air service revenue guarantee

Business
5:19 pm
Thu August 22, 2013

No payout from airline revenue guarantee fund for July

Credit Matt Veto / KBIA

The City of Columbia announced today that it did not have to use money from the Air Service Revenue Guarantee fund to pay Ameircan Airlines for July 2013. This is the fifth consecutive month in the past six where the city didn’t have to use the funds.  

The guarantee fund comes from several private businesses and government entities in mid-Missouri.

American Airlines began service from Columbia in February, with flights to Dallas and Chicago. 

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Business
3:05 pm
Tue May 21, 2013

No Columbia airline revenue guarantee payout for April

For the second month in a row, the City of Columbia will not have to pay American Airlines due to positive sales.
Credit Simon_sees / Flickr

The City of Columbia announced today that no money will come out of the Air Service Revenue Guarantee fund for the month of April. This is the second month in a row which American Airlines did not require a payment from the fund.

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