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Last $0.09 USD
Change Today 0.00 / 0.00%
Volume 81.9K
SKAS On Other Exchanges
As of 8:10 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

saker aviation services inc (SKAS) Snapshot

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52 Week High
02/3/15 - $0.14
52 Week Low
07/30/14 - $0.05
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saker aviation services inc (SKAS) Details

Saker Aviation Services, Inc., through its subsidiaries, operates in the aviation services segment of the general aviation industry in the United States. It serves as the operator of a heliport, a fixed base operation (FBO), and a consultant for a seaplane base that it do not own, as well as serves as a provider of aircraft maintenance, repair, and overhaul (MRO) services. The company’s FBOs provide ground-based services, such as fueling and aircraft storage for general aviation, commercial and military aircraft, and other miscellaneous services. Its business activities are carried out as the operator of the Downtown Manhattan (New York) Heliport, as an FBO at the Garden City (Kansas) Regional Airport, as an MRO at the Bartlesville (Oklahoma) Municipal Airport, and as a consultant to the operator of a seaplane base in New York City. The company was formerly known as FirstFlight, Inc. and changed its name to Saker Aviation Services, Inc. in September 2009. Saker Aviation Services, Inc. was founded in 2003 and is headquartered in New York, New York.

42 Employees
Last Reported Date: 03/31/15
Founded in 2003

saker aviation services inc (SKAS) Top Compensated Officers

President, Principal Financial Officer, Princ...
Total Annual Compensation: $150.0K
Compensation as of Fiscal Year 2014.

saker aviation services inc (SKAS) Key Developments

Saker Aviation Services, Inc. Announces Board Appointments

On June 25, 2015, The Board of Directors of Saker Aviation Services, Inc. appointed each of Marc Chodock and Roy Moskowitz to serve as Directors of the company. Mr. Chodock has served as Managing Member of Arvice Capital Management LLC since February 2013. Previously, he was a consultant in the New York office of McKinsey & Company, Inc. from 2011 to 2013. Mr. Moskowitz has served as the Chief Legal Officer and Secretary of The New School since September 2006. Prior to his tenure at The New School, he served as Deputy to the Regional Superintendent of Region 9 in the New York City School District, from August 2003 to June 2004, and as Special Counsel of Community School District #2 from September 2000 to July 2003.

Saker Aviation Services, Inc. Announces Resignation of Jeffrey B. Mendell from Board of Directors

On May 1, 2015, Jeffrey B. Mendell informed the board of directors of Saker Aviation Services, Inc. of his resignation from the board of directors.

Saker Aviation Services, Inc. Announces Financial Results For The Three Months Ended March 31, 2014

Saker Aviation Services, Inc. reported earnings results for the first quarter ended March 31, 2014. For the quarter, the company’s revenue from continuing operations increased by 12.7% to $3,045,439 as compared with corresponding prior-year period revenue of $2,701,456. The primary drivers of the increase were revenue associated with services and supply items, which increased by 30.5% to approximately $1,700,000. Net income was $11,869, a decrease of 79.2% as compared to net income of $56,953 in the same period in 2013. Revenue increase was primarily driven by acquisition of a maintenance, repair and overhaul firm in the third quarter of 2013. The company also reported adjusted EBITDA of $184,310, a decrease of $165,504 or 47.3% as compared to adjusted EBITDA of $349,815 in the three months ended March 31, 2013.


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