SH34

Sky Harbour Group Corporation Announces its 2023 Financial Results; Updates on New Ground Leases, Construction and Hangar Leasing; Injects Equity into Obligated Group and Files Various Registration Statements with SEC

Retrieved on: 
Wednesday, March 27, 2024
Air, Transport, Transportation, Commercial Building & Real Estate, Construction & Property, Travel, SGR, MSRB, Orlando Executive Airport, SH34, Form, Webcast, City, Tenant, Aviation, Acquisition, MetroCentre, ADS, Form S-3, DVT, Silicon, GDP, PIPE, BNA, SJC, Obligation, Airport, APA, Economics, San Jose International Airport, OPF

New ground lease at SJC, encompassing an existing hangar facility to be made operational over the coming several weeks, and land for additional future development.

Key Points: 
  • New ground lease at SJC, encompassing an existing hangar facility to be made operational over the coming several weeks, and land for additional future development.
  • New ground lease at ORL, with expected construction commencement in Q2 2025.
  • Construction of Phases 1 in Denver, Phoenix, and Dallas delayed by 3-4 months, with an estimated $26 - $28 million non-recurring remediation cost.
  • We are now gearing up to perform at scale.”
    Sky Harbour will host a live conference call and concurrent webcast at 5 p.m.

Sky Harbour Announces Two New Developments Aimed at Serving the New York and Connecticut Business Aviation Markets and Provides an Update on Construction Activities

Retrieved on: 
Monday, December 18, 2023
Aerospace, Manufacturing, Transportation, Construction & Property, REIT, Travel, APA, ADS, Sky, Partnership, Peer review, Phoenix Deer Valley Airport, SH34, SGR, DVT, Wind, Snow, Chicago Executive Airport, Nashville International Airport, Metal, Professional, BDL, Bradley International Airport, Connecticut Airport Authority, OPF, POU, Growth, Safety, Aviation, BNA, Obligation, Tal Keinan, Airline

The new Sky Harbour campuses will be developed on approximately 8 acres at BDL and 7 acres at POU.

Key Points: 
  • The new Sky Harbour campuses will be developed on approximately 8 acres at BDL and 7 acres at POU.
  • O’Neil said, “Sky Harbour brings unique and differentiated benefits to our county, the Hudson Valley Region, and New York State.
  • Sky Harbour campuses are constructed in accordance with the Sky Harbour SH16C Prototype hangar design, which is subjected to constant refinement and improvement processes.
  • As in the past, the Company will protect and support the funding sufficiency of the 2021 Sky Harbour Capital LLC Aviation Facilities Project as amended.