Columbia City Council Discusses American Airlines Agreement

5 years 2 months 1 day ago Monday, October 15 2012 Oct 15, 2012 Monday, October 15, 2012 9:50:00 PM CDT October 15, 2012 in News
By: Elizabeth Hagedorn
loading

COLUMBIA - The Columbia City Council heard the public's input Monday night on a potential agreement with American Airlines.

Under the agreement, American Airlines would provide two daily flights to Dallas/ Fort Worth and one daily flight to Chicago. The city would guarantee $5,012 in revenue for each Dallas flight and $4,403 for flights to Chicago. The city would need to provide American Airlines with $3 million dollars in guaranteed revenue.

The city would compensate for fuel costs if they rise above $3.30 per gallon, and the airline would reimburse the city with credits if prices fall below $3.20 per gallon.

According to the Chamber of Commerce, 39 business in the state have pledged contributions to the guaranteed revenue fund. Those include Ameren Missouri, Veterans United Home Loans, and Columbia College.

Columbia Chamber of Commerce President, Don Laird says those businesses understand the risk but see it as a good investment.

"There is a risk. But we feel it's a good risk," said Laird.

Currently, about eight percent of the region's air travel comes out of Columbia Regional Airport. As part of Mayor Bob McDavid's "40 in 2020" initiative, the city hopes to have forty percent airplane users taking flights out of Columbia.

On Friday, the City Council met for just four minutes to formally introduce the agreement. In a special session on Monday October 22, the Council will vote on the agreement.

More News

Grid
List
COLUMBIA (AP) — Police say they have arrested a man charged in an August quadruple homicide that occurred in... More >>
3 hours ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 11:15:00 PM CST December 16, 2017 in News
NEW BLOOMFIELD - A two-vehicle car wreck Saturday left one dead and two others injured, according to the Missouri State... More >>
6 hours ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 8:15:00 PM CST December 16, 2017 in News
COLUMBIA - An event in Columbia today addressed the prevalence of gun violence and misuse of firearms by offering gift... More >>
6 hours ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 8:04:00 PM CST December 16, 2017 in News
COLUMBIA – A six-year-old held a hot chocolate stand Saturday outside of a Hy-Vee in Jefferson City to help two... More >>
7 hours ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 6:51:00 PM CST December 16, 2017 in News
COLUMBIA - The Wyss Medical Foundation donated $2 million to the Missouri Orthapaedic Institute for the work of lead orthopaedic... More >>
9 hours ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 5:05:00 PM CST December 16, 2017 in News
COLUMBIA - On Friday, the Columbia Police Department inducted eight new recruits, the largest class of officers in years. ... More >>
10 hours ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 4:03:00 PM CST December 16, 2017 in News
JACKSONVILLE - An estimated 400 people attended a wreath laying ceremony Saturday at the Jacksonville State Veterans Cemetery. It... More >>
10 hours ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 3:31:00 PM CST December 16, 2017 in News
COLUMBIA – Graduation day is long awaited by many and Amy Kiso Bledsoe is no exception. Bledsoe was... More >>
11 hours ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 2:47:00 PM CST December 16, 2017 in News
ST. LOUIS (AP) — As Missouri struggles with the epidemic of opioid abuse, no place in the state has been... More >>
13 hours ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 1:10:14 PM CST December 16, 2017 in News
BOONE COUNTY - A furnace malfunction caused a fire in a trailer home on Pratherville Road Saturday morning. Gale... More >>
14 hours ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 12:05:48 PM CST December 16, 2017 in News
KANSAS CITY, Mo. (AP) — People returning to Kansas City after being released from prison will get a 90-day supply... More >>
15 hours ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 11:25:12 AM CST December 16, 2017 in News
BOONE COUNTY - Firefighters responded to a shed fire off of Highway 40 near Rocheport Saturday morning. Boone County... More >>
16 hours ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 10:04:00 AM CST December 16, 2017 in News
KANSAS CITY, Mo. (AP) — Officials with the University of Missouri-Kansas City say students will soon have access to state-of-the-art... More >>
18 hours ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 8:16:45 AM CST December 16, 2017 in Continuous News
COLUMBIA - Cat cafes have popped up across the world in cities including New York City, London and Tokyo, and... More >>
18 hours ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 7:36:00 AM CST December 16, 2017 in News
JEFFERSON CITY - Some Jefferson City kids are getting the chance at a Merry Christmas this year with the help... More >>
1 day ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 12:00:00 AM CST December 16, 2017 in Top Stories
COLUMBIA - The Missouri State Highway Patrol has confirmed it has fired Trooper Anthony Piercy. KOMU 8 spoke to... More >>
1 day ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 8:42:00 PM CST December 15, 2017 in News
COLUMBIA - St. Louis officers arrested a suspect that was on the run in a duplex on Sears Court in... More >>
1 day ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 8:29:00 PM CST December 15, 2017 in News
COLUMBIA - The application for the top education position in the state, Missouri State Education Board Commissioner, opened Friday leaving... More >>
1 day ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 8:02:00 PM CST December 15, 2017 in News
Columbia, MO
Broken Clouds 44°
3am 44°
4am 44°
5am 42°
6am 42°

Select a station to view its upcoming schedule:

Coming Up Next

2:00a
Paid Program
2:30a
Paid Program
3:00a
Paid Program
2:00a
Paid Program
2:30a
Paid Program
3:00a
Paid Program

Tonight's Schedule

6:00p
Football Night in America
7:20p
Sunday Night Football
7:00p
The Christmas Bunny
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Family Guy