HRBR Harbor Diversified

Harbor Diversified Inc. is a non-operating holding company that is the parent of a consolidated group of subsidiaries including AWAC Aviation Inc. (“AWAC”), which is the sole member of Air Wisconsin Airlines LLC (“Air Wisconsin”). Air Wisconsin is a regional air carrier that, as of December 31, 2019, provided scheduled passenger service to 81 cities in 31 states. Harbor Diversified Inc. is also the direct parent of three other subsidiaries: (1) Lotus Aviation Leasing, LLC (“Lotus”), which leases flight equipment to Air Wisconsin, (2) Air Wisconsin Funding LLC (“AWF”), which provides flight equipment financing to Air Wisconsin, and (3) Harbor Therapeutics Inc. (“Therapeutics”), which is a non-operating entity with no material assets. For purposes of this Annual Report on Form 10-K for the year ended December 31, 2019 (this “Annual Report”), where reference is intended to include Harbor Diversified Inc. together with its consolidated subsidiaries, they are collectively referred to as “we,” “us,” or “our.” Where reference is intended to refer only to Harbor Diversified Inc., it is referred to as the “Company.”

Company profile

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HRBR stock data


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17 May 21
24 Jun 21
31 Dec 21
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Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 124.88M 124.88M 124.88M 124.88M 124.88M 124.88M
Cash burn (monthly) 2.1M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 5.86M n/a n/a n/a n/a n/a
Cash remaining 119.02M n/a n/a n/a n/a n/a
Runway (months of cash) 56.6 n/a n/a n/a n/a n/a

Beta Read what these cash burn values mean

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

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Total holders 0 0
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Total puts 0 0
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Financial report summary

Alaska AirSkywest
Management Discussion
  • The decrease in ASMs, block hours, departures, and RPMs during the three months ended March 31, 2021 compared to the three months ended March 31, 2020, was primarily due to the decrease in demand for air travel related to the COVID-19 pandemic.
Content analysis
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