Saker Aviation notified NYCEDC intends to award heliport concession to another company

Saker Aviation Services, Inc.

NYCEDC notified Saker on Nov 20, 2024, of intent to award Downtown Manhattan Heliport concession to another firm.
Saker's current interim agreement runs to June 12, 2025, but NYCEDC may terminate early at any time.
If concession is lost or agreement terminated early, Saker's operations will cease and it will have no revenue business.
The company's entire current revenue depends on exclusive operation of the Heliport under the Interim Agreement.

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