Dallas, Texas--(Newsfile Corp. - March 10, 2025) - Sky Harbour Group Corp. (NYSE: SKYH): Stonegate Capital Partners initiates their coverage on Sky Harbour Group Corp. (NYSE: SKYH). Sky Harbour continued to demonstrate resilience and growth throughout FY24. The Company successfully navigated economic challenges, including inflation and rising interest rates, while maintaining a strong focus on expanding its portfolio of aviation infrastructure. Key achievements included the completion of several major construction projects, securing new leases, and maintaining robust occupancy rates. The Company's strategic investments in new developments and its commitment to operational excellence have positioned it well for future growth.
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Key Takeaways:
- Lease revenue increased by 64% year-over-year.
- Expected to begin Phase-1 development projects at 6-7 new airport campuses.
- The Company expects seven new ground leases by the end of FY25.
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About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.
Contacts:
Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com
Source: Stonegate, Inc.
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