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Sky Harbour Reports Record Q1 2024 Revenues, Achieves Cash Flow Break-Even at Sky Harbour Capital and Prepares for Accelerated Construction Activity

Sky Harbour Group Corporation (SKYH) 
Company Research Source: Business Wire
WEST HARRISON, N.Y.--(BUSINESS WIRE)--Sky Harbour Group Corporation (NYSE American: SKYH, SKYH WS) (“SHG” or the “Company”), an aviation infrastructure company building the first nationwide network of Home-Basing campuses for business aircraft, announced the release of its unaudited financial results for the quarter ended March 31, 2024 on Form 10-Q. The Company also announced the filing of its unaudited financial results for the quarter ended March 31, 2024 for Sky Harbour Capital (Obligated Group) with MSRB/EMMA. Please see the following links to access the SEC filings:10-Q:https://www.sec.gov/ix?doc=/Archives/edgar/data/0001823587/000143774924016606/ysac20240331_10q.htmMSRB/EMMA:https://emma.msrb.org/P11753880-P11348073-P11784121.pdfFinancial Highlights include:2024 Q1 revenues increased 117% as compared to Q1 2023.2024 Q1 SG&A expenses increased 38% as compared to Q1 2023.Net cash used in operating activities on a consolidated basis during Q1 decreased from $4.5 million to $4. Show less Read more
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