has led special projects for more than two decades.
Prior to joining Aviation Week, Hedden worked for over 20 years in the news media and as a corporate communications leader at Fortune 100 companies.
As third-quarter financial results for advanced air mobility’s publicly held companies began rolling out, the primary message is they are on track in spending for research and development.
The Blade Air Mobility technology-powered air-mobility platform posted third-quarter revenues up 125%, to $45.7 million, versus $20.3 million for the year-ago period.
Listening to analysts parse stock market performance as a follow-on to Nov. 4’s U.S. jobs report, higher unemployment rates equate to improvement—indicating some slack for companies struggling under a shortage of employees or supply chain problems stemming from labor shortages.
