Sky Harbour Group Stock Price, News & Analysis

Sky Harbour Group (NYSE: SKYH) reported strong Q1 2025 results, highlighting significant growth and expansion. Q1 consolidated revenues surged 133% YoY and 20% QoQ. The company's constructed assets and construction in progress exceeded $275 million, with consolidated cash and US Treasuries totaling $97.4 million. Net cash used in operating activities was $5.1 million.

The company announced the opening of new campuses at Phoenix Deer Valley Airport (DVT) and Dallas-Addison Airport (ADS), with Denver's Centennial Airport (APA) scheduled to open in June. Sky Harbour expanded its portfolio by executing new ground leases at Seattle's Boeing Field (BFI), Hillsboro Airport (HIO), and Stewart International Airport (SWF). The company maintains its guidance of reaching breakeven operating cash flow/adjusted EBITDA by year-end 2025 and expects to secure five additional hangar ground leases by year-end 2025.

Sky Harbour Group Corporation (NYSE: SKYH), an aviation infrastructure company focused on building a nationwide network of Home-Basing campuses for business aircraft, has scheduled its First Quarter 2025 financial results release for May 13th, 2025, after market close. The company will host an investor webcast at 5:00 PM ET the same day to discuss quarterly results and provide business updates.

The company also announced upcoming participation in two investor conferences: the B. Riley Securities 25th Annual Investor Conference in Los Angeles (May 21-22) and the Noble Capital Markets 2025 Emerging Growth Virtual Equity Conference (June 4-5).

Sky Harbour Group (NYSE: SKYH) has announced a new ground lease agreement with the Port of Portland to develop a Home Base hangar campus at Hillsboro Airport (HIO), serving Portland and Hillsboro, Oregon. The development will span approximately 13 acres in two phases and is expected to generate hundreds of local jobs.

The campus will feature state-of-the-art hangars for corporate and private business jets, with dedicated line services for based tenants. Hillsboro Airport becomes Sky Harbour's 18th host airport, joining existing operations across multiple locations including Houston, Nashville, Miami, San Jose, and others.

The facility will include hangar space accommodating various business aircraft sizes, office space, operational infrastructure, and extensive ramp and automobile parking. This expansion represents Sky Harbour's commitment to building a nationwide network of Home-Basing campuses for business aircraft.

Sky Harbour Group Corp. (NYSE: SKYH) demonstrated strong performance in FY24, achieving significant growth despite challenging economic conditions. The company reported consolidated revenues of $14.8M, marking a substantial 95% year-over-year increase from FY23.

Key operational highlights include the introduction of the SH-37 hangar product, a proprietary large-hangar model designed for modern business jets. The company's infrastructure portfolio expanded significantly, with total leasable space reaching approximately 580,000 square feet, while maintaining solid occupancy rates across operational campuses. Additionally, SKYH has over 2.1 million square feet currently under construction or development.

Sky Harbour Group (NYSE: SKYH) reported strong financial results for 2024, with full-year consolidated revenues increasing 95% compared to 2023. The company's constructed assets exceeded $250 million, with consolidated cash and US Treasuries totaling $127 million at year-end.

Key operational highlights include:

• Positive operating cash flow of $6.5 million for Sky Harbour Capital in 2024
• New hangar campus lease secured at King County International Airport – Boeing Field
• Opening of new campuses in Phoenix, Dallas (Addison), and Denver
• Completion of CloudNine and Sky 805 acquisition at Camarillo Airport
• Successful closing of PIPE financing raising $75 million at $9.50 per share

The company maintains its guidance for reaching breakeven operating cash flow/adjusted EBITDA by year-end 2025 and expects to announce six additional hangar ground leases by end of 2025, targeting a total portfolio of 23 airport ground leases.

Sky Harbour Group Corp. (NYSE: SKYH) has received coverage initiation from Stonegate Capital Partners following a strong FY24 performance. The company demonstrated resilience amid economic challenges like inflation and rising interest rates while focusing on aviation infrastructure expansion.

Key highlights include:

• A significant 64% year-over-year increase in lease revenue
• Plans to commence Phase-1 development projects at 6-7 new airport campuses
• Projected acquisition of seven new ground leases by the end of FY25

The company's achievements encompassed completing major construction projects, securing new leases, and maintaining strong occupancy rates. Their strategic investments in new developments and operational excellence have positioned them favorably for future growth.

Sky Harbour Group (NYSE American: SKYH), an aviation infrastructure company developing a nationwide network of Home-Basing campuses for business aircraft, has scheduled its Full Year 2024 financial results announcement and Form 10-K filing for March 27, 2025, after market close.

The company will host an investor webcast at 5:00 pm ET the same day, featuring a review of quarterly and annual financial results, a general business update, and a Q&A session with leadership. The webcast will be accessible through the company's investor relations website and will be available for replay after the event.

Sky Harbour Group (NYSE: SKYH), an aviation infrastructure company building a nationwide network of Home-Basing campuses for business aircraft, has announced two significant events. First, the company will ring the NYSE Closing bell on Tuesday, January 28th to celebrate its uplisting to the NYSE from NYSE American and its third anniversary as a public company. Trading of the company's stock and warrants on NYSE will commence on Monday, January 27th.

Additionally, Sky Harbour has revealed its investor conference schedule for the first half of 2025, which includes five major events: The Microcap Conference in Atlantic City (January 28-30), LD Micro Summit in Fort Lauderdale (February 3-4), J.P. Morgan Public Finance Forum in New York (March 26), LD Micro Invitational XV in New York (April 9-10), and B. Riley Institutional Investor Conference in Los Angeles (May 20-22). Management will attend all events in person, offering group presentations and one-on-one investor meetings.

Sky Harbour Group (NYSE American: SKYH), an aviation infrastructure company, announced the completion of the second closing of its equity raise.

The company issued an additional 3,955,790 PIPE shares of its Class A Common Stock, generating net proceeds of approximately $37.6 million at a sale price of $9.50 per share. Aggregate proceeds from both closings totaled around $75.2 million. The company plans to issue approximately $150 million in new private activity debt financing in the first half of 2025. Combined proceeds from both financings and existing cash on hand, approximately $240 million, will support phase-1 development projects at 6-7 new airport campuses, adding about 800,000 rentable square feet.

Sky Harbour expects to secure seven new ground leases by the end of 2025, expanding its portfolio to 23 airports. Notable participants in the equity raise included affiliates of Altai Capital and Raga Partners, Boulderado, and new long-term investors. The company expressed gratitude for the strategic investors and emphasized its commitment to conservative liquidity and capital management.