regulatory
confidence high
sentiment positive
materiality 0.60
PANYNJ authorizes lease for Sky Harbour campus at Stewart International Airport (SWF)
Sky Harbour Group Corp
- Port Authority of NY & NJ voted to authorize lease execution for a Sky Harbour campus at Stewart International Airport.
- Lease is expected to be fully executed in the coming months; campus will serve the NY metropolitan area.
- Sky Harbour expects the campus to house corporate and privately-owned business jets with state-of-the-art hangars.
- Project joins existing campuses in Houston, Nashville, Miami, San Jose and others in development.
- Partnership includes MJJ Builders and Red Tail Flight Academy; expected to create hundreds of local jobs.