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Release – Sky Harbour Announces Two New Hangar Campus Developments at Van Nuys Airport (VNY) in Los Angeles

Real Estate
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Nov 9, 2026 7:00 AM Eastern Standard Time

WEST HARRISON, N.Y.–(BUSINESS WIRE)–Sky Harbour Group Corporation (NYSE: SKYH, SKYH WS) (“SHG” or the “Company”), an aviation infrastructure company building the first nationwide network of Home Base Operator (HBO) campuses for business aircraft, announced that the Los Angeles City Council has approved two ground leases at Van Nuys Airport (VNY) for the development of Sky Harbour HBO campuses. The ground leases are expected to be formally executed in the coming weeks. Van Nuys Airport is one of the most active general aviation airports in the country and is the primary business aviation gateway to Los Angeles.

“Van Nuys operators have actively been seeking the Sky Harbour Home Base Operator model, and we are excited to deliver it,” said Tal Keinan, CEO of Sky Harbour. “We are grateful to the Los Angeles City Council, the Board of Airport Commissioners, and to the Van Nuys and Los Angeles World Airports teams for their partnership. Sky Harbour plans to bring new and lasting value to the airport, to Los Angeles Business Aviation, and to the San Fernando Valley community.”

The VNY developments are expected to bring significant private investment to Van Nuys Airport and to create or sustain hundreds of local construction and operations jobs.

About Sky Harbour

Sky Harbour Group Corporation is an aviation infrastructure company developing the first nationwide network of Home-Basing campuses for business aircraft. The company develops, leases, and manages general aviation hangar campuses across the United States. Sky Harbour’s Home-Basing offering aims to provide private and corporate residents with the best physical infrastructure in business aviation, coupled with dedicated service, tailored specifically to based aircraft, offering the shortest time to wheels-up in business aviation. To learn more, visit www.skyharbour.group.

Forward Looking Statements

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, including statements about the financial condition, results of operations, earnings outlook and prospects of SHG, including statements regarding our expectations for future results, our expectations for future ground leases, our plans for future capital raising activity, our expectations on future construction and development activities and lease renewals, and our plans for future financings. When used in this press release, the words “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would” and other similar words and expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements are based on the current expectations of the management of Sky Harbour Group Corporation (the “Company”) as applicable and are inherently subject to uncertainties and changes in circumstances. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. For more information about risks facing the Company, see the Company’s annual report on Form 10-K for the year ended December 31, 2025 and other filings the Company makes with the SEC from time to time. The Company’s statements herein speak only as of the date hereof, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Contacts

Sky Harbour Investor Relations: [email protected]
Attn: Francisco X. Gonzalez

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