Sky Harbour Group Corp (A:SKYH)
Business Focus: Airport Services
| Sector: Industrials | Industry: Airport Services |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1601 Dodge Street, Suite 3300 OMAHA NE 68102 |
| Tel: | N/A |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| Tal Keinan Chairman of the Board, Chief Executive Officer | Francisco X. Gonzalez Chief Financial Officer | Willard Whitesell Chief Operating Officer |
| Michael W. Schmitt Chief Accounting Officer | Gerald I. Adler Interim General Counsel, Company Secretary | |
| Business Overview |
| Sky Harbour Group Corporation is an aviation infrastructure company. The Company is engaged in developing a nationwide network of Home-Basing Solutions for business aircraft. The Company develops, leases and manages general aviation hangars across the United States. Its home basing offering aims to provide private and corporate customers with the physical infrastructure in business aviation, coupled with dedicated service tailored to based aircraft. Its home basing hangar campuses provide features and services, such as private hangar space for the exclusive use of the tenant; adjoining configurable lounge and office suites; line crews and services dedicated exclusively to tenants; climate control to mitigate condensation and associated corrosion; features to support in-hangar aircraft maintenance; no-foam fire suppression, and customized software to provide security, control access and monitor hangar space. |
| Financial Overview |
| For the three months ended 31 March 2024, Sky Harbour Group Corp revenues increased from $1.1M to $2.4M. Net loss increased from $6.2M to $18.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Unrealized loss on warrants increase from $4.2M to $16.2M (expense), Depreciation increase of 40% to $629K (expense). |
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