Sky Harbour Announces New Long Beach, California (LGB) Hangar Campus Development

WEST HARRISON, N.Y.--(BUSINESS WIRE)-- Sky Harbour Group Corporation (NYSE: SKYH, SKYH WS), an airport infrastructure company building the first nationwide network of Home Base Operator (HBO) campuses for business aircraft, announced the execution of a ground lease agreement with the City of Long Beach, California, for the development of a Sky Harbour HBO campus at Long Beach Airport (LGB), serving the Long Beach, Orange County and Greater Los Angeles, regions.

The proposed Sky Harbour campus will offer “the best home base in business aviation” to house Southern California’s top corporate and private business jets in state-of-the art hangars, with line services dedicated exclusively to based tenants, offering “the shortest time to wheels-up in business aviation.” The two-phase development on approximately 17 acres, is expected to create or sustain hundreds of local jobs and generate meaningful economic benefits for Southern California.

Long Beach Airport, Sky Harbour’s 19^th home-base airport, joins Sky Harbour campus locations now operating at Houston’s Sugar Land Regional Airport (SGR), Nashville International Airport (BNA), Miami Opa-Locka Executive Airport (OPF), San Jose Mineta Airport (SJC), Southern California’s Camarillo Airport (CMA), Seattle’s King County International Airport – Boeing Field (BFI), Phoenix Deer Valley Airport (DVT), Dallas Addison Airport (ADS), and Denver Centennial Airport (APA); and campuses in development at Chicago Executive Airport (PWK), Connecticut Bradley International Airport (BDL), New York Hudson Valley Regional Airport (POU), Orlando Executive Airport (ORL), Washington Dulles International Airport (IAD), New York Stewart International Airport (SWF), Salt Lake City International Airport (SLC), New Jersey Trenton-Mercer Airport (TTN), and Portland Hillsboro Airport (HIO), with additional campuses to be announced soon.

Tal Keinan, Sky Harbour CEO commented, “Long Beach has successfully established itself as a hive of innovation, most notably in the aerospace technology sector. Business aviation will increasingly power business innovation and economic growth in this community. The City of Long Beach, with the strong leadership of Mayor Richardson, Councilwoman Kerr, and Aviation Director Cynthia Guidry, has been an outstanding partner to Sky Harbour, welcoming Sky Harbour to what is already one of the nation’s largest and most dynamic business aviation markets. We are committed to delivering another best-in-class facility, upholding the new gold-standard for safety, security, and efficiency in business aviation, to the benefit of the citizens of Long Beach, Orange County, and Southern California.”

“We’re delighted to welcome Sky Harbour to Long Beach Airport,” said Airport Director Cynthia Guidry. “This agreement underscores Long Beach as an important hub for business aviation, which brings investment, jobs, and revenue directly into the City and communities throughout our region.”

Sky Harbour’s facility will include hangar space to house business aircraft of all sizes, with adjacent office space, operational infrastructure, and generous ramp and automobile parking.

About Sky Harbour
Sky Harbour Group Corporation is an aviation infrastructure company developing the first nationwide network of Home-Base Operator (HBO) campuses for business aircraft. Sky Harbour’s HBO offering aims to provide private and corporate flight departments with the best physical infrastructure in business aviation, coupled with dedicated service tailored specifically to based aircraft, offering the shortest time to wheels-up in business aviation. To learn more, visit www.skyharbour.group.

About Long Beach Airport
Long Beach Airport, ranked the second-best airport in the nation by The Washington Post, is centrally located between Los Angeles and Orange counties. Its carriers—Delta Air Lines, Hawaiian Airlines and Southwest Airlines—offer nonstop service to 21 airports nationwide, including Hawaii, with one-stop connections to nearly 400 cities worldwide. Learn more at lgb.org.

About the City of Long Beach
Long Beach is nestled along the Southern California coast and home to approximately 466,000 people. As an award-winning full-service charter city, Long Beach offers the amenities of a metropolitan city while maintaining a strong sense of individual and diverse neighborhoods, culture, and community. With a bustling downtown and over six miles of scenic beaches, Long Beach is a renowned tourist and business destination and home to the iconic Queen Mary, nationally recognized Aquarium of the Pacific and Long Beach Airport, the award-winning Long Beach Convention and Entertainment Center and world-class Port of Long Beach.

Forward Looking Statements
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995, including statements about the expectations regarding future operations at SHG and its subsidiaries. When used in this press release, the words “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would” and other similar words and expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements are based on the current expectations of the management of the Company as applicable and are inherently subject to uncertainties and changes in circumstances. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. For more information about risks facing the Company, see the Company’s annual report on Form 10-K for the year ended December 31, 2024 and other filings the Company makes with the SEC from time to time. The Company’s statements herein speak only as of the date hereof, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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Sky Harbour Airport Relations: estolpman@skyharbour.group

Sky Harbour Resident Relations: asigourney@skyharbour.group

Sky Harbour Investor Relations: investors@skyharbour.group Attn: Francisco Gonzalez

Source: Sky Harbour Group Corporation