The short-range air transport service has completed a round backed by its new strategic partner, Airbus Helicopters.

US-based helicopter travel service Fly Blade has closed a series B round featuring Airbus Helicopters, a subsidiary of aerospace company Airbus, sized at approximately $38m.

Real estate investment trust Colony NorthStar and venture capital firm Lerer Hippeau co-led the round, which included LionTree Ventures.

Founded in 2014, Blade runs a short-range helicopter, jet and seaplane transport service that operates 22 set routes across seven US states including New York, California, New Jersey and Connecticut. It does not own the aircraft…

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