other material
confidence high
sentiment positive
materiality 0.60
Sky Harbour signs 30-year SLC lease for hangar campus; $40M minimum improvements
Sky Harbour Group Corp
- Ground lease at Salt Lake City International Airport on 8.4 acres; initial 30-year term with two 20-year renewal options.
- Minimum capital improvements of $40 million required under lease terms.
- Second Rocky Mountain campus after Centennial Airport (APA); complements existing and developing sites.
- Sky Harbour now has campuses at SGR, BNA, OPF, SJC, plus 8 others under development.