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Sky Harbour Announces New Portland (Oregon) Campus Development at Hillsboro Airport (HIO)

1. Sky Harbour Group signed a new ground lease with the Port of Portland. 2. The development will support business aircraft at Hillsboro Airport.

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FAQ

Why Bullish?

The lease agreement positions SKYH for growth amid increasing demand for aviation infrastructure, similar to past developments that positively impacted stock performance.

How important is it?

Strategic lease agreements for expansion directly influence future revenue potential, making it significant for investors.

Why Long Term?

Development will contribute to long-term revenue and operational growth as business aviation expands in Portland.

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BALMTRTX
WEST HARRISON, N.Y.--(BUSINESS WIRE)--Sky Harbour Group Corporation (NYSE: SKYH, SKYH WS), an aviation infrastructure company building the first nationwide network of Home-Basing campuses for business aircraft, announced the execution of a new ground lease agreement with the Port of Portland for the development of a Sky Harbour Home Base hangar campus at Hillsboro Airport (HIO), serving Portland, OR, and the City of Hillsboro, OR. The Sky Harbour campus, a two-phase development on approximately.

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