Sky Harbour Group Corp. announced a ground lease for a new home‑base campus at Fort Worth Meacham International Airport, adding a second 32,000‑square‑foot hangar and dedicated office and lounge suites to serve based operators.
The new site will be the company’s third Texas location and 21st nationwide, expanding its network of dedicated home‑basing facilities for business aviation. The campus will also feature Sky Harbour’s proprietary line‑service offering, designed to provide operators with tailored concierge and maintenance support.
The announcement comes as Sky Harbour reports strong Q3 2025 revenue growth of 78% year‑over‑year to $7.3 million, while net loss narrowed to $4.65 million. The company is approaching break‑even on cash‑based operations, but still carries losses and a low Altman Z‑Score, underscoring the need for continued financial discipline.
Management highlighted Fort Worth as a robust high‑growth market with a strong aviation heritage. CEO Tal Keinan said the new campus will support operators with white‑glove concierge services and tailored infrastructure, reinforcing Sky Harbour’s value proposition.
The company has secured a $200 million term loan facility with JPMorgan Chase, expandable to $300 million, to fund hangar development and vertical integration through a building‑manufacturing acquisition. Sky Harbour plans to reach 23 campuses by year‑end 2025 and target 50+ in the next 3‑5 years.
While the company’s valuation is reported between $318.8 million and $740 million, the expansion signals confidence in the growing business‑aviation infrastructure market and positions Sky Harbour to capture increasing demand for dedicated home‑basing solutions.
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