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Sky Harbour Announces Campus Development at Dulles International Airport

Retrieved on:

Mittwoch, Mai 29, 2024

The Sky Harbour Group Corporation (NYSE American: SKYH, SKYH WS) announced the execution of a lease agreement with the Metropolitan Washington Airports Authority (“MWAA”) for the development of a Sky Harbour Home Base campus at Dulles International Airport (IAD), Greater Washington DC’s international gateway airport.

Key Points:

The Sky Harbour Group Corporation (NYSE American: SKYH, SKYH WS) announced the execution of a lease agreement with the Metropolitan Washington Airports Authority (“MWAA”) for the development of a Sky Harbour Home Base campus at Dulles International Airport (IAD), Greater Washington DC’s international gateway airport.
The Sky Harbour campus, to be developed on approximately 18 acres, is expected to create or sustain hundreds of local jobs and generate significant economic benefits to Northern Virginia.
The campus will offer “the best home base in business aviation” to house Washington, DC area’s top corporate and privately-owned business jets in state-of-the art hangars, with line-services dedicated exclusively to based tenants, offering “the shortest time to wheels-up in business aviation.”
Dulles International Airport joins Sky Harbour campus locations now operating at Houston’s Sugar Land Regional Airport (SGR), Nashville International Airport (BNA), Miami Opa-Locka Executive Airport (OPF), and San Jose Mineta Airport (SJC); and campuses in development at Denver Centennial Airport (APA), Phoenix Deer Valley Airport (DVT), Dallas Addison Airport (ADS), Chicago Executive Airport (PWK), Bradley International Airport (BDL), Hudson Valley Regional Airport (POU), Orlando Executive Airport (ORL), and Stewart International Airport (SWF); with additional campuses soon to be announced.
Our partnership with Sky Harbour symbolizes the Airports Authority's commitment to ensuring IAD remains at the forefront of meeting current and future demand for aeronautical services in the Washington area.”
Tal Keinan, Sky Harbour’s Chairman and Chief Executive Officer, commented, “Dulles International Airport is business aviation’s gateway to our nation’s capital and a Sky Harbour National Tier-1 airport.

Sky Harbour Group Announces Campus Development at Stewart International Airport

Retrieved on:

Dienstag, Mai 28, 2024

The Sky Harbour Group Corporation (NYSE American: SKYH, SKYH WS) today announced that the Port Authority of New York and New Jersey (PANYNJ) voted to authorize the execution of a lease agreement for the development of a Sky Harbour campus at Stewart International Airport (SWF), serving the New York Metropolitan Area.

Key Points:

The Sky Harbour Group Corporation (NYSE American: SKYH, SKYH WS) today announced that the Port Authority of New York and New Jersey (PANYNJ) voted to authorize the execution of a lease agreement for the development of a Sky Harbour campus at Stewart International Airport (SWF), serving the New York Metropolitan Area.
The Stewart International Airport campus joins Sky Harbour campuses now operating at Houston’s Sugar Land Regional Airport (SGR), Nashville International Airport (BNA), Miami Opa-Locka Executive Airport (OPF), and San Jose Mineta Airport (SJC); campuses in development at Denver Centennial Airport (APA), Phoenix Deer Valley Airport (DVT), Dallas’s Addison Airport (ADS), Chicago Executive Airport (PWK), Bradley International Airport (BDL), Hudson Valley Regional Airport (POU), and Orlando Executive Airport (ORL); and additional campuses soon to be announced.
Tal Keinan, Sky Harbour’s Chairman and Chief Executive Officer, commented, “Sky Harbour’s Stewart International Airport campus will be the third Sky Harbour facility to serve the New York metropolitan area, the nation’s top market for business aviation.
Sky Harbour is honored to be joining the PANYNJ community and committed to delivering the long-term benefits of a Sky Harbour campus to the Cities of Newburgh and New Windsor, to Orange County, and to New York State.

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

Retrieved on:

Mittwoch, Mai 15, 2024

Commercial Building & Real Estate, Construction & Property, Transportation, Finance, Travel, Professional Services, Air, Transport, Airport, Parallel, SJC, BNA, OPF, SGR

Net cash used in operating activities on a consolidated basis during Q1 decreased from $4.5 million to $4.4 million.

