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Mon April 22, 2013
Columbia pays $0 out of Airline Guarantee Fund for March
American Airlines and the City of Columbia announced today that it didn’t have to pay any money out of the Air Service Revenue Guarantee fund in March 20-13.
Ridership and revenue for American Airlines flights to and from Columbia to Dallas/Fort Worth and Chicago O'Hare continue to be very high according to American Airlines.
City Manager Mike Matthes said, "This is excellent news, which validates all of the market demand studies on which we based our decision-making process. This is no guarantee of future success but a very hopeful indication that we will have a long and fruitful relationship with American Airlines."
The city paid more than 22,000 dollars to American Airlines after the airline's first two weeks at the city's airport at the end of February.
Finance director John Blattel said then he expected the city to pay out of the revenue guarantee for American's first three months as it adjusts to a new customer base.
American Airlines provides two daily nonstop flights to Dallas/Fort Worth and one daily nonstop flight to Chicago O'Hare from Columbia Regional Airport.