Harbor Diversified Q2 FY25 net loss widens to $15.8 million; revenue drops 93.6% to $3.03 million
HARBOR DIVERSIFIED INC HRBR | 0.00 |
- Harbor Diversified posted a net loss of $15.8 million in the quarter ended June 30, 2025, widening from a year earlier; operating loss widened to $18.1 million.
- Operating revenue dropped 93.6% to $3.03 million, driven by the April 3, 2025 termination of the American capacity purchase agreement.
- Total operating expenses fell 62.8% to $21.09 million, led by payroll costs down 56.1% to $13.25 million.
- Contract revenue per available seat mile rose to 61.48 cents, while available seat miles plunged 97.5% to 4.91 million.
- Harbor said it completed the Aviation Disposition on Jan. 9, 2026 for about $125.9 million, leaving it with no operating business and no operating revenue source.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Harbor Diversified Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000899394-26-000024), on June 26, 2026, and is solely responsible for the information contained therein.
