Sky Harbour reported a robust second quarter with a significant 82% year-over-year revenue increase, driven by new campus openings and operational improvements, while cash flow usage saw substantial reductions.

• Consolidated revenues reached $6.6 million, up 82% YoY, reflecting growth from existing campuses and the acquisition of Camarillo.
• Operating cash flow improved dramatically to under $1 million used in Q2, down from $5 million in Q1, enhancing expectations for breakeven by year-end.
• The potential annualized revenue from newly opened campuses is projected at $14 million, underscoring strong growth momentum going into Q3 and Q4.
• Sky Harbour's revenue capture potential is anticipated to approach $200 million by year-end, bolstered by an effective leasing strategy.
• Strategic leasing efforts have commenced, focusing on pre-leasing at yet-to-be-constructed campuses.