$SKYH

Few.....

"The second pillar of our areas of excess returns is our ability to and the fact that we are a greenfield developer, meaning that we take that land, we construct and invest at cost and are able to then, you know, create value for our shareholders.

In general terms -- in general terms, on average, for every dollar that we invest in a new campus of hangars, we probably could realize $3 and change if we were to flip that in a market value. So that pop or that walk from cost to market value accrues to our equity holders.

And obviously we use leverage. We use leverage, so on an equity basis, the pop from greenfield to brownfield is about six or seven times, depending on certain assumptions. So that's the second pillar of our way that we achieve excess returns over time. We are a greenfield developer."

-Francisco Gonzalez, SKYH CFO