Saker Aviation Services, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 31, 2021 at 03:46 pm EDT
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Saker Aviation Services, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 3.506 million compared to USD 11.567 million a year ago. Operating loss was USD 1.491 million compared to operating Income of USD 1.047 million a year ago. Net loss was USD 1.748 million compared to net income of USD 667,644 a year ago. Basic loss per share from continuing operations was USD 1.71 compared to basic earnings per share from continuing operations of USD 0.66 a year ago. Diluted loss per share from continuing operations was USD 1.71 compared to diluted earnings per share from continuing operations of USD 0.65 a year ago.
Saker Aviation Services, Inc., through its subsidiary, operates in the aviation services segment of the general aviation industry, in which it serves as the operator of a heliport. The Companyâs business activities are carried out as the operator of the Downtown Manhattan (New York) Heliport. Its business activities are carried out by FirstFlight Heliports, LLC, its wholly owned subsidiary. Its other subsidiary is FBO Air Garden City, Inc.