Tuesday, October 6, 2009

Gary airport has fed grant for new airlines

Gary airport has fed grant for new airlines: "Gary/Chicago International Airport wants to use an $800,000 federal grant to fund flights to major aviation hubs such as Denver International and Dulles International in Washington, D.C.

The federal grant would be the first source of funding for the service, and the airport also would look for support from area businesses, Airport Director Chris Curry said. It also could seek funding from the Northwest Indiana Regional Development Authority or the state.

Under an arrangement being discussed with Houston-based ExpressJet, the Gary airport would guarantee the airline one year of payments to operate the service. Ticket fares collected would be knocked off the total price of the service, which could be up to $5 million for flying for one year to one city."

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