Saker Aviation Q2 FY26 net loss narrows to $21,283; revenue turns to $15,000 - SKAS News | RalliesSaker Aviation Q2 FY26 net loss narrows to $21,283; revenue turns to $15,000
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SKAS• Quarterly results narrow loss
- Saker Aviation Services posted a Q2 net loss of USD 21,283, narrowing from USD 266,174 a year earlier.
- Revenue was USD 15,000, swinging from no revenue in the prior-year quarter as it generated financial advisory fees.
- Operating loss narrowed to USD 98,611 from USD 368,900, while SG&A fell 76.5% to USD 86,736.
- Cash and cash equivalents totaled USD 4.25 million at June 30, 2026, with a working capital surplus of USD 8.49 million.
- Operations have shifted to strategic financial advisory services after ending Downtown Manhattan Heliport operations on March 29, 2025.
