Harbor Diversified, Inc.
OOTC:HRBRCapital Structure
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in mil. unless spec.Company Description
- CEO
- Christine R. Deister
- Full Time Employees
- 233
- Sector
- Health technology
- Industry
- Pharmaceuticals: major
- Address
- 5601 West Grande Market Drive Appleton WI United States 54913
- IPO Date
- Sep 8, 1997
- Website
- airwis.com
- Similar Companies
- Business
- Harbor Diversified, Inc. (HRBR) operates as a holding company primarily focused on regional air transportation services through its key subsidiary Air Wisconsin Airlines LLC, which provides scheduled passenger flights predominantly for American Airlines, Inc. under capacity purchase agreements; the company also engages in flight equipment leasing via Lotus Aviation Leasing LLC, flight equipment financing through Air Wisconsin Funding LLC, and maintains a non-operating pharmaceutical entity, Harbor Therapeutics, Inc. Air Wisconsin operates a fleet of approximately 63 Bombardier CRJ-200 regional jets configured for single-class seating with flight attendant service, serving domestic U.S. routes with a focus on Essential Air Service markets from its base at Appleton International Airport in Wisconsin, where Harbor Diversified maintains headquarters since its founding in 1992. The company's operations target major airline partners and their customers across the United States, employing around 1,000 personnel and generating revenue primarily from available seat miles. In recent developments, Harbor Diversified faced significant challenges including a March 2024 disclosure that its financial statements from December 2022 onward were unreliable due to errors in revenue recognition under its capacity purchase agreement with United Airlines, triggering a securities class action lawsuit and a subsequent share price decline; additionally, in late 2024 American Airlines issued a termination notice effective January 3, 2025, for its flying agreement with Air Wisconsin, prompting strategic shifts toward fleet sales, leasing, and potential new partnerships while the company repaid prior debt and pursued stock buybacks.
Company News
Cedar Creek Partners Q3 2026 Portfolio Update
Harbor Diversified Enters Their Post-Airline Era
Alluvial Fund Q2 2024 Portfolio Update
HARBOR ALERT: Bragar Eagel & Squire, P.C. is Investigating Harbor Diversified, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Harbor Diversified, Inc. - HRBR
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Harbor Diversified, Inc. – HRBR
FINAL HRBR DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Harbor Diversified, Inc. Investors to Join the Class Action Lawsuit!
FINAL HRBR DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Harbor Diversified, Inc. Investors to Join the Class Action Lawsuit!
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Harbor Diversified, Inc. – HRBR
FINAL HRBR DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Harbor Diversified, Inc. Investors to Join the Class Action Lawsuit!
FINAL HRBR DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Harbor Diversified, Inc. Investors to Join the Class Action Lawsuit!
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Harbor Diversified, Inc. - HRBR
IMMINENT HRBR DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Harbor Diversified, Inc. Investors to Join the Class Action Lawsuit
IMMINENT HRBR DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Harbor Diversified, Inc. Investors to Join the Class Action Lawsuit!
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Harbor Diversified
IMMINENT HRBR DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Harbor Diversified, Inc. Investors to Join the Class Action Lawsuit
HRBR Investors Have Opportunity to Lead Harbor Diversified, Inc. Securities Fraud Lawsuit
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Harbor Diversified, Inc. - HRBR
IMMINENT HRBR DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Harbor Diversified, Inc. Investors to Join the Class Action Lawsuit
HRBR INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Harbor Diversified, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!