Subsidy Tracker Individual Entry

Company: 
American Airlines
Parent Company: 
American Airlines
Subsidy Source: 
multiple
Location: 
Missouri
City: 
Kansas City
Project Description: 

airliner overhaul facility

Year: 
2003
Major Industry of Parent: 
airlines
Specific Industry of Parent: 
airlines
Subsidy Value: 
$85,500,000
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Source of Data: 

The subsidy value and breakdown came from: Randolph Heaster, "American to retain overhaul base in KC," Kansas City Star, October 23, 2003.

Notes: 

The bond-financed subsidies included $44 million in initial improvements on the wide-body hangar, $37 million in future renovations and $4.5 million in marketable tax credits for asbestos removal. In 2009 the airline announced that it would close the facility. Overlaps with main Subsidy Tracker data: none.

Source Notes: 
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