6.50
0.00%
Close of 9 Nov 2026, in USD
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About Saker Aviation Services
From its filings with the US Securities and Exchange Commission
Saker Aviation Services is based in New York, New York and is incorporated in Nevada. Its shares trade on OTC under the ticker SKAS. The SEC classifies its business as airports, flying fields & airport terminal services. In the fiscal year to 31 December 2025, it reported revenue of $1.3m and a net loss of $1.1m. At that date it held total assets of $9.1m and shareholders' equity of $8.7m.
Saker Aviation Services, Inc. (“we,” “us,” “our” or the “Company”) is a Nevada corporation. Our common stock, $0.03 par value per share (the “common stock”), is quoted on the OTCQB Marketplace (“OTCQB”) under the symbol “SKAS”. We previously served as the operator of a heliport and currently have limited operations.
We were formed on January 17, 2003 as a proprietorship and were incorporated in Arizona on January 2, 2004. We became a public company as a result of a reverse merger transaction on August 20, 2004 with Shadows Bend Development, Inc., an inactive public Nevada corporation, and subsequently changed our name to FBO Air, Inc. On December 12, 2006, we changed our name to FirstFlight, Inc. On September 2, 2009, we changed our name to Saker Aviation Services, Inc.
As discussed throughout this document, we previously were the operator of the Downtown Manhattan (New York) Heliport until March 29, 2025. Our business activities at the Downtown Manhattan (New York) Heliport facility (the “Downtown Manhattan Heliport”) commenced in November 2008 when we were awarded the Concession Agreement by the City of New York to operate the Downtown Manhattan Heliport, which we assigned to our subsidiary, FirstFlight Heliports, LLC d/b/a Saker Aviation Services. As described in greater detail below, we no longer operate the Downtown Manhattan Heliport.
Quoted from its 10-K, filed 31 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Transportation Infrastructure
- Listed since
- 23 Jul 2012
- Employees
- 2
- Website
- sakeraviation.com ↗
- Head office
- 885 2ND AVENUE, NEW YORK, NY, 10017
- Incorporated in
- NV
- Classification
- Airports, Flying Fields & Airport Terminal Services
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. William WachtelChairman of the Board, President, Chief Executive Officer, Treasurer, Secretary, since 2005
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Saker Aviation Services Inc has several strengths that contribute to its success in the aviation services industry:
Weaknesses
- There are some weaknesses that Saker Aviation Services Inc should address to maintain competitiveness:
Opportunities
- Saker Aviation Services Inc should explore the following opportunities to drive growth and expansion:
Threats
- Saker Aviation Services Inc should be aware of the following threats that may impact its operations:
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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