Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The purchase price was allocated as follows:

Property and equipment, net 162 
Identifiable intangible assets 25,862 
Operating right-of-use asset 11,913 
Total identifiable assets acquired 37,937 
Accounts payable and accrued expenses 221 
Operating lease liability 11,913 
Deferred tax liability 2,354 
Total liabilities assumed 14,488 
Net assets acquired 23,449 
Goodwill 24,652 
Total consideration $ 48,101 
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
An assessment of the fair value of identified intangible assets and their respective lives as of the acquisition date are as follows:
Estimated Useful Life Fair Value
Exclusive rights to air transportation services 12 $ 25,359 
Customer list 3 503 
Total identifiable intangible assets $ 25,862 
Schedule of Pro Forma Information The unaudited pro forma information presented below is for informational purposes only and is not necessarily indicative of our consolidated results of operations of the consolidated business had the acquisition actually occurred at the beginning of the period presented or of the results of our future operations of the consolidated business.
For the Year Ended
December 31,
2022
Reported Revenue $ 146,120 
Impact of Blade Europe(1)
23,369 
Pro forma Revenue $ 169,489 
(1) In the accompanying consolidated financial statements for the year ended December 31, 2022, reported revenue includes $4,211 million of revenue from this acquisition.