---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-028155"
form_type: "8-K"
ticker: "SKYH"
cik: "0001823587"
company_name: "Sky Harbour Group Corp"
filed_at: "2023-10-12T23:59:59+00:00"
generated_at: "2026-06-10T00:54:54.648436+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sky Harbour Group enters ground lease for 25-acre hangar campus at Chicago Executive Airport

## Summary
- Executed 50-year ground lease with Chicago Executive Airport for Phase I (15 acres); intent for Phase II (10 acres) at airport's discretion.
- Development expected to create hundreds of jobs and generate ~$550M in economic benefits.
- Campus will house ~20 business jets with dedicated line-services and quick turnaround.
- Joins existing campuses at SGR, BNA, OPF and under development at APA, DVT, ADS.

## SEC filing metadata
- accession: 0001437749-23-028155
- form_type: 8-K
- ticker: SKYH
- cik: 0001823587
- company_name: Sky Harbour Group Corp
- filed_at: 2023-10-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823587/000143774923028155/0001437749-23-028155-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823587/000143774923028155/ysac20231012_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-028155
- JSON: https://secwatch.observer/filing/0001437749-23-028155.json
- Plain text: https://secwatch.observer/filing/0001437749-23-028155.txt

## Key facts
- Material Agreements
  Sky Harbour Group Corp entered into PWK Lease with Chicago Executive Airport (effective 2023-10-11).
  - Action: entry
  - Agreement: lease
  - Counterparty: Chicago Executive Airport
  - Effective: 2023-10-11
  source text: On October 11, 2023, Sky Harbour Group Corporation (the “Company”), through a wholly-owned subsidiary of the Company, entered into a ground lease agreement (the "PWK Lease") with Chicago Executive Airport ("PWK").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823587/000143774923028155/0001437749-23-028155-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.