Sky Harbour Group (NYSE American: SKYH, SKYH WS), an aviation infrastructure company building the first nationwide network of home-basing solutions for business aircraft, has executed an agreement with the town of Addison, Texas; the agreement almost doubles Sky Harbour’s footprint at Dallas’s Addison Airport (“ADS”). According to the agreement, the amended lease means that SKYH’s rentable square footage at ADS will expand to approximately 195,000. The company noted that it has open, operating campuses at Houston’s Sugar Land Regional Airport and Nashville International Airport; plans are in place to open campuses at the Miami Opa-Locka Executive Airport, Denver Centennial Airport and Phoenix Deer Valley Airport.
“Dallas is among the largest business jet hubs in the country and one of Sky Harbour’s strongest markets,” said Sky Harbour Group CEO and chair Tal Keinan in the press release. “Addison is positioned in a prime location within the Dallas metro center and enjoys outstanding airport management. We believe the expanded Sky Harbour campus will strengthen Addison’s position as the airport of choice for many of Dallas’s top private and corporate flight departments.”
To view the full press release, visit https://ibn.fm/LBotN
About Sky Harbour Group Corporation
Sky Harbour Group is an aviation infrastructure company developing the first nationwide network of home-basing solutions for business aircraft. The company develops, leases and manages general aviation hangars across the United States. Sky Harbour’s home basing solution aims to provide private and corporate customers with the best physical infrastructure in business aviation, coupled with dedicated service tailored to based aircraft, offering the shortest time to wheels-up in business aviation. To learn more about the company, visit www.SkyHarbour.group
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