West Harrison-based Sky Harbour Group Corp. (NYSE: SKYH) has signed ground leases for the development of new hangars at Connecticut’s Bradley International Airport and at Hudson Valley Regional Airport in Wappinger Falls.
Sky Harbour will construct and operate the hangars on an approximately 8-acre site at Bradley and a 7-acre site at Hudson Valley Regional. The hangars will be used for the area’s corporate and privately-owned business jets.
“Bradley International Airport and Hudson Valley Regional are among the best-managed airports in the United States, and serve the country’s top business aviation market,” said Sky Harbour Chairman and CEO Tal Keinan. “Sky Harbour is honored to be joining the BDL and POU community and is committed to maximizing the long-term benefits of a Sky Harbour campus to Connecticut, Dutchess County, and the New York metro area.”
“As we diversify our partner portfolio and bolster aviation activity at Bradley International Airport, we are pleased to have partnered with Sky Harbour Group to drive further growth at the airport,” said Connecticut Airport Authority Executive Director Kevin A. Dillon. “Their multi-million-dollar private investment will benefit our region for years to come, by creating jobs and making our airport even more attractive to the corporate and private aviation market.”
Dutchess County Executive William F.X. O’Neil added, “Sky Harbour brings unique and differentiated benefits to our county, the Hudson Valley Region, and New York State. We appreciate the spirit of partnership and professionalism that the Sky Harbour team has brought to this relationship. We value the company’s track record of delivering on its commitments and look forward to working together to enhance our Hudson Valley Regional Airport’s value to our community and to the business aviation community.”
Sky Harbour also has hangar sites operating at Houston’s Sugar Land Regional Airport, Nashville International Airport and Miami Opa-Locka Executive Airport, with other sites under construction at Denver Centennial Airport, Phoenix Deer Valley Airport, Dallas Addison Airport and Chicago Executive Airport.
