Sky Harbour Group (SKYH) Investor presentation summary

Market opportunity

• US business aviation fleet square footage grew 73% from 2010 to 2025, with net growth exceeding 3 million square feet per year.

• Hangar supply is structurally constrained due to lack of new airports and dwindling available land at existing airports.

• Hangar occupancy exceeds 100% at major business aviation hubs, with surveys citing scarcity and waiting lists.

Business model and differentiation

• Secures land at key US airfields, develops private hangar campuses, and leases them to tenants.

• Home Base Operator model offers stable, contracted cash flows through medium to long-term leases.

• Focuses on premium real estate at constrained airports, emphasizing privacy, safety, and convenience.

• Proprietary site acquisition process and greenfield development drive higher expected returns.

Operations and construction

• Vertically integrated construction stack reduces unit costs and expedites project delivery.

• Standardized hangar design lowers costs, minimizes risk, and allows for rapid scaling.

• Dedicated, veteran-led team uses proprietary acquisition strategies to secure prime sites.

• Service model prioritizes efficiency, security, privacy, and customization for tenants.