Key Points:

Net cash used in operating activities on a consolidated basis during Q1 decreased from $4.5 million to $4.4 million.
At Sky Harbour Capital (Obligated Group), cash flow provided by operating activities reached $1.2 million, an improvement versus $1.0 million used in operating activities during Q1 2023.
As of March 31, 2024, cash, restricted cash, and US Treasury investments amounted to approximately $160 million.
Tal Keinan, Chairman and Chief Executive Officer, commented on 2024 Q1 results and other recent events:
“Sky Harbour continues to execute its 2024 business plan on pace.

Tennessee Flight Training Welcomes Aspiring Pilots During National ‘Learn To Fly’ Month

Retrieved on:

Dienstag, April 23, 2024

Education, Air, Transport, Other Travel, Other Education, Travel, Training, Shelbyville Municipal Airport, Aircraft, CSV, EDT, Certification, MRC, RZR, BNA, SYI, Nashville International Airport, Aviation

In celebration of national “Learn to Fly” month in May, Tennessee Flight Training is hosting a series of open house events at all five of its locations across the state.

Key Points:

In celebration of national “Learn to Fly” month in May, Tennessee Flight Training is hosting a series of open house events at all five of its locations across the state.
Aspiring pilots will have the opportunity to take a tour, meet experienced pilots and instructors, and learn the steps to achieving a rewarding career in aviation.
One of the nation’s preeminent flight schools, Tennessee Flight Training has been headquartered at Nashville International Airport (BNA) for nearly 15 years and has served over 3,000 student pilots.
And with financing options available, it allows anyone to make their dreams of being a pilot a reality.”
Customized to the student’s schedule, Tennessee Flight Training offers dynamic instruction that leads student pilots from novice to the highest levels of certification in two to three years.

Sky Harbour Group Corporation Announces its 2023 Financial Results; Updates on New Ground Leases, Construction and Hangar Leasing; Injects Equity into Obligated Group and Files Various Registration Statements with SEC

Retrieved on:

Mittwoch, März 27, 2024

New ground lease at SJC, encompassing an existing hangar facility to be made operational over the coming several weeks, and land for additional future development.

Key Points:

New ground lease at SJC, encompassing an existing hangar facility to be made operational over the coming several weeks, and land for additional future development.
New ground lease at ORL, with expected construction commencement in Q2 2025.
Construction of Phases 1 in Denver, Phoenix, and Dallas delayed by 3-4 months, with an estimated $26 - $28 million non-recurring remediation cost.
We are now gearing up to perform at scale.”
Sky Harbour will host a live conference call and concurrent webcast at 5 p.m.

Firefly Neuroscience’s White Paper Unveils BNA™ Platform’s Significant Impact on Disease Management in 2,253 U.S Patients

Retrieved on:

Dienstag, März 5, 2024

BNA, Transcranial magnetic stimulation, My Little Pony, AI, FDA, WAVD, Psychiatry, GAD, Antidepressant, EEG, Patient, Attention deficit hyperactivity disorder, DSM-IV codes, ADHD, MDD, Depression

FAIRFAX, Va. and TORONTO, March 05, 2024 (GLOBE NEWSWIRE) -- Firefly Neuroscience, Inc. (“Firefly”), a pioneering AI company developing innovative neuroscientific solutions to improve outcomes for patients with mental illnesses and neurological disorders, today announced the findings presented in a 2023 white paper “Brain Network Analytics (BNA) in the Psychiatric Practice: Real-Life Data Analysis” by Charlotte Baumeister, Ph.D., with analysis by Offir Laufer, Ph.D. Firefly has entered into an agreement (as amended, the “Merger Agreement”) to merge with WaveDancer, Inc. (“WaveDancer”) (NASDAQ: WAVD), subject to the approval of the stockholders of Firefly and WaveDancer (the “Merger”).

Key Points:

This FDA-approved 510(k) tool harnesses vast data sets, including thousands of normative, age-matched electroencephalogram (“EEG”) recordings, empowering clinicians to make informed decisions in therapy and disease management.
The results suggest the transformative potential of the BNA™ Platform to significantly improve psychiatric care.
With the potential to revolutionize disease management, enhance treatment outcomes, and improve the overall well-being of patients with mental illnesses and cognitive disorders, we believe the BNA™ Platform can have a transformative impact.
We believe these findings will pave the way for widespread adoption of the BNA™ Platform into standard patient management protocols.”

