SkyHarbour(US:SKYH) Newsfileยท2025-03-31 13:47Core Insights - Sky Harbour Group Corp. (NYSE: SKYH) has shown strong growth and resilience in FY24, effectively managing economic challenges such as inflation and high interest rates while expanding its aviation infrastructure portfolio [1][7] - The company achieved a significant milestone with consolidated revenues of $14.8 million, marking a 95% year-over-year increase from FY23 [7] - Key developments include the completion of major construction projects, acquisition of existing facilities, and the introduction of the SH-37 hangar product, which is designed for modern business jets, enhancing its competitive edge in premium aviation infrastructure [1][7] Financial Performance - Consolidated revenues reached $14.8 million, reflecting a 95% increase compared to FY23 [7] - Total leasable space expanded to approximately 580,000 square feet, with over 2.1 million square feet currently under construction or in development [7] Strategic Initiatives - The launch of the SH-37 hangar product represents a strategic move to cater to the needs of modern business jets, thereby strengthening the company's market position [1][7] - The company has maintained solid occupancy rates across its operational campuses, indicating effective management and demand for its facilities [1]