Sky Harbour Group Corporation has announced the development of a new Sky Harbour Home Base Campus at Trenton-Mercer Airport, marking its fourth airport serving the New York metro area. The campus, covering approximately 10 acres, is expected to create or sustain hundreds of local jobs and generate significant economic benefits for Mercer County.
This new development comes as part of Sky Harbour's initiative to establish a nationwide network of home-basing campuses for business aircraft. The company aims to provide private and corporate residents with top-tier physical infrastructure in business aviation, coupled with dedicated service tailored specifically to based aircraft, offering the shortest time to wheels-up in business aviation.
Trenton-Mercer Airport, which has been in operation for over 90 years, serves as a convenient and safe mode of transit for the Mercer County region. It averages approximately 100,000 take-offs and landings each year and is a significant economic contributor, providing thousands of jobs and contributing hundreds of millions of dollars to the local economy.
According to Tal Keinan, Sky Harbour's Chairman and CEO, the new campus at Trenton-Mercer Airport will be another best-in-class facility with outstanding operational leadership driving uncompromising standards for business aviation safety and efficiency.
Mercer County Executive Dan Benson expressed excitement about welcoming Sky Harbour to the county, emphasizing that the agreement underscores Trenton-Mercer Airport's status as an important hub for business aviation, bringing investment, jobs, and revenue into communities throughout the county and the region.
As Sky Harbour continues its expansion, the company's focus on delivering exceptional operational leadership and uncompromising standards for business aviation safety and efficiency remains a key priority in its nationwide network of home-basing campuses for business aircraft. The market has reacted to these announcements by moving the company's shares 1.6% to a price of $12.91. If you want to know more, read the company's complete 8-K report here.