Earnings ·
Sky Harbour raises full-year revenue guidance to $44M-$48M on higher occupancy, cuts EBITDA outlook
SKYHSky Harbour Group Corp
Sky Harbour Group revised its 2026 year-end revenue guidance upward to a range of $44 million to $48 million from the previous $42 million to $46 million, driven by increased occupancy and fueling at existing operating campuses. Conversely, adjusted EBITDA guidance was lowered to $0 to $4 million from $4 million to $6 million due to operating costs associated with the expected opening of the Bradley International Airport campus in early December and delays in the Phase 2 Dallas Addison Airport project completion until Q1 2027. The company reported record third-quarter results, including a 45% increase in consolidated revenues compared to the prior year period and $439 million in constructed assets and construction in progress. Sky Harbour Group is an aviation infrastructure company developing a nationwide network of home-basing campuses for business aircraft.