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Sky Harbour Group ( (SKYH) ) has issued an announcement.
Sky Harbour Group Corporation has signed a 30-year ground lease agreement with Mercer County for the development of a Home Base campus at Trenton-Mercer Airport, spanning approximately 10 acres. This initiative is expected to boost the local economy by creating or sustaining hundreds of jobs and offering state-of-the-art facilities for business jets, further strengthening Trenton-Mercer Airport’s role as a key business aviation hub in the region.
More about Sky Harbour Group
Sky Harbour Group Corporation is an aviation infrastructure company focused on developing a nationwide network of Home-Basing campuses for business aircraft. The company specializes in developing, leasing, and managing general aviation hangar campuses across the United States, providing private and corporate clients with top-tier infrastructure and dedicated services for business aviation.
YTD Price Performance: 35.30%
Average Trading Volume: 82,430
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $933.7M
For an in-depth examination of SKYH stock, go to TipRanks’ Stock Analysis page.
