Saker Aviation Services Inc
sakeraviation.comWhat Do They Do?
Operated a heliport selling ground-based services and supplies to aviation customers; provides financial advisory services to clients.
10-K for FY2025, filed Mar 31, 2026As discussed throughout this document, we previously were the operator of the Downtown Manhattan (New York) Heliport until March 29, 2025.…View ↗
Beginning in December 2025, we commenced providing strategic financial advisory services to clients.View ↗
The Company recognized revenue from ground-based services, such as fueling. Revenue for the sale of ground-based services were recognized…View ↗
How Do They Make Money?
Customers are invoiced when ground services are performed; fuel sales are counted when products are delivered, and consulting services are counted in the month provided.
10-K for FY2025, filed Mar 31, 2026The Company recognized revenue from ground-based services, such as fueling. Revenue for the sale of ground-based services were recognized…View ↗
$1.3M
-
10-K for FY2025, filed Mar 31, 2026
$1.3M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Services and Supply Items
Sold outright
10-K for FY2025, filed Mar 31, 2026 |
74% |
Services and Supply Items, FY2025
$937K Sources
|
Sold outright |
|
Jet Fuel and Related Items
Sold outright
10-K for FY2025, filed Mar 31, 2026 |
23% |
Jet Fuel and Related Items, FY2025
$297K Sources
|
Sold outright |
|
Product and Service, Other
|
2.5% |
Product and Service, Other, FY2025
$32K Sources
|
Who Are Their Customers?
The company provided financial advisory services to one customer at year-end; its heliport operation sold ground services and fuel and supported sightseeing and corporate-charter activity.
10-K for FY2025, filed Mar 31, 2026At December 31, 2025, the Company provided financial advisory services to one customer. For the fiscal year ending December 31, 2024, the…View ↗
During the year ended December 31, 2024, our New York location was the only heliport authorized by New York to perform sightseeing tours.…View ↗
The Company recognized revenue from ground-based services, such as fueling. Revenue for the sale of ground-based services were recognized…View ↗
Do Revenues Turn Into Profits?
No. It lost $1.1M in FY2025.
10-K for FY2025, filed Mar 31, 2026
−$1.4MView ↗
10-K for FY2025, filed Mar 31, 2026
−$1.1MView ↗
10-K for FY2025, filed Mar 31, 2026
−$610.3KView ↗
How Are They Changing?
Shrinking. Revenue fell 47% in 4 years, from $2.4M in FY2021 to $1.3M in FY2025, about 15% a year.
Aviation operations to advisory
The older report described heliport and Kansas fixed-base and aircraft maintenance operations; the latest report describes financial advisory services and says the company ceased heliport operations.
10-K for FY2022, filed Apr 17, 2023
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