Sky Harbour Announces Two New Developments Aimed at Serving the New York and Connecticut Business Aviation Markets and Provides an Update on Construction Activities

Retrieved on:

Montag, Dezember 18, 2023

The new Sky Harbour campuses will be developed on approximately 8 acres at BDL and 7 acres at POU.

Key Points:

The new Sky Harbour campuses will be developed on approximately 8 acres at BDL and 7 acres at POU.
O’Neil said, “Sky Harbour brings unique and differentiated benefits to our county, the Hudson Valley Region, and New York State.
Sky Harbour campuses are constructed in accordance with the Sky Harbour SH16C Prototype hangar design, which is subjected to constant refinement and improvement processes.
As in the past, the Company will protect and support the funding sufficiency of the 2021 Sky Harbour Capital LLC Aviation Facilities Project as amended.

Airport Development Veteran Steve Martin Joins Paslay Group As Executive Advisor

Retrieved on:

Dienstag, November 21, 2023

FORT WORTH, Texas, Nov. 21, 2023 /PRNewswire/ -- Steve Martin, an accomplished aviation and transportation executive with more than four decades' experience in federal, state, and regional organizations operating and developing airports, has joined Paslay Group as an Executive Advisor to the firm's client airports.

Key Points:

FORT WORTH, Texas, Nov. 21, 2023 /PRNewswire/ -- Steve Martin, an accomplished aviation and transportation executive with more than four decades' experience in federal, state, and regional organizations operating and developing airports, has joined Paslay Group as an Executive Advisor to the firm's client airports.
Steve Martin brings more than four decades' experience in airport capital program and business strategy to Paslay Group.
He has executive-level understanding of large organization development, airport operations, public safety, stakeholder relations, and strategic planning with a commitment to economic development.
He has executive-level understanding of large organization development, airport operations, public safety, stakeholder relations, and strategic planning with a commitment to economic development.

Ontario International Airport Authority welcomes new Southwest Airlines service to Nashville

Retrieved on:

Donnerstag, Oktober 26, 2023

Ontario International Airport, Southwest Airlines, Food, Nashville International Airport, Inland Empire, News, ONT, Puerto America Airport, Airport, BNA, Airline

ONTARIO, Calif., Oct. 26, 2023 /PRNewswire/ -- Ontario International Airport (ONT) officials welcomed the announcement that Southwest Airlines will add daily nonstop service to Nashville International Airport (BNA) beginning June 4th next year. The new service is now available for booking at Southwest.com.

Key Points:

ONTARIO, Calif., Oct. 26, 2023 /PRNewswire/ -- Ontario International Airport (ONT) officials welcomed the announcement that Southwest Airlines will add daily nonstop service to Nashville International Airport (BNA) beginning June 4th next year.
"Our friends at Southwest Airlines have a wonderful home at Ontario International, and we couldn't be more pleased by their continued commitment to our airport, and the addition of new service to Nashville," said Atif Elkadi, CEO of the Ontario International Airport.
Nashville will become Southwest's 12th nonstop destination from ONT while Music City will be the Southern California gateway's 24th nonstop destination overall.
News of the ONT-BNA service, announced earlier today, comes just weeks after Ontario earned the highest score among California airports in the prestigious J.D.

ALLEGIANT POISED FOR EXPANSION AT NASHVILLE WITH NEW TERMINAL OPENING

Retrieved on:

Mittwoch, Oktober 18, 2023

Allegiant, Heart, Allegiant Air, Concourse, Growth, City, Travel, Tourism, Nashville International Airport, Aircraft, BNA, Airline

LAS VEGAS, Oct. 18, 2023 /PRNewswire/ -- Today Allegiant Travel Company (NASDAQ: ALGT) announced it will relocate its Nashville International Airport's® (BNA®) operations from Concourse B to the brand new Satellite Concourse, setting the stage for the airline's next phase of growth at BNA.

Key Points:

Allegiant passengers will now board and deplane their aircraft in a new state-of-the-art facility designed to enhance their overall travel experience.
The move will allow the leisure travel-focused carrier to offer a more robust schedule of flights that includes opportunities for future expansion at BNA.
Of those cities, 19 routes are unique to Allegiant – meaning no other airlines offer nonstop service on those routes.
Today, Allegiant serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket.