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Stock impact report

Sky Harbour outlines plan to reach 23 airports by 2025 while accelerating pre-leasing strategy and capital formation [Seeking Alpha]

Sky Harbour Group Corporation Class A (SKYH) 
Company Research Source: Seeking Alpha
CEO Tal Keinan reported that Sky Harbour has 19 airports in operation or development and reaffirmed guidance to deliver 23 by the end of 2025. Keinan highlighted the recent Quick Insights Management reiterated guidance to deliver 23 airports by year-end 2025, highlighting ongoing site expansions and operational progress. The company reports strong liquidity with $48 million in cash and a $200 million facility, funding it 18–24 months ahead. Also, it added a permanent pre-leasing strategy and contemplates joint ventures where beneficial. Management highlights systematization and guaranteed maximum price contracts as reducing construction and pre-leasing risks, aiming for 50% pre-leasing per project. More Trending News Show less Read more
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