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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
Subsidy Value in 2023 Dollars: $142,383,803
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy: 
MEGADEAL (Archived)

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: If an online information source is not working, check the Tracker inventory page for an updated link.