Sky Harbour signs 50-year ground lease at Washington Dulles for hangar campus

Sky Harbour Group Corp

Lease covers ~18 acres at Dulles (IAD) from MWAA; initial term ~50 years to March 31, 2074, with 10-year extension option.
Two-phase development; rent starts on Phase I at certificate of occupancy or 36 months after permits, Phase II by permit or 5 years after Phase I CO.
Campus to house business jets with dedicated line services; part of Sky Harbour's national network expansion.
Existing operational campuses at SGR, BNA, OPF, SJC; additional campuses under development at APA, DVT, ADS, PWK, BDL, POU, ORL, SWF.

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