Sky Harbour Group Reports Significant Growth in Q2 2025, Expands Aviation Infrastructure Footprint

Sky Harbour Group Corporation (NYSE: SKYH) has demonstrated a strong operational and financial performance in the second quarter of 2025, with revenues soaring by 82% year-over-year to $6.6M. This growth is attributed to the company's strategic expansions and leasing activities within the aviation infrastructure sector, marking a significant milestone in its development trajectory.

The commencement of operations at Dallas Addison (ADS) and Seattle Boeing Field (BFI), alongside the anticipated start of resident flight operations at Denver Centennial (APA) in early Q3, highlights Sky Harbour's expanding footprint. Furthermore, the groundbreaking of Miami Opa-Locka (OPF) Phase 2 and advancements in pre-development at several Tier 1 airport sites underscore the company's dedication to broadening its nationwide network. A pilot program for pre-leasing hangars at airports not yet under construction has successfully secured early commitments, indicating a strong demand for Sky Harbour's services.

Financially, the company has seen rental revenue grow to $5.2M and fuel revenue increase to $1.4M. Despite facing higher operational costs due to newly opened campuses, Sky Harbour's strategic initiatives, including the formation of Ascend Aviation Services, aim to improve quality control and reduce expenses. With a robust balance sheet featuring $74.9M in consolidated cash and a recent $200M tax-exempt warehouse debt facility secured for future developments, Sky Harbour is well-positioned for continued growth.

Stonegate Capital Partners has updated its coverage on Sky Harbour Group Corp., offering a valuation range of $13.53 to $20.69, which reflects a strong confidence in the company's growth potential and operational strategy. For more information on Sky Harbour's developments and financials, visit https://www.skyharbour.